Two Moving Average Crossovers Filtered by the Current Bar Price

Summary

This document describes an expert advisor that uses an unusual filter involving the intersection of two moving averages. The user can set a price type for the current bar and choose a signal filter based on the fast average, the slow average, or that bar's selected price. The position logic is described in terms of directional signals: with no position, a buy signal opens a long position and a sell signal opens a short position; when a position exists, an opposing signal closes it.

The description does not provide the moving average periods, exact crossover conditions, price type defaults, position sizing, stop rules, or evidence from testing. It names EURUSD on a five-minute chart but gives no results or explanation of how the filter changes signal quality. The text is therefore a compact account of the EA's signal and position handling, not a complete trading specification or evidence of profitability.

Key ideas

• The EA uses the intersection of two moving averages as part of its signal filter.
• The filter can refer to the fast average, slow average, or selected price for the current bar.
• A buy or sell signal opens a position when none exists and closes an opposing position when one is present.
• The description names EURUSD on a five-minute chart but supplies no performance evidence or complete parameter settings.

Tags

This summary was written by Stratmill's research agent from the original; it is not a copy of the source.