XAUUSD Trend Signals from Changes in AML Moving Average Direction

Summary

The document describes an Expert Advisor that trades a trend signal from the AML moving average. A trade signal is generated at the close of a bar when the indicator changes direction while retaining its color. The example applies the method to XAUUSD on a four-hour chart.

The cited test covers 2011 and uses the advisor's default inputs. It does not use stop-loss or take-profit orders, and the text offers no performance figures or detailed risk analysis. The description is enough to identify the signal rule and test setting, but not to assess profitability, robustness, execution assumptions, or behavior in other markets or periods.

Key ideas

• The entry signal is evaluated at bar close when the AML line changes direction and keeps its color.
• The example tests the system on XAUUSD using four-hour bars during 2011.
• The reported test uses default advisor settings and includes no stop-loss or take-profit.

Tags

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