Snake Dragon Strategy by MasayanFX
By MasayanFX
Performance Metrics
- Author: MasayanFX
- Symbol: FX:USDJPY
- Timeframe: 15 minutes
- Win Rate: 35.9%
- Profit Factor: 1.189
Description
Snake Dragon Trend Strategy is a trend-following backtesting strategy designed for USDJPY on the 15-minute chart.The strategy uses a fast and slow Simple Moving Average to define trend direction and a MACD-based momentum filter to confirm trade strength. A long entry is generated when the previous confirmed MACD main value is above the selected sensitivity threshold and the fast SMA is sufficiently above the slow SMA. A short entry is generated when the previous confirmed MACD main value is below the negative threshold and the slow SMA is sufficiently above the fast SMA.The strategy supports both 5-minute and 15-minute charts. On the 15-minute chart, the default moving average periods are 35 and 100. On the 5-minute chart, the periods are adjusted to 105 and 300. It also includes optional long-only mode, weekday filters, server-time-based trading hour filters, fixed stop loss and take profit distances, and visual SMA ribbon support.Default settings:Symbol: USDJPYTimeframe: 15 minutesSensitivity: 3Fast SMA on 15m: 35Slow SMA on 15m: 100Stop Loss Distance: 4.0Take Profit Distance: 5.0Only Long: DisabledTime Filter: DisabledPyramiding: 0The strategy closes an opposite position before opening a new one and uses fixed price-distance stop loss and take profit levels. Because TradingView’s broker emulator differs from MT4/MT5 execution, backtest results may not match EA results or live broker execution exactly.This script is intended for chart analysis, backtesting support, research, and educational purposes only.It does not guarantee future performance and should not be considered financial advice.Please test carefully before using it in any trading decision.