MA Crossover Strategy with MA Turning Point Exits + ADX filter by sujay.paranjpe
By rthomson
Performance Metrics
- Author: rthomson
- Symbol: OANDA:DE30EUR
- Timeframe: 4 hours
- Net P&L: +68,241.13 AUD (+4,012.97%)
- Win Rate: 48.0%
- Profit Factor: 2.146
- Max Drawdown: 1,827.72 AUD (12.32%)
- Total Trades: 1,638
- Sharpe Ratio: 0.779
Description
This strategy is based upon rthomson's MA Crossover Strategy with MA Turning Point Exits. I just added an ability to filter out entries when ADX < 20. In fact you have a choice to set this ADX threshold value.In a sideways market, the MA crossovers end up in yielding entry trades with losses. ADX value around 20 to 25 indicates a sideway market. By introducing ADX threshold, we are trying to prevent potential loss making entries.