Topic: EURUSD 5min MA Crossover Strategy
I love this Software
I have been testing various strategies that relate to my manual trading. Basically Moving Average crossover systems.
The attached strategy appears to work well for the EURUSD based on a 5 minute chart.
It uses a moving average crossover but only takes trades in the direction of a larger MA, filtered by ADX to reduce the number of trades taken during quiet periods.
Using the strategy builder I have backtested it on various numbers of bars from 5,000 to 50,000 with good results.
The optimisation was done over 50,000 bars which covers the major change of direction in the EURUSD last December. Changes of trend are one of the issues with MA crossover systems as the lag inherent in MA's creates large drawdowns.
Would welcome any comments and advice before I let it loose on a live micro account.