The correct order is a set of moving averages located consecutively. The correct order for an uptrend would be the situation, when the 10-period simple moving average (SMA) is on a higher price level than the 20-period SMA, which is above the 50- SMA. That one, in turn, is above the 100- SMA, and 100- SMA is above the 200- SMA.

In a downtrend, the opposite is true.

The presence of moving averages located consecutively is usually a strong indication of trend condition movements and indicates that the momentum is on the trend side, but the moving averages serve as the support levels.

In order to use the correct order strategy with more reliability, added ADX check, which must be greater than 20 and have an increasing tendency.

Entry – after 5 candles once the correct order forms, exit – once the correct order gets violated.

Testing Results:

Strategy Tester Report

TrueSort_0002

SIG-Demo.com (Build 220)

Symbol		EURUSD (Euro vs US Dollar)
Period		1 Hour (H1) 2008.06.04 23:00 – 2009.02.20 22:00
Model		Every tick (the most accurate mode based on the shortest available time frames)
Parameters		lots=0.1; stloss=100; magicnum=5000;

Bars in test	4451	Ticks modelled	2924368	Modelling quality	44.19%
Mismatched chart errors	2

Initial deposit	10000.00
Net profit	1327.99	Gross profit	3462.83	Gross loss	-2134.84
Profit factor	1.62	Expected payoff	20.12
Absolute drawdown	128.73	Maximum drawdown	934.88 (7.70%)	Relative drawdown	7.70% (934.88)

Total trades	66	Short positions (won %)	45 (42.22%)	Long positions (won %)	21 (61.90%)
		Profit trades (% of total)	32 (48.48%)	Loss Trades (% of total)	34 (51.52%)
Largest		profit trade	470.06	loss trade	-304.00
Average		profit trade	108.21	loss trade	-62.79
Maximum		consecutive wins (profit in money)	5 (717.85)	consecutive losses (loss in money)	5 (-338.41)
Maximal		consecutive profit (count of wins)	717.85 (5)	consecutive loss (count)	-457.47 (2)
Average		consecutive wins	1	consecutive losses	2

Alternative: ForexOFFTrend - indicator MetaTrader 5

The correct order (version 1.0.01) – expert for MetaTrader 4

📈 ROBOTFX MetaTrader Expert Advisors and Indicators to maximize profits and minimize the risks

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