Adaptive Renko Trading with Loss-Triggered Position Sizing

Summary

This Expert Advisor runs separate long and short systems using signals from an Adaptive Renko indicator. It adds direction-specific money-management settings that examine a chosen number of recent trades and reduce the next position size when enough of those trades were losses. In the example, the system checks five trades and uses a smaller lot after three or more losses; otherwise it uses the normal lot. The long and short sides can be configured independently.

The document identifies a USDJPY four-hour test over 2017 and refers to a results chart, but provides no numerical performance measures in the text. It also states that the tests used no stop loss or take profit. Those limits make it difficult to assess drawdowns, robustness, or whether the sizing rule improves outcomes. The approach depends on the external Adaptive Renko indicator and does not specify a broader risk cap or validation across other periods and instruments.

Key ideas

• The EA runs distinct long and short systems from Adaptive Renko signals.
• Each direction can reduce position size when recent trade losses reach a configured threshold.
• The example checks five prior trades and reduces size after three losses.
• The described USDJPY four-hour test covers 2017, but the text gives no numerical results.
• The test description says stop loss and take profit were not used.

Tags

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