Skip to content
All library documents

AMkA Color-Change Signals for a Moving-Average Expert Advisor

Article MQL5 code base

Summary

The document describes an Expert Advisor that trades signals from the AMkA indicator. It checks for a newly colored point when a bar closes and requires the latest point and the two preceding points to have different colors. The text indicates that this condition is used to form the signal, but does not spell out the order direction or provide further entry and exit rules.

It reports that tests used the advisor’s default inputs, without stop-loss or take-profit settings, and refers to deal history and test-result charts for NZDUSD on a four-hour chart during 2011. The numerical outcomes and chart details are not included in the text, so the results cannot be assessed here. The document offers a description of the signal condition and a limited historical test reference, not evidence of performance beyond that setting.

Key ideas

  • The Expert Advisor uses color-point signals from the AMkA indicator.
  • A signal is checked when a bar closes and depends on a new point plus the colors of three successive points.
  • The referenced historical test used NZDUSD on a four-hour chart during 2011.
  • The described test omitted stop-loss and take-profit settings.
  • The text does not provide numerical performance results or complete trade rules.

Tags

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