ColorJ2JMAStDev Signals for Bar-Close Entries and Reversals

Summary

This expert advisor uses the ColorJ2JMAStDev indicator to generate entries and exits. It opens a position at a bar’s close when the indicator displays a colored point, then exits when the indicator changes direction against the open position. The description identifies a compiled indicator dependency and notes that an auxiliary trade library supports brokers with nonzero spreads and combined stop-loss and take-profit settings.

The cited test uses the expert advisor’s default inputs on EURUSD four-hour data for 2015. Stop loss and take profit were disabled in that test. The text refers to trade examples and performance charts but provides no numerical results or discussion of costs, robustness, parameter sensitivity, or out-of-sample performance. The stated rules and test context therefore describe the system, but are insufficient to assess whether the signals are profitable or transferable.

Key ideas

• The system opens a trade at bar close when the indicator produces a colored point.
• It exits when the indicator turns against the open position.
• The described test used default inputs on EURUSD four-hour data for 2015.
• Stop loss and take profit were not used in the reported test.

Tags

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