ColorJFatl_StDev Indicator Trading Rules and EURUSD Test

Summary

This document describes an Expert Advisor that trades signals from the ColorJFatl_StDev indicator. It opens a position when a colored indicator point appears at a bar’s close, then exits when the indicator changes direction against the position. The implementation depends on a compiled indicator file and a trading library that supports brokers with nonzero spreads and combined stop-loss and take-profit settings.

The document reports a test on EURUSD four-hour bars for 2015 using the default Expert Advisor parameters. Stop loss and take profit were disabled for that test, and chart and performance figures are referenced but not reproduced in the text. It gives no numerical performance metrics or details about costs, risk controls, or robustness across other instruments and periods, so the results cannot establish whether the rules are reliable beyond that historical test.

Key ideas

• The system enters at a bar close when the indicator displays a color point.
• It exits when the indicator turns against the open position.
• The described historical test used 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.