Dual-Timeframe WAMI Signals for Trend-Following Trades

Summary

This Expert Advisor description presents a trend-following system that uses two WAMI indicators on separate timeframes. The slower indicator defines trend direction from the relationship between its main and signal lines; the faster one supplies entry timing when its direction changes. A trade signal is generated at bar close when the fast and slow directions agree and the fast direction has just changed. The listed inputs cover timeframes, moving-average settings, trade permissions, position sizing, and optional stop-loss and take-profit values.

The document states that the example test used EURUSD data for 2016, with the slow trend on H4 and entries on M30. It says the displayed tests used default inputs and did not use stop-loss or take-profit, but gives no numerical performance statistics or robust validation. Required indicator files and a trading library are also noted as dependencies. The description supports understanding the signal structure, but it does not establish profitability or explain how the system behaves across other markets or periods.

Key ideas

• The system uses one WAMI signal for the slower trend and another for entry timing.
• An entry requires the fast and slow trend directions to agree while the fast direction changes.
• Signals are evaluated at bar close, with configurable timeframes and moving-average settings.
• The described test used EURUSD, a slow H4 trend, and M30 entries during 2016.
• The document provides no numerical performance results, and the stated test omitted stop-loss and take-profit use.

Tags

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