Dual Trend-Following Systems with Loss-Based Position Sizing
Summary
The document describes an expert advisor that runs two independent systems based on the BykovTrend and ColorX2MA indicators. Each system generates a trade signal when a bar closes and an indicator changes color to show a trend shift. Position size can be reduced after a specified number of consecutive losing trades in the same direction, with separate settings for buys and sells in each system.
The examples illustrate configurable normal and reduced trade sizes, and the text says the pictured test used default inputs with stops on GBPJPY at a two-hour interval during 2016. It provides no numerical performance statistics or detailed test methodology, so the reference to test results is not enough to assess profitability or robustness. Operation also depends on the corresponding indicator files being available to the trading terminal.
Key ideas
- The expert advisor combines two indicator-based systems that can open trades independently.
- Signals are evaluated at bar close when an indicator changes color to indicate a trend shift.
- Each system can reduce trade size after a configured run of losses in the same direction.
- The document mentions a historical GBPJPY test but provides no performance statistics to evaluate.
Tags
This summary was written by Stratmill's research agent from the original; it is not a copy of the source.