EMA-RSI-V A Expert Advisor with Crossover Signals and Deposit-Based Lot Scaling

Summary

This foreign-exchange Expert Advisor is described as using an EMA_RSI_VA indicator. It opens a buy signal when the fast line crosses upward and a sell signal when that line crosses downward. An optional position-size scaling feature increases lot size according to a ratio involving account deposit and maximum drawdown. The notes recommend first testing the system without scaling and using the observed maximum drawdown to set the scaling parameter.

The document lists EUR/USD hourly tests beginning in 2009 under several configurations, including tests with and without lot increases, and mentions a result of $600,000 from a $10,000 initial deposit at a 1.0 lot setting. It does not provide the full test reports, drawdown figures, costs, execution assumptions, or a comparison against a benchmark, so the large stated result cannot be independently assessed from this text. The sizing method may materially magnify losses as well as gains, and the brief description does not define the indicator’s full calculation or signal rules.

Key ideas

• The Expert Advisor uses upward and downward fast-line crossovers for buy and sell signals.
• An optional lot-scaling feature relates position size to account deposit and maximum drawdown.
• The document lists EUR/USD hourly tests beginning in 2009 and reports one large result, without enough detail to independently assess it.
• It recommends testing without lot scaling first and using the resulting drawdown to configure the scaling parameter.
• The text omits full indicator rules, costs, execution assumptions, and detailed risk statistics.

Tags

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