Ergodic Tick Volume EA Using Main and Signal Line Crossovers

Summary

This Expert Advisor takes trading signals from an Ergodic Tick Volume oscillator. It evaluates the signal when a bar closes and acts when the oscillator’s main line crosses its signal line. The document identifies a required compiled indicator dependency and notes that a supporting trade library can accommodate brokers with nonzero spreads and allow stop-loss and take-profit settings alongside order placement.

The post refers to test results for GBPJPY on a six-hour chart in 2014, using the EA’s default inputs, but the supplied text does not include the plotted results or numerical performance measures. It also states that the cited tests did not use stop-loss or take-profit settings. The description therefore establishes the signal rule and test context, but does not provide enough evidence to judge profitability, robustness across markets or periods, or the effect of risk controls.

Key ideas

• The EA generates signals from an Ergodic Tick Volume oscillator.
• A crossing between the main and signal lines is checked at bar close.
• The described test used GBPJPY on a six-hour chart during 2014 with default inputs.
• The referenced test did not use stop-loss or take-profit settings.
• No numerical performance results are provided in the document text.

Tags

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