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Filtering JBrainTrend Signals with UltraRSI Cloud Colors

Article MQL5 code base

Summary

This document describes an Expert Advisor that combines JBrainTrend1Sig signals with the cloud color from UltraRSI. In its simultaneous-filtering mode, a trade signal can form at bar close when JBrainTrend1Sig produces a signal and UltraRSI’s cloud color agrees with that signal. It can also trigger when the cloud color changes and the latest JBrainTrend1Sig signal matches the new color. The two indicators therefore confirm each other. Other modes use either indicator as the signal source and the other as a filter.

The document mentions test results for NZDUSD on a four-hour chart during 2011 and says the tests used default inputs without stop loss or take profit. It provides no numerical performance statistics or detailed evaluation of the results, so the evidence is limited. The description also does not specify position sizing, exit rules, or how conflicting signals are handled. Readers should treat the example as a signal-combination design rather than evidence of a profitable strategy.

Key ideas

  • The Expert Advisor combines JBrainTrend1Sig signals with UltraRSI cloud colors.
  • In simultaneous-filtering mode, both indicators must agree for a signal to form.
  • A change in UltraRSI cloud color can also trigger a signal when it matches the latest JBrainTrend1Sig signal.
  • The document reports a 2011 NZDUSD four-hour test without stop loss or take profit, but gives no performance figures.

Tags

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