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HullTrend Expert Advisor: Trading on Indicator Cloud Color Changes

Article MQL5 code base

Summary

This Expert Advisor follows the HullTrend indicator and generates a signal when a completed bar changes the indicator cloud’s color. The description presents this as a trend-following rule and identifies USDJPY on a four-hour chart as the setting used for a historical test covering 2013. It also notes that the displayed test used the default EA inputs and did not use stop-loss or take-profit orders.

The material gives only a brief strategy description and references charts of deal history and test results; it does not provide numerical performance statistics, detailed entry or exit handling, or risk-adjusted evaluation. Its mention of a trading library concerns broker compatibility, spreads, and attaching stop-loss and take-profit settings when opening positions. The result is limited evidence for assessing robustness, and the bar-close color-change rule alone does not establish profitability across markets or periods.

Key ideas

  • The EA signals when the HullTrend cloud changes color on a completed bar.
  • The described historical test used USDJPY on a four-hour chart during 2013.
  • The test used default inputs and omitted stop-loss and take-profit settings.
  • The description provides no numerical performance measures or robustness analysis.

Tags

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