Skip to content
All library documents

HullTrendOSMA Expert Advisor: Trading Histogram Direction Reversals

Article MQL5 code base
Read the original

Summary

The Expert Advisor described here trades changes in the direction of the HullTrendOSMA histogram. It generates a signal when a bar closes and the indicator’s direction has changed, making the strategy a reversal-signal approach. The document also states that a compiled indicator file is needed for the advisor to run.

It mentions a GBPJPY test on a 12-hour chart covering 2014 and refers to a results chart, but provides no numerical performance measures or enough detail to assess robustness. The stated test used default advisor settings and omitted both stop loss and take profit. Since evidence is limited to that described test, the document does not establish how the method performs across other instruments, periods, or execution conditions.

Key ideas

  • The advisor signals when the HullTrendOSMA histogram changes direction at bar close.
  • The strategy therefore depends on detecting reversals in the indicator rather than on a stated price threshold.
  • A compiled HullTrendOSMA indicator is required for the advisor to operate.
  • The cited GBPJPY test used a 12-hour chart in 2014, default inputs, and no stop loss or take profit.

Tags

ForexTechnical indicatorsTrend followingBacktesting

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