Ichimoku Candle Signals with Loss-Triggered Position Scaling

Summary

This trading system uses signals from a colored-candle indicator based on Ichimoku. It generates trades when a bar closes and the indicator shows a trend change. Position size depends on recent outcomes in the same direction: after a configured number of consecutive losing buys or sells, the next trade in that direction uses a smaller volume; otherwise, it uses the normal volume. The description provides example settings for the loss trigger and the two sizing levels.

The post says tests used the expert advisor's default stop parameters and identifies an example test on AUD/USD at a two-hour interval for a stated year. It does not provide numerical results or enough detail to assess profitability, drawdowns, costs, or robustness. The method changes exposure in response to prior trade results, but the document does not explain whether the reduced size improves risk-adjusted outcomes. Reproducing the system also depends on a separate compiled indicator file.

Key ideas

• Trades are triggered at bar close when the indicator signals a trend change.
• Position volume is reduced after a configured run of losses in the same direction.
• The example defines separate normal and reduced sizing levels.
• A test is identified for AUD/USD on a two-hour chart, but numerical results are absent.
• The description does not establish whether the outcome-based sizing improves risk-adjusted performance.

Tags

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