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RD-TrendTrigger Entries from Oscillator Direction Changes or Level Breaks

Article MQL5 code base

Summary

This Expert Advisor uses the RD-TrendTrigger oscillator to enter trades at the close of a bar. Its configurable entry mode can trigger when the oscillator changes direction or when it breaks user-defined upper and lower thresholds. The stated default levels are +50 and -50, and the article notes that the example tests used the Expert Advisor's default inputs.

The document mentions historical trade instances and a test on XAUUSD at the four-hour timeframe for 2011, but provides no numerical performance statistics in the text. Neither stop loss nor take profit was used in those tests, which limits what they can show about risk control. The material describes entry signals but gives little detail on exits, position sizing, transaction costs, or robustness across instruments and periods. It is therefore a sketch of an oscillator-based trend-trigger system, not evidence of a complete or validated trading strategy.

Key ideas

  • The system evaluates signals when a bar closes.
  • One entry mode responds to a change in oscillator direction.
  • Another entry mode responds to breaks of configurable upper and lower oscillator levels.
  • The described XAUUSD four-hour test covers 2011 and used no stop loss or take profit.
  • The text supplies no numerical performance measures or broader robustness evidence.

Tags

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