Short-Term Price Momentum Entries with Loss-Based Position Scaling

Summary

This Expert Advisor opens trades when a recent price move and the latest completed bar point in the same direction. A buy requires a bullish bar and a current price above its level from a configurable number of seconds earlier by at least a set step; a sell uses the opposite conditions. Stop-loss and take-profit events are identified from deal reasons.

After a stop loss, the next position size is increased by a configurable coefficient. The description lists the relevant inputs but gives no performance tests or risk analysis. The approach therefore offers entry and sizing rules, not evidence that the signals are profitable; increasing size after losses can also amplify losses.

Key ideas

• Entries require both bar direction and a price move over a configurable lookback period.
• The buy and sell rules mirror each other around the recent price change.
• The Expert Advisor detects stop-loss and take-profit executions using deal reason identifiers.
• Position size increases by a configured multiplier after a stop loss.

Tags

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