SSL_NRTR Trend-Reversal Signals with a Fixed Holding-Time Exit
Summary
This expert advisor uses the SSL_NRTR indicator to identify potential trend changes. It generates a signal when a bar closes and the indicator switches from a neutral state to a trend state, or changes from one trend direction to the other. The strategy can also close an open position after a configured holding period, giving it a time-based exit independent of a new indicator signal.
The document describes the signal and exit rules and notes that the compiled indicator file must be installed for the advisor to work. It cites example trades and a GBPJPY four-hour backtest covering 2017, but provides no detailed performance statistics or discussion of costs, drawdowns, parameter sensitivity, or out-of-sample results. The examples therefore do not establish that the approach is profitable or generalizes to other markets and periods.
Key ideas
- Signals are generated when the SSL_NRTR indicator changes state at a bar close.
- A signal can follow a move from neutral to trending or a reversal between trend directions.
- Positions can be closed after a preset holding time.
- The cited test covers GBPJPY on a four-hour chart during 2017, without detailed performance measures.
Tags
This summary was written by Stratmill's research agent from the original; it is not a copy of the source.