Three ColorJFatl Systems with Loss-Responsive Position Sizing

Summary

The document describes one Expert Advisor that runs three independent trading systems based on ColorJFatl_Digit indicator color changes. It generates signals when a bar closes and an indicator changes color, treating that as a trend change. Each system has separate controls for long and short entries and for adjusting trade volume based on recent losses in the same direction.

For example, after two consecutive losing trades in one direction, the next trade uses a smaller volume; otherwise it uses the normal volume. The document recommends configuring each system separately by disabling the other two. It also notes that the compiled indicator must be installed for the EA to work. It references tests on GBPJPY across H3, H8, and daily charts during 2016, but provides no numerical performance results or detailed risk analysis, so the evidence is insufficient to assess profitability or robustness.

Key ideas

• The EA combines three independent systems driven by ColorJFatl_Digit indicator color changes.
• Signals are generated at bar close when an indicator changes color to indicate a trend change.
• Each system can reduce trade volume after a configurable run of losses in the same direction.
• Long and short entries can be enabled or disabled separately for each system.
• The document mentions GBPJPY tests across several timeframes in 2016 but gives no detailed performance figures.

Tags

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