Three Indicator Trend EA with Adaptive Trade Volume
Summary
The document describes an Expert Advisor that runs three independent trading systems, each based on a different indicator: BrainTrend_V2, AbsolutelyNoLagLWMA, or X2MACandle. A system can open long or short positions when a bar closes and its indicator signals a trend color change. Inputs let users enable or disable each system separately and adjust the volume of a forthcoming trade according to that system’s previous trade results.
The document reports example chart trades and a test on EURJPY at the six-hour timeframe for 2017, using the EA’s default inputs. Stop loss and take profit were not used in those tests. No performance figures or detailed evaluation are provided, so the examples do not establish profitability or robustness. The method also depends on the three indicator files being available to the trading platform. The volume adjustment rule is mentioned, but its precise mechanics are not explained in the text.
Key ideas
- The EA combines three separate systems based on BrainTrend_V2, AbsolutelyNoLagLWMA, and X2MACandle.
- Each system generates a signal at bar close when its indicator changes trend color.
- Long and short entries can be enabled or disabled separately for each system.
- Forthcoming trade volume can vary according to the previous results of that system.
- The cited EURJPY test used default inputs and omitted stop loss and take profit.
Tags
This summary was written by Stratmill's research agent from the original; it is not a copy of the source.