Tick-Based Price Impulse Trading with a Point Threshold

Summary

The expert advisor described here monitors real tick data and waits for price to move a specified number of points within a specified number of ticks. This defines a short-horizon price impulse condition: the strategy is triggered by the speed and size of a move rather than by a bar-based indicator. The description says it uses a tick-copying function to access the reference data.

Configurable inputs include trade size, stop loss, take profit, the point threshold, the tick window, and a minimum delay between trades. These controls indicate how a user can set the trigger and basic trade safeguards, but the document does not specify the direction logic, exact order handling, instrument, or parameter values. It provides no backtest or live performance evidence, so profitability, sensitivity to market conditions, and execution effects cannot be assessed from this description.

Key ideas

• The advisor monitors real ticks for a price move that meets a point threshold within a tick window.
• The trigger combines movement size with the number of ticks taken.
• Inputs include position size, stop loss, take profit, trigger threshold, tick window, and trade delay.
• The document does not report backtest results or explain execution and direction rules.

Tags

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