Trading Center of Gravity Histogram Direction Changes

Summary

This document describes an Expert Advisor that uses the CenterOfGravityOSMA histogram’s change of direction as its trading signal. A signal is formed at bar close when the moving average changes direction. The advisor requires a separate compiled indicator file to run, and the cited trading tests use its default input settings.

The text mentions chart examples and reports a test on USDJPY four-hour data for 2014, but gives no numerical performance measures in the supplied material. Stop loss and take profit were not used in those tests, limiting what they show about risk control. The description does not specify entry and exit rules beyond the direction-change signal, nor does it provide enough evidence to assess robustness across markets or periods. It is a brief strategy description rather than a full evaluation.

Key ideas

• The advisor signals when the histogram changes direction as a bar closes.
• The direction change is associated with a shift in moving-average direction.
• Running the advisor requires a separate compiled indicator.
• The described tests used USDJPY four-hour data from 2014 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.