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Trading Histogram Direction Changes with XDeMarker Signals

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Summary

This document describes an Expert Advisor strategy that uses the XDeMarker_Histogram_Vol_Direct indicator. It opens trades when a bar closes and the indicator histogram changes direction, shown by a change in the color of its star markers. The description does not specify how positions are closed or how trade size is determined.

It reports test results for USDJPY on a four-hour chart over 2017 and says the example tests used the Expert Advisor’s default inputs without stops. The underlying test figures are not included in the text, so performance, risk, and robustness cannot be assessed from this description. The strategy also depends on having the compiled indicator available for the Expert Advisor to run.

Key ideas

  • The strategy enters when a completed bar coincides with a change in histogram direction.
  • Star color changes are used to display direction changes.
  • The reported example tests used USDJPY four-hour data from 2017.
  • The description gives no stop settings or detailed performance figures.

Tags

ForexTechnical indicatorsBacktesting

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