Trading NRatioSign Overbought and Oversold Threshold Crossings

Summary

This expert advisor uses signals from the NRatioSign indicator, with configurable upper and lower thresholds for overbought and oversold conditions. It offers two entry styles: trade when the indicator enters one of those zones, or wait until it exits the zone. The document identifies EUR/USD on a six-hour chart as the instrument and timeframe used in the cited 2014 test period.

The test description says the advisor's default inputs were used and that stop loss and take profit were omitted. It refers to chart examples and a results chart, but provides no numerical performance statistics in the text. The strategy therefore cannot be assessed for profitability, drawdowns, or robustness from this description alone. It also depends on a separately compiled indicator file, and trading costs and risk controls are not evaluated in the stated test setup.

Key ideas

• The advisor trades signals generated by the NRatioSign indicator.
• Its thresholds define overbought and oversold zones.
• One mode trades on entry into a zone, while another trades on exit.
• The described test used EUR/USD on a six-hour chart during 2014.
• The test omitted stop loss and take profit, and the text gives no numerical performance measures.

Tags

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