Trading Volume-Weighted Moving-Average Deviation Signals

Summary

This Expert Advisor trades signals from the Volume_Weighted_MA_StDev indicator. A colored point appearing at a bar’s close forms a signal, while a change in the indicator’s direction against an open position is described as an exit signal. The system requires the separately compiled indicator. A supporting library is mentioned for brokers with nonzero spreads and for setting stop loss and take profit alongside position entry.

The document reports tests on EURJPY four-hour bars for 2015 using the default Expert Advisor inputs, with no stop loss or take profit applied in those tests. It refers to charts of deal history and test results but supplies no performance figures, benchmark, or risk analysis. The brief description does not explain the indicator calculation, position sizing, or how the system handles repeated signals, limiting independent assessment and replication.

Key ideas

• Signals are generated when a colored indicator point appears at a bar close.
• An indicator direction change against an open position is used as an exit signal.
• The tests cited use default inputs on EURJPY four-hour bars in 2015.
• Stop loss and take profit were not used in the described tests.
• The Expert Advisor depends on a separately compiled indicator.

Tags

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