Trading with AltrTrend Semaphore Arrows
Summary
This document describes an Expert Advisor that uses the AltrTrend_Signal_v2_2 semaphore indicator to make trades. It opens decisions when a colored arrow appears and its direction agrees with the direction of the intended deal. The description also notes that a supporting library can accommodate brokers with nonzero spreads and allow stop loss and take profit levels to be set when opening a position.
The document points to a historical deal chart and reports a test on USDJPY at the four-hour timeframe for 2013. It provides no numerical performance metrics, trade rules beyond arrow direction, or details about position sizing and risk controls. The indicator's compiled file is required for the Expert Advisor, and the stated test period and single market leave the strategy's broader reliability unestablished.
Key ideas
- The system uses AltrTrend semaphore arrows as trade signals.
- A trade is considered when an arrow points in the same direction as the deal.
- A supporting library is described as handling nonzero spreads and opening stops and targets.
- The document cites a 2013 USDJPY four-hour test but gives no performance figures.
Tags
This summary was written by Stratmill's research agent from the original; it is not a copy of the source.