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TrendValue Diamond Signals for a USDCHF H4 Trading System

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Summary

This page outlines an Expert Advisor built around the TrendValue indicator. It enters a trade when a diamond of the corresponding color appears at a bar close, making the indicator’s colored markers the system’s entry trigger. The page says the reported test used the Expert Advisor’s default inputs and did not use stop-loss or take-profit orders.

The only stated test context is USDCHF on the four-hour timeframe during 2011, accompanied by references to a trade-history chart and a results chart. The supplied text does not include readable performance statistics, the rules for closing or sizing trades, or enough detail to reproduce the test. The results therefore cannot establish profitability or robustness. The approach also depends on a separate compiled TrendValue indicator file, whose calculation method is not described here.

Key ideas

  • The Expert Advisor uses TrendValue diamond markers as trade-entry signals at bar close.
  • The example test covers USDCHF on a four-hour chart in 2011.
  • The stated test used default inputs and no stop-loss or take-profit settings.
  • The available description omits exit rules and numerical performance results.

Tags

ForexTechnical indicatorsBacktesting

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