Volume-Weighted Moving-Average Price Signal for Directional Trades
Summary
The document describes an Expert Advisor built around a quantity called GO. It combines moving-average values calculated from close, open, high, and low prices with the signal bar’s volume. A positive GO reading triggers a buy, while a negative reading closes a buy and opens a sell. Configurable opening and closing thresholds can require the reading to pass set levels and introduce a gap between entry and exit thresholds.
The listed settings include moving-average period, shift, method, the bar used for evaluation, volume input, and position sizing or risk controls. A strategy tester image is mentioned, but the document provides no numerical performance results, risk statistics, or comparison with alternatives. It does not explain how the signal behaves across markets or parameter choices. The description is an implementation outline, so the formula and order behavior would need independent evaluation before drawing conclusions about strategy quality.
Key ideas
- GO combines moving-average price values for four bar prices with signal-bar volume.
- Positive GO opens a buy, while negative GO closes a buy and opens a sell.
- Opening and closing thresholds can add a separation between entry and exit signals.
- The document lists configurable signal and position-sizing parameters but provides no numerical performance evidence.
Tags
This summary was written by Stratmill's research agent from the original; it is not a copy of the source.