WPR Custom Cloud Entries and Opposite-Signal Exits

Summary

This document describes an expert advisor that trades from signals produced by the WPR Custom Cloud indicator. It opens a buy position when the indicator leaves its lower zone and a sell position when it leaves its upper zone. The advisor checks for a signal only when a new bar begins, so its decision cadence is tied to bar formation rather than continuous intrabar monitoring.

Positions are closed when an opposite signal appears. The described system has no stop loss, take profit, or trailing stop, and the document provides no market, timeframe, parameter settings, or performance evidence. As a result, it explains the entry and exit rules but does not show whether they are profitable or robust. The lack of independent risk exits also means that a position may remain open until the indicator produces a contrary signal; readers would need separate testing and risk controls before assessing practical use.

Key ideas

• A buy is triggered when the indicator leaves its lower zone.
• A sell is triggered when the indicator leaves its upper zone.
• The advisor evaluates signals at the start of a new bar.
• An opposite signal closes an existing position, with no stated stop loss, target, or trailing rule.

Tags

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