Skip to content
All library documents

XKRI Histogram Direction-Change Trading Signals

Article MQL5 code base
Read the original

Summary

The Expert Advisor described here opens trades when the XKRI_Histogram oscillator changes direction, using the bar close to confirm the signal. It is presented as an example of a rule-based approach that converts an indicator turn into an automated trade trigger.

The document mentions test results for GBPJPY on a four-hour chart in 2014, using the default input settings. Stop loss and take profit were not used in those tests. It provides no numerical performance measures or discussion of risk, robustness, or parameter sensitivity, so the brief test reference does not establish whether the approach is profitable or generalizes to other markets and periods.

Key ideas

  • The strategy triggers when the XKRI_Histogram changes direction at a bar close.
  • The example test uses GBPJPY on a four-hour chart in 2014.
  • The reported test used default settings and no stop loss or take profit.
  • The document gives no performance figures or evidence of robustness.

Tags

ForexTechnical indicatorsBacktesting

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