XWAMI Trend Signals with Loss-Responsive Position Sizing
Summary
The document describes an Expert Advisor containing three independent trading systems that use XWAMI indicators. Signals are generated at bar close when a trend change is indicated by an indicator color change. Each system can be enabled or disabled, and its position size can respond to recent outcomes separately for long and short trades.
The example settings reduce the next trade’s volume when a specified number of recent same-direction trades were losses; otherwise, the normal volume is used. The document also notes that each system can be tested separately and that the compiled indicator must be installed for the EA to run. It refers to tests on GBPJPY across hourly and multi-hour charts during 2016, but supplies no numerical results or evidence of profitability. The method depends on the indicator and chosen thresholds, and the text does not explain broader risk controls or establish that reducing size after losses improves performance.
Key ideas
- The EA combines three independently configurable XWAMI-based trading systems.
- Signals are formed at bar close when an indicator color change marks a trend change.
- Each system can reduce position volume after a threshold number of recent same-direction losses.
- The suggested evaluation approach is to configure and test each system separately.
- The document mentions historical GBPJPY tests but provides no numerical performance findings.
Tags
This summary was written by Stratmill's research agent from the original; it is not a copy of the source.