</> Codebase - adaptive

These custom blocks, or conditions, were used in the analysis of the effectiveness of more adaptive blocks, which you can read here. Additionally, these custom blocks can serve as a template for you to prepare your own.

The IsGreater Is/Lower Adaptive comparison block does one main thing: it checks if one indicator is greater than another, but only generates a signal if similar situations were profitable in the past.

Adaptive blocks “Crosses Above/Below Adaptive” bring a new level of intelligence to trading strategies by incorporating historical signal performance. Unlike standard blocks that only detect when one indicator crosses another, adaptive blocks analyze how similar signals performed in the past to estimate the reliability of the current signal.

Currently implemented for MT4. Some uses for ER: - A qualifier for a trend following trade; a trend is considered "persistent" only when RE is above a certain value, e.g. 0.3 or 0.4 . - A filter to screen out choppy stocks/markets, where breakouts are frequently "fakeouts". - In an adaptive trading system, helping to determine whether to apply a trend following algorithm or a mean reversion algorithm. - It is used in the calculation of Kaufman's Adaptive Moving Average (KAMA).