Daily Trend Warning
When enabled, this control checks whether the 18-period daily EMA is above or below the 40-period daily EMA. Despite the Daily Trend Warning label, it blocks operations against the daily trend.
If the 18-period daily EMA is above the 40-period daily EMA, a short trade is blocked.
If the 18-period daily EMA is below the 40-period daily EMA, a long trade is blocked.
Insufficient daily data leaves the check Pending/Warning and does not authorize submission. Missing data is not a confirmed violation and does not latch the circuit breaker. A confirmed counter-trend violation latches it only when an operation is attempted and the breaker is enabled. Editing the setup or viewing the trend check does not latch it.
Purpose
Section titled “Purpose”The purpose of this risk control is to incorporate a simple, standardized heuristic rule that approximates the average price trend. It is intended for traders who operate based on daily price data or intraday price action, using a straightforward and consistent approach.
Scope and limitations
Section titled “Scope and limitations”This element does not predict price direction. It only reflects the general trend context.
It is not related to the distribution of daily or intraday session directions. It enforces alignment with the daily EMA relationship while enabled; disable the rule to skip this check.