Time-based candles print a new bar every hour whether the market moved or not — most of what you see is noise. BrickFlow Rider repacks H1 closes into equal-height Renko bricks sized at 0.8 × ATR(14), so a new brick only appears when price travels a meaningful, volatility-adjusted distance. Small wiggles simply never make it onto the chart. A trend continues brick by brick in one color; a genuine reversal must traverse two full bricks before the color flips — a natural, parameter-light noise filter.
To avoid trading every flip in a chop, a TRIX(15) triple-smoothed momentum line acts as referee: its slope must agree with the new brick color before any trade is taken.
| Parameter | Default | Meaning |
|---|---|---|
| BrickATRMult | 0.8 | Brick height as a multiple of ATR(14), refreshed daily |
| ATRPeriod | 14 | ATR period (H1) for brick sizing and stops |
| TrixPeriod | 15 | TRIX triple-EMA period |
| SL_ATRMult / TP_ATRMult | 2.0 / 3.0 | Stop and target distances in ATR multiples |
| ExitOnFlip | true | Close position on opposite brick flip |
| RiskPercent | 1.0 | Account risk per trade (%) |
| MaxTradesPerDay | 10 | Daily entry cap, resets each day |
| MagicNumber | 202621 | Order tag — the EA only manages its own trades |
Defaults are tuned so H1 signals average at least one per day on liquid instruments.