Overview
The chart is a noisy sky full of flickers. A sextant does not react to every cloud — it takes one steady reading and fixes your true position. SextantFix works the same way: it reads a composite momentum line for the true heading, then asks one blunt question before it commits — is this an actual directional move, or just random wandering?
The Two Instruments
Know Sure Thing (KST)
Instead of a single momentum reading, KST takes the rate-of-change over four lookbacks (4·7·10·15), smooths each, and blends them with weights 1·2·3·4 into one steady line, plus a signal line (SMA 5). A cross up over the signal line opens an up window; a cross down opens a down window.
Random Walk Index (RWI)
For several short horizons (up to 5) it compares how far price actually traveled against how far pure randomness would drift (ATR·√n), and takes the strongest reading. A value near or above 0.8 in the traded direction means the move is stronger than random — a genuine trend, not noise.
Signal Reading
Execution Flow
Entry / Exit Rules
| Window | Trigger | Confirmation | Action |
|---|---|---|---|
| Up | KST crosses up over its signal line | RWI up-strength ≥ 0.8 | Enter long at Ask |
| Down | KST crosses down under its signal line | RWI down-strength ≥ 0.8 | Enter short at Bid |
Stop = 1.5 × ATR from entry · Target = 1.6 × stop distance (R:R 1.6) · risk 1% of account per window · one window at a time · max 10 windows per day.
Parameters (defaults)
- KST: ROC lookbacks 4 · 7 · 10 · 15 · smoothing 4 · 4 · 4 · 6 · weights 1·2·3·4 · signal SMA 5
- RWI: max horizon 5 · strength threshold 0.8
- ATR: period 14 · Stop 1.5 × ATR · R:R 1.6
- Controls: max 10 trades/day · Magic 20390817 · watchdog after 3 quiet days · Timeframe H1