Author of the idea: Yuri.
MQL5 code author: Vladimir Karputov.
The trading system is based on volatility compression. An entry signal is generated when the market forms a smallest candlestick over a certain number of bars.
Entry Signal Generation Rules
- When a new candlestick emerges, "Count candles" bars are counted starting with the last one, and the lowest candlestick size (High - Low) is determined.
- If the first bar is the smallest one, the following orders are placed:
Before placing a pending BuyStop order, older BuyStop orders are deleted. The same is done for SellStop orders.
Translated from Russian by MetaQuotes Software Corp.
Original code: https://www.mql5.com/ru/code/18455
The DeltaForce indicator with the timeframe selection option available in the indicator input parameters.OscSAR_Histogram_HTF
The OscSAR_Histogram indicator with the timeframe selection option available in the indicator input parameters.