Download MetaTrader 5

Watch how to download trading robots for free

Interesting script?
So post a link to it -
let others appraise it

You liked the script? Try it in the MetaTrader 5 terminal

Experts

VLT_TRADER - expert for MetaTrader 5

| English Русский 中文 Español Deutsch 日本語 Português

Published by:
Vladimir Karputov
Views:
684
Rating:
votes: 21
Published:
2017.08.10 10:58
VLT_TRADER.mq5 (22.96 KB)view

Author of the ideaYuri.

MQL5 code authorVladimir 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:

  • a pending BuyStop order: Bar 1 High price + 10 points
  • a pending SellStop order: Bar 1 Low price + 10 points

Before placing a pending BuyStop order, older BuyStop orders are deleted. The same is done for SellStop orders.

VLT_TRADER

Translated from Russian by MetaQuotes Software Corp.
Original code: https://www.mql5.com/ru/code/18455

DeltaForce_HTF DeltaForce_HTF

The DeltaForce indicator with the timeframe selection option available in the indicator input parameters.

OscSAR_Histogram_HTF OscSAR_Histogram_HTF

The OscSAR_Histogram indicator with the timeframe selection option available in the indicator input parameters.

XROC2_VG XROC2_VG

Plotting ROC indicators of two arbitrary same types (including Momentum) and periods in a single window.

Pentuple Exponential Moving Average Pentuple Exponential Moving Average

A moving average with the five-fold EMA averaging, with a real period and the possibility to shift the indicator horizontally or vertically.