VLT_TRADER - MetaTrader 5 Expert - MQL5 #18455 - MT4/MT5 Resources
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 minimum candlestick on a certain number of bars.
Entry signal generation rules
- When a new candlestick appears, " Count Candles " starts counting from the last bar and determines the minimum candlestick size (high - low).
- If the first bar is the smallest, then the following order is placed:
Before the pending BuyStop order is placed, the old BuyStop order will be deleted. The same goes for SellStop orders.
Attachment download
📎 vlt_trader.mq5 (18.84 KB)
Source: MQL5 #18455
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