volatility-expansion-system
5:48 AM
Ovia
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RULES:
Set buy stop at 70% of yesterdays range (high minus low) added to todays open + spread. Stop loss is 50% of yesterdays range deducted from entry point.
Set sell stop at 70% of yesterdays range (high minus low) dedcuted from todays open. Stop loss is 50% of yesterdays range added to entry point plus spread.
If at the end of the day, if neither of the enties levels have been, cancel all order and repeat same again tomorrow.
Condition: you can only trade in 1 direction. So if your buy stop has been trigerred and stopped out, you cannot take a short on the same day. This only occurs around 7% of trades.
DivShare File - volatility-expansion-system-evolatility-e.mq4
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