Author of the idea — Sergey, author of the MQL5 code — barabashkakvn.
The 20PRExp-3 Expert Advisor is based on the intraday volatility breakthrough system. It additionally uses volume filters and the Parabolic SAR indicator. Exit strategy: using a trailing stop.
Recommended period: M5.
The Expert Advisor draws and moves horizontal lines at the following levels:
- "MLP" — at the High price of the bar with the "0" index on the PERIOD_D1 timeframe.
- "MLM" — at the Low price of the bar with the "0" index on the PERIOD_D1 timeframe.
- "MidL" — at the average price ("MLP"+"MLM")/2.
Testing on EURUSD, M5 from 2016.06.01 to 2017.03.14: