DislikedThe latest attempt at volatility measurement is in post 1.
The function works like this:
[list][*]uses the chart tf[*]constructs an average pips movement over each candle by:
- adding the difference between the high and low of each candle over the previous LookBackPeriods candles
- dividing the result of the calculation by LookBackPeriods
[*]places the pair in volatility bands outlined by the TxUpperLimit variables i.e.[list][*]< T1UpperLimit: trade trigger is T1[*]>= T1UpperLimit and < T2UpperLimit: trade trigger is T2[*]>=...
Ignored
whip