# NEOTICKER DATA BEGIN
ScriptType=Indicator
Description=sys_es_mt_vol_01
Name=sys_es_mt_vol_01
Language=Formula
Links=1
MinBars=0
TimerInterval=100
EarlyBinding=0
MetaStyle=Normal
ValueRange=Same as Source
Placement=Smart
Multiplot_num_plots=1
Multiplot_color_0=255
Multiplot_style_0=Line
Multiplot_width_0=1
Multiplot_enabled_0=1
Multiplot_breakstyle_0=0
UpdateByTick=0
FloatMarker=1
DepthData=0
TradingSystemUI=1
PrimaryLinkOnly=1
NotifyOnRemoval=0
Param_count=5
Param_name_0=Profit Target
Param_inuse_0=1
Param_type_0=real
Param_default_0=2.5
Param_name_1=Vol Ratio
Param_inuse_1=1
Param_type_1=real
Param_default_1=1.5
Param_name_2=Daily Vol Filter
Param_inuse_2=1
Param_type_2=string
Param_default_2=Y|N
Param_name_3=Next Timeframe Filter
Param_inuse_3=1
Param_type_3=string
Param_default_3=Y|N
Param_name_4=Next TF Avg Period
Param_inuse_4=1
Param_type_4=integer.gte.0
Param_default_4=20
Explanation_Lines=0
# NEOTICKER DATA END

compressseries (daily, data1, ppDaily, 1);

compressseries (nextTimeframe, data1, ppMin, 30);
makeindicator (nextTimeframeAvg, waverage, nextTimeframe, param5);

$dc := date <> date (1);
bc := if ($dc, 0, bc) + 1; ' bar count

$avb := if ($dc, daily.v (1) / bc (1), $avb); ' avg volume per bar
$bar_dir := if (v > v (1) * param2 and (ParamIs (3, "N") <> 0 or v > $avb * param2), signvalue (c - c(1)), 0);

longatmarket (
  (ParamIs (4, "N") <> 0 or close > nextTimeframeAvg (1)) and $bar_dir > 0,
  defaultordersize, "LE");
longexitlimit (openpositionlong, openpositionaverageentryprice + param1, openpositionabssize, "LX");

shortatmarket (
  (ParamIs (4, "N") <> 0 or close < nextTimeframeAvg (1)) and $bar_dir < 0,
  defaultordersize, "SE");
shortexitlimit (openpositionshort, openpositionaverageentryprice - param1, openpositionabssize, "SX");

plot1 := currentequity;