Inside Bar Breakout: handel ut av kompresjon

// ============================================================
// Inside Bar Breakout
// ProRealAlgos Strategy Library  |  prorealalgos.com
// Type: Breakout
// Direction: Long & short
// Timeframe tested: 15 minutes
// ============================================================

// --- Settings ---
DEFPARAM CumulateOrders = false

// --- Parameters ---
positionSize = 1          // contracts per trade
channelPeriod = 5         // exit channel length
stopLossPct = 1           // protective stop, percent of entry price

// --- Indicators ---
// Previous bar sits fully inside the bar before it
insideBar = high[1] < high[2] AND low[1] > low[2]
// Exit channel as of the previous bar, so the current bar cannot move it
channelHigh = Highest[channelPeriod](high)[1]
channelLow = Lowest[channelPeriod](low)[1]