Hilo-ATR Volatility Expansion Strategy

Family: trend_following · Regime: trending · Complexity: high · Asset classes: Equities, High-Volume FX Pairs, Crypto Major Indices · Timeframes: M15, H1

Thesis

Market momentum is most tradeable when three conditions align: long-term structural breakout (Sherif Hilo), medium-term volatility support (Chandelier), and short-term session expansion (Opening Range). By entering only when price is within a 'Grid' of moving averages, we capture the meat of the trend while using dynamic standard deviation bands for risk management.

Components

• Sherif Hilo (regime) — Acts as the primary regime filter to ensure trades are only taken in the direction of the long-term trend (Lookback 100).
• Chandelier Exit (direction) — Confirms intermediate-term directional momentum by ensuring price is on the correct side of volatility-adjusted extremes.
• UT Bot Alerts (MQL5) (entry) — Provides the high-sensitivity execution trigger when short-term momentum aligns with the larger structural trend.
• MACD (exit) — Detects exhaustion in momentum; used to exit positions before a full trend reversal occurs.
• Grid Bot [Grid range plugin] Two Moving Avarages [psyll] (risk) — Defines the 'in-play' zone; trades are only valid within the dynamic bands, and bands determine the risk-defined stop loss.
• Trepidity Opening Range with Extensions (volatility_filter) — Filters out low-volatility sessions by requiring price to be outside the initial balance or at specific extensions to ensure sufficient expansion potential.

Known failure conditions

• Consecutive losses during high-volatility broadening formations (expanding triangles).
• Price oscillating around the Sherif Hilo pivot for more than 5 bars, indicating a regime shift to range-bound.
• Failure of price to reach the first extension of the Opening Range within the first 2 hours of trading.

Explore the full interactive blueprint with parameter ranges and evidence on WOBR StrategyVerse, or generate this strategy as an MT4/MT5 Expert Advisor with QuantMogul AI Engine (free download).