The cover function currently is pretty clear, a D print (1.5 hr volatility on the decline).

Now, why was the “?” a sell?

The volatility check zone of 24-32 pips in a senior trend requires the market to show strength. All buy-side volatility expansions (10-sample) are suspect My chosen proxy would be lows above the 8 EMO. Less than 3 consec. is a no-go.

the plot at the start

 if (ExtATRBuffer2[i]>24 && ExtATRBuffer2[i]<32 && ExtATRBuffer2[i+1]<28 && ExtATRBuffer2[i+2]<28){
    if ((Low[i]>iMA(symbol,0,8,0,MODE_EMA,PRICE_OPEN,i) && Low[i+1]>iMA(symbol,0,8,0,MODE_EMA,PRICE_OPEN,i+1) && Low[i+2]>iMA(symbol,0,8,0,MODE_EMA,PRICE_OPEN,i+2)  && Close[i+3]>iMA(symbol,0,8,0,MODE_EMA,PRICE_OPEN,i+3))
    || (Close[i]>iMA(symbol,0,8,0,MODE_EMA,PRICE_OPEN,i)+80*Point && Close[i+1]<iMA(symbol,0,8,0,MODE_EMA,PRICE_OPEN,i+1)+40*Point && Close[i+1]>iMA(symbol,0,8,0,MODE_EMA,PRICE_OPEN,i+1))
  
    )
    { if (High[i+2]<iBands(symbol,0,240,2,0,PRICE_MEDIAN,MODE_UPPER,i+2))
      ObjectCreate("HOTS"+i,OBJ_TEXT, 2, Time[i],ExtATRBuffer2[i]+30);
      ObjectSetText("HOTS"+i,CharToStr(241), 56, "Wingdings", clrGreen);
    }
    else if ((Close[i]>iMA(symbol,0,8,0,MODE_EMA,PRICE_OPEN,i) || Close[i+1]>iMA(symbol,0,8,0,MODE_EMA,PRICE_OPEN,i+1)) &&    
    High[i+2]<iBands(symbol,0,240,2,0,PRICE_MEDIAN,MODE_MAIN,i+2) && Low[i+2]>iBands(symbol,0,240,2,0,PRICE_MEDIAN,MODE_LOWER,i+2)){
    ObjectCreate("HOTS"+i,OBJ_TEXT, 2, Time[i],ExtATRBuffer2[i]+30);
    ObjectSetText("HOTS"+i,CharToStr(242), 56, "Wingdings", clrCrimson);
    }
 }