Range Filter + ATR Strategy (Low Drawdown) by TOLLBOOTH
By TOLLBOOTH
Performance Metrics
- Author: TOLLBOOTH
- Symbol: CME_MINI:NQ1!
- Timeframe: 5 minutes
- Net P&L: +89,295.00 USD (+8.93%)
- Win Rate: 88.2%
- Profit Factor: 3.169
- Max Drawdown: 19,390.00 USD (1.91%)
- Total Trades: 280
- Sharpe Ratio: 0.425
Description
May 24Key Features for Low Drawdown:Range Filter: Identifies trends while filtering out market noiseATR-based Position Sizing: Adjusts position size based on volatility to risk a fixed percentage of capitalTrailing Stops: Uses ATR-based trailing stops to lock in profits and limit lossesConservative Risk Parameters: Defaults to 1% risk per trade (adjustable)Trend Confirmation: Requires two consecutive closes above/below the range filterHow to Use:The strategy enters long when price is above the upper range filter for two consecutive barsEnters short when price is below the lower range filter for two consecutive barsUses ATR to size positions appropriately for current volatilityImplements trailing stops based on ATR to protect profitsOptimization Tips:Adjust the Range Filter period based on your timeframeModify the risk percentage (1% is conservative)Tweak the ATR multiple for trailing stops (1.5 is moderate)Consider adding a time-based exit if drawdown is still too highJun 2Release NotesUpdated