Baseline Cross Qualifier Volatility Strategy with HMA Trend Bias by sevencampbell
By sevencampbell
Performance Metrics
- Author: sevencampbell
- Symbol: CME_MINI:NQ1!
- Timeframe: 5 minutes
- Net P&L: +10,315.00 USD (+1.03%)
- Win Rate: 36.3%
- Profit Factor: 1.071
- Max Drawdown: 15,705.00 USD (1.53%)
- Total Trades: 545
- Sharpe Ratio: 0.129
Description
Feb 20, 2023For trading ES on 30min Chart Trading RulesPost Baseline Cross Qualifier (PBCQ): If price crosses the baseline but the trade is invalid due to additional qualifiers, then the strategy doesn't enter a trade on that candle. This setting allows you override this disqualification in the following manner: If price crosses XX bars ago and is now qualified by other qualifiers, then the strategy enters a trade.Volatility: If price crosses the baseline, we check to see how far it has moved in terms of multiples of volatility denoted in price (ATR x multiple). If price has moved by at least "Qualifier multiplier" and less than "Range Multiplier", then the strategy enters a trade. This range is shown on the chart with yellow area that tracks price above/blow the baseline. Also, see the dots at the top of the chart. If the dots are green, then price passes the volatility test for a long. If the dots are red, then price passes the volatility test for a short.Take Profit/Stoploss Quantity Removed1 Take Profit: 100% of the trade is closed when the profit target or stoploss is reached.2 Take Profits: Quantity is split 50/50 between Take Profit 1 and Take Profit 23 Take Profits: Quantify is split 50/25/25.Stratgey InputsBaseline Length37Post Baseline Cross Qualifier EnabledOnPost Baseline Cross Qualifier Bars Ago9ATR Length9Volatility Multiplier0Volatility Range Multiplier10Volatility Qualifier Multiplier2Take Profit Type1 Take ProfitHMA Length11Apr 15, 2024Release NotesNew Version ComingApr 15, 2024Release NotesBaseline crossover