Anti- Equal prices ATR — Strategy by eliceaga
By eliceaga
Performance Metrics
- Author: eliceaga
- Symbol: CME_MINI:NQ1!
- Timeframe: 1 minute
- Net P&L: +12,350.00 USD (+1.23%)
- Win Rate: 42.9%
- Profit Factor: 1.182
- Max Drawdown: 7,175.00 USD (0.72%)
- Total Trades: 231
Description
This strategy identifies equal highs and equal lows - horizontal price levels where multiple swing points cluster within a defined tolerance. These levels represent liquidity pools where stop losses accumulate, making them prime areas for reversals.How It WorksEqual Highs Detection:Scans the lookback period for the highest highCounts how many bars have highs within the tolerance of that levelIf 2+ touches exist, an "equal highs" zone is confirmedEqual Lows Detection:Scans the lookback period for the lowest lowCounts how many bars have lows within the tolerance of that levelIf 2+ touches exist, an "equal lows" zone is confirmedEntry Logic:Short Entry: When equal highs exist AND current bar touches/reaches that levelLong Entry: When equal lows exist AND current bar touches/reaches that levelExit Logic (ATR-Based):Stop Loss: ATR × Stop Multiplier (default 1.5)Take Profit: ATR × Target Multiplier (default 2.5)SettingsParameter Default DescriptionLookback Bars 30 Period to scan for equal levelsTolerance 5.0 Points within which highs/lows are considered "equal"ATR Length 14 ATR calculation periodATR Stop Mult 1.5 Stop distance = ATR × this valueATR Target Mult 2.5 Target distance = ATR × this valueSession 0830-1500 Trading hours filterBest Used OnNQ, ES, and other index futures1-minute to 15-minute timeframesHigh-volume sessions (US market hours)