Volatility Backtest — Strategy by HPotter
By HPotter
Performance Metrics
- Author: HPotter
- Symbol: CME_MINI:ES1!
- Timeframe: 30 minutes
- Net P&L: +21,637.50 USD (+21.60%)
- Win Rate: 50.2%
- Profit Factor: 1.142
- Max Drawdown: 12,450.00 USD (9.43%)
- Total Trades: 815
- Sharpe Ratio: 0.283
Description
The Volatility function measures the market volatility by plotting a smoothed average of the True Range. It returns an average of the TrueRange over a specific number of bars, giving higher weight to the TrueRange of the most recent bar. You can change long to short in the Input Settings WARNING: - For purpose educate only - This script to change bars colors.