Yet another ATR Volatility based Long only Trading System. ATR Volatility system a mechanical strategy for higher time-frames Written by Tudor Marcelin – Art Invest. Just modified the actual trading system to support trailing stoploss based rather than channel based trading system and added back testing functionality. Tighter trailing stoploss and quicker exit and adaptive revising of trailing stoploss is the one key feature in this trading system especially when trading with higher timeframes.
1)The green line indicates trailing stop for longs
2)The Red line indicates trailing stop for shorts
3)The Green Arrow indicates longs
4)The Red Arrow indicates shorts
1)Trailing Stoploss based trading system
2)Buy/Sell Signal Added
3)Magnified Market Price at the right top corner
4)Backtesting futures added.
Preferably higher timeframes like 30min,hourly.etc. Perfectly suits for positional traders who intersted in Long and Exit strategies. And moreover it is a carryforward strategy and not a intra-day strategy though. But work pretty good in high volatile environment.
Backtest Results for Nifty Spot Since March 2009 to July 2014
Download Backtest report for ATR Volatility Long Only System. Backtesting done for 2 lots of Nifty with 100/leg brokerage included
Steps to Install
1)Download ATR Volatility System
2)Unzip ATR Volatility System.zip to local folder
3)Copy ATR Volatility System.afl file to \\program files\\amibroker\\formula\\basic folder
5)Open Amibroker and Open a New Blank Chart
6)Goto Charts->Basic Charts and apply/drag-and-drop the ATR Volatility System code into the blank chart
7)Bingo you are done. Now you will be able to see the ATR Volatility System indicator with Buy and Sell signals.
Amibroker 5.5 and above