OK. I smoothed the ATR over 7 different periods based on the period used in the setup, 3 quarters below the given period and 3 quarters above, plus the original period as follows:
Suppose the user set ATR Period to 20. The system will generate ATR for the periods 5,10,15,20,25,30,35 and take the average. For ATR Period of 60, periods will be 15,30,45,60,75,90,105. and so on.
Results were better and more consistent than previous results without smoothing.
H1 Time Frame
ATR Period _____ Trades _____ Profit _____ Drawdown%
___________________________________ _________________
10 ____________ 72 _________ 723 _______ 18.35%
20 ____________ 52 _________ 599 _______ 16.64%
30 ____________ 43 _________ 1,745 _____ 15.78%
40 ____________ 53 _________ 3,672 _____ 11.82%
50 ____________ 43 _________ 3,961 _____ 14.71%
60 ____________ 48 _________ 3,711 _____ 13.97%
70 ____________ 47 _________ 2,592 _____ 16.44%
80 ____________ 40 _________ 2,472 _____ 16.74%
90 ____________ 44 _________ 3,586 _____ 16.69%
100 ___________ 39 _________ 3,472 _____ 17.01%
H4 Time Frame
ATR Period _____ Trades _____ Profit _____ Drawdown%
___________________________________ _________________
10 ____________ 14 ___________ 3,979 _____ 14.74%
20 ____________ 10 ___________ 3,371 _____ 15.52%
30 ____________ 10 ___________ 3,346 _____ 15.58%
40 ____________ 13 ___________ 2,188 _____ 15.35%
50 ____________ 9 ____________ 3,100 _____ 18.64%
60 ____________ 9 ____________ 3,050 _____ 18.52%
70 ____________ 10 ___________ 3,375 _____ 16.07%
80 ____________ 10 ___________ 3,397 _____ 15.95%
90 ____________ 8 ____________ 2,306 _____ 15.36%
100 ___________ 10 ___________ 3,403 _____ 16.14%
As before starting balance is 10,000 and period Jan 1,2014 to Mar 1,2014.
Suppose the user set ATR Period to 20. The system will generate ATR for the periods 5,10,15,20,25,30,35 and take the average. For ATR Period of 60, periods will be 15,30,45,60,75,90,105. and so on.
Results were better and more consistent than previous results without smoothing.
H1 Time Frame
ATR Period _____ Trades _____ Profit _____ Drawdown%
___________________________________ _________________
10 ____________ 72 _________ 723 _______ 18.35%
20 ____________ 52 _________ 599 _______ 16.64%
30 ____________ 43 _________ 1,745 _____ 15.78%
40 ____________ 53 _________ 3,672 _____ 11.82%
50 ____________ 43 _________ 3,961 _____ 14.71%
60 ____________ 48 _________ 3,711 _____ 13.97%
70 ____________ 47 _________ 2,592 _____ 16.44%
80 ____________ 40 _________ 2,472 _____ 16.74%
90 ____________ 44 _________ 3,586 _____ 16.69%
100 ___________ 39 _________ 3,472 _____ 17.01%
H4 Time Frame
ATR Period _____ Trades _____ Profit _____ Drawdown%
___________________________________ _________________
10 ____________ 14 ___________ 3,979 _____ 14.74%
20 ____________ 10 ___________ 3,371 _____ 15.52%
30 ____________ 10 ___________ 3,346 _____ 15.58%
40 ____________ 13 ___________ 2,188 _____ 15.35%
50 ____________ 9 ____________ 3,100 _____ 18.64%
60 ____________ 9 ____________ 3,050 _____ 18.52%
70 ____________ 10 ___________ 3,375 _____ 16.07%
80 ____________ 10 ___________ 3,397 _____ 15.95%
90 ____________ 8 ____________ 2,306 _____ 15.36%
100 ___________ 10 ___________ 3,403 _____ 16.14%
As before starting balance is 10,000 and period Jan 1,2014 to Mar 1,2014.
No guts, no glory