Trading Rules Post 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 Removed 1 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 2 3 Take Profits: Quantify is split 50/25/25.
Stratgey Inputs
Baseline Length 37 Post Baseline Cross Qualifier Enabled On Post Baseline Cross Qualifier Bars Ago 9 ATR Length 9 Volatility Multiplier 0 Volatility Range Multiplier 10 Volatility Qualifier Multiplier 2 Take Profit Type 1 Take Profit HMA Length 11