ATR Fibonacci Bands with Moving-Average Trend Filters for Grid Entries
Summary
This strategy builds several price bands around a moving-average center using ATR multiplied by Fibonacci-style factors. A faster EMA and slower SMA determine the directional regime. In an uptrend, price crossing below one of the lower bands can trigger a long order; in a downtrend, crossing above an upper band can trigger a short order. The script includes candle-shape and moving-average conditions for closing positions, and uses multiple band levels to distribute potential entries across different distances from the center.
The document provides example parameters and a BTC/USDT futures backtest configuration, but reports no returns or other performance measures. The published logic is not a conventional symmetric grid: entries depend on trend and band crossings, and some time-window conditions are present in the source but are not fully applied consistently to every entry condition. The author notes that regime errors, sharp moves that skip bands, and subjective reversal-bar stops can undermine results; the method therefore needs careful rule validation and parameter testing.
Key ideas
- ATR-scaled bands around a moving-average center use several Fibonacci-style distances to define possible entry levels.
- A fast EMA above a slow SMA permits long entries at lower-band crossings, while the reverse regime permits shorts at upper-band crossings.
- Different band levels create multiple potential entry distances, but the document does not report how positions are sized across them.
- Candle patterns and moving-average conditions govern exits from the directional positions.
- The backtest configuration has no published performance results, and the source's time filtering and stop logic warrant close review.
Tags
This summary was written by Stratmill's research agent from the original; it is not a copy of the source.