27 lines
962 B
Markdown
27 lines
962 B
Markdown
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# ATR Regime Indicator
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## Overview
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This indicator calculates the percent rank (or percentile) of the daily ATR value over the specified number of days.
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It can be used to assign trading days to different regimes.
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For example, you can assign regimes based on the ATR quartile (i.e., 0-25%, 25-50%, 50-75%, 75-100%).
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Then you could decide whether or not to trade that day or dynamically configure strategy settings according to the regime.
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## Parameters
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**ATR Period**: The period to use in the ATR calculation. (Default: 5)
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**Rank Period**: The period to use in the percent rank calculation. (Default: 252, roughly the number of trading days in a year)
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**Days to Load**: The number of days to load in order to perform the calculation. (Default: 504, Rank Period * 2)
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Days to Load is intended to facilitate loading additional data for the purpose of backtesting.
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