Investing & Trading

ATR High SMA Breakouts Filter Study

By Samantha Baltodano


TL;DR:

The ATR High SMA Breakouts Filter is a tool used in trading stocks that helps you make smart investment decisions. 


It looks at a few different factors to determine if a stock is a good investment opportunity, such as the stock's price, 90-day range, and daily trading volume. All of these factors can be customized by the user. 


By using the ATR High SMA Breakouts Filter study as a filter, you can quickly and easily narrow down your options for potential investments. 


You can back test this strategy on historical data for any of your favorite symbols using TradingView.


What Is The ATR High SMA Breakouts Filter Study?

The ATR High SMA Breakouts Filter is a tool used in trading stocks that can help you make smart investment decisions. 


This study is part of a larger trading system created by Ken Calhoun. Being the first step in the system, it recognizes symbols consistent with application of the corresponding ATR High SMA Breakouts LE strategy (coming soon).


The ATR High SMA Breakouts Filter study is designed to be used for stocks that have a daily aggregation period, meaning they are analyzed over the course of one day. The study looks at a few different factors to determine if a stock is a good investment opportunity.


One of the factors the study looks at is the price of the stock. By default, the study is set to recognize stocks priced between $15 and $70. It also takes into account the stock's 90-day range, which is the difference between the highest and lowest price the stock has been in the past 90 days. The study requires a 90-day range of at least $5 to consider a stock as a potential investment opportunity.


Another important factor the study considers is the stock's daily trading volume. The study requires a minimum daily trading volume of 1,000,000 to consider a stock for investment.


It's important to note that all of these factors can be customized by the user. If you have different criteria for the types of stocks you're interested in investing in, you can adjust these parameters to fit your needs.


By using the ATR High SMA Breakouts Filter study as a filter, you can quickly and easily narrow down your options for potential investments. This can save you a lot of time and effort when it comes to researching stocks.


Test The ATR High SMA Breakouts Filter Study

Great news! 


You can back test this exact strategy on historical data for any of your favorite symbols using TradingView. 


This strategy has already been built and all you have to do is log in and take it for a spin. You can access this indicator here.


If you’re new to back testing and to TradingView, don’t worry. I created a step-by-step guide you can follow to begin testing the ATR High SMA Breakouts Filter Study.


Summary

  • The ATR High SMA Breakouts Filter study is a useful tool for traders looking to invest in stocks with a daily aggregation period. 
  • By taking into account the stock's price, 90-day range, and daily trading volume, the study can help you quickly identify potential investment opportunities. 
  • And with customizable input parameters, you can adjust the study to fit your specific needs.


ATR High SMA Breakouts Filter is just one of many studies that Archaide automates. For a full list of strategies and studies available click here.


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