Three basic code in English for each

[agsty]

Hi all,

Can someone explain what these three pieces of code mean. Just need understanding. E.G. Think 2nd one means price must be greater than 1?

1/ATR(50) 

C > 1// think this is just close price greater than 1

(multiple * 1/ATR(50) + (multiple * 1/C)

[Tomasz]

You should provide whole formula not some pieces because as in normal text, the exact meaning depends on context. Please follow this advice: How to ask a good question

Yes
Close > 1
means check if close is greater than one, but without context it doesn't mean much.

The context is required.

[agsty]

This is what I posted in a forum

Doing my own US Weekend system hoping for some advice on ranking 20 positions to avoid selection bias. Returns are not bad but ideally I want to bump Mar up to 0.8. Not sure how much the ranking can improve Mar and Drawdown though. Below is the results when doing the 1/Close as this has been the most profitable choice thus far.

1/Close; Return 18.10% (I like) Drawdown 36.10% (Not good) Mar 0.5. Dates to achieve these results 01.01.2000 - 08.08.2022
The stats not as good neglecting the start of the 21st century. 01.01.2012 - 08.08.2022 14.45%. Drawdown 30.93%

Other ways the system has been ranked.
1/Open;
1000 + (ATR(100)/C);
HHV(C,50)/C;
ROC(C,100);

Advice on ranking to have a nice weekend trend system or anything else relevant will be appreciated.

Then someone replied saying the below.

I'm ranking with 1/ATR(50) on a universe of RUA and price filter of C > 1

Actually I am using a combination of 1/ATR(50) and 1/C.... I have an MAR of 0.66

(multiple * 1/ATR(50) + (multiple * 1/C)

Honestly I'm not sure that too much higher in MAR is robustly achievable...

Edit....I just found an error in my code

I have a MAR of 0.86 so it is possible...give that combination a go and see how it works for you.

[agsty]

Does that make sense?