If you outfit everything with ATR, nothing works at all

Good morning, this is Naoto. Since it’s Sunday morning, I’ll keep it light.

This is about when I was making an indicator to find chart shapes.

The width of the zones, the stop-loss distance, and the take-profit distance—everything was determined by ATR.

If you divide by ATR, the same numbers can be used as-is for 5-minute charts, daily charts, gold, or USD/JPY. From the creator’s perspective, it’s incredibly easy.

And when I tested that on past data, not a single condition worked.

The scores, the stop-loss, the take-profit—all of them.