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ATR

Q for the community. Is the ATR valuable based against volume?I have to say that one of the most confusing indicators for me is the ATR indicator. it has the tolerance to move up or down which will tell you that you are gaining volatility or losing volatility. when you are gaining volatility above a certain amount on an asset is when it's a good time to trade. but there's nothing that tells us exactly when is that certain amount. also the gain above that unspecified amount changes between different assets and pairs that you trade. another thing that discerns me from using the ATR Is that it's movement is related to price movement. well unfortunately we know that in the markets price can be manipulated which manipulates momentum. but the one thing it cannot be manipulated is volume. so in today's video I'm asking a question to the community which is what happens for you guys as a benefit when the ATR is based against volume and calculated against the movement of volume. also in today's video I show you guys how I have figured out a way for the ATR to tell you that you are just broken above the average volatility or just broken below the average volatility. just because you are above average volatility doesn't mean you are still in a good trading area. just because you've broken above average volatility doesn't mean you can enter into a trade immediately. you also and always need extra confluences so with that being said I added this break of the average to the upside or downside into the bull bear power void and I created a method for the oscillator to spit out a simple pair of colors which you can change on your own that tell you you have just entered above average or below average volatility and as such you can start looking for your move or your exit. so my question to the community is how relevant is volatility against volume in your indicators and trading strategies. also I'd like this to have a better layout or way of signifying you that you have broken above or below average volatility. leave your ideas in the comments below.
U
by CoffeeshopCrypto
7
ASIA UJ 618 LIMIT ATRLast call for UJ shorts going once, going twice... Playbook Setup: 618 Sell Limit Active Probability of Success: 50% Last entry for Asia session and it lines up with our bias from prior playbook setups (although we try to treat each and every opportunity independent of other ones). KEY POINTS - Maximum risk exposure met(3R) for ASIA so we will set SL and TP orders and check back in during London. - Be aware as a trader and risk manager that this is a game of probabilities and there is a very real probability that when we check back in during London, we may be down 3R if all trades go to shiiiiish... In this instance, the worst-case scenario is accepted (psychologically) so therefore we have entered the last position of the night and will be clocking out as soon as this idea is posted Our job here is done, the rest is on the market. May the odds be ever in your favor
Short
by USA_Capital_Funds
LONDON UJ LONG 618 LIMIT ATRAfter dropping more than 100 pips in such a short time, USDJPY is destined to fall to its death right?.. well, not exactly.. HIGHER TIMEFRAME ANALYSIS SUGGEST THE BREAK OF A DOWNTREND WITH PRICE FALLING SHARPLY TO THE 618 RETRACEMENT LEVEL OF THE HUGE IMPULSE MOVE MADE LAST WEEK. I KNOW, I KNOW.. BASED ON LAST SETUP, WE ARE SUPPOSED TO BE DONE FOR THE NIGHT, AND POSSIBLY FOR THE WEEK. HOWEVER, USDJPY HAS MADE AN OFFER WE JUST CANNOT REFUSE AND BECAUSE OF THAT, HAVE DECIDED TO ACT QUICKLY AND TAKE ONE OF OUR PLAYBOOK SETUPS USING OUR PROPRIETARY ATR FOR SL PLACEMENT ( in this case 30 PIPS). Even if we are wrong, our prior gains allow us to spend 1R to be part of this potential opportunity to at least double our risk. now we wait, and see probability in action, in real time... PROBABILITY for success: 50%
Long
by USA_Capital_Funds
1
Is IT stocks ready to lead the NIFTY?HCL TECH : CMP 1134 SUPPORT : 1010-1030 TGT : 1215/1305 IT index is going to support the NIFTY as most IT stocks is showing similar trends, Our pick is in this segment is HCLTech CMP 1134 has good support at 1010-1030 which is 50% retracement of recent high 1149 and about to breach the high and is heading towards 52wk high 1215 and if we consider Ellliotwave then it is continuation of wave 3 which will take it to 1305 which is our final TGT.
NSE:HCLTECHLong
by brainmassfinance
Strategy Coding E01: Adding a custom Trailing-StopIn my experience there are phases to creating a strategy. In this episode we will cover one of the most important steps: establishing an exit strategy. Exiting a position is crucial to risk management. If your entries are terrible but you have a good exit strategy, you might get by and not lose a lot of your capital. And vice-versa, if your entries are great, but your exit strategy is terrible, you my not make any profit. Concepts we will cover in this episode: Integrating an indicator value as a trailing stop. Lowering the trailing stop sensitivity by using the Average True Range (ATR). Customizing the ATR value. Brief introduction to 'modules'.
AMEX:SPYEducation
by Electrified
13