Average True Range Indicator Strategies & Techniques: When to use it, When NOT to use it, and WHY
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- Опубликовано: 9 июн 2024
- I love the Average True Range (ATR) indicator.
Because unlike other trading indicators that measure momentum, trend direction, overbought levels, and etc.
The ATR indicator is none of it.
Instead, it’s something entirely different.
And if used correctly, the Average True Range is one of the most powerful indicators you’ll come across.
That’s why created this NEW training video to explain the awesomeness of the Average True Range indicator.
Here’s what you’ll learn:
1. What is the Average True Range (ATR) indicator and how does it work
2. How to “hunt” for EXPLOSIVE moves in the market before it occurs using the ATR indicator
3. How to use the ATR indicator and set a proper stop loss so you don’t get stopped out prematurely
4. How to use the ATR indicator and ride BIG trends
5. How to identify “exhaustion” moves and market reversals with the ATR indicator
Sounds good?
Then go watch this video now...
If you want more actionable trading tips and strategies, go to www.tradingwithrayner.com
Thanks for watching!
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Facebook: / forextradingwithrayner
Twitter: / rayner_teo
My RUclips channel: bit.ly/2EFg5VN
I like this video. You don't gloss over the topic like a lot of RUclips videos, you show it in action, and you describe how it works and how to use it.
That "Hey Hey wassup my friends" makes me happy
hey ,if anyone else trying to find out indicator trading range try Franaar Unrevealed Strategies Formula (do a search on google )?
It is a smashing exclusive product for increasing your trading and pips skills minus the hard work. Ive heard some unbelievable things about it and my partner got excellent success with it.
Lyubomir Lalov is it a new one?
Cheers for this, I have been researching "trailing stop loss intraday" for a while now, and I think this has helped. Have you heard people talk about - Seyilliamorn Unflappable Smasher - (should be on google have a look ) ? It is a great exclusive product for discovering how to trade stocks lik a boss minus the hard work. Ive heard some awesome things about it and my work buddy got cool results with it.
IKR?!!! That always tickles me.
Lol
This is gold!!! Thank you so much!!🙏😘 just subscribed after this video!
Loving your videos in combination with your website training. Hoping to learn as much as possible.
Good stuff ..........no waffle, Thank you
Thanks Rayner, great job!
thank you again Rayner... More Power!!!
Learnt amazing thing today. Thank You Rayner.
Thank you My friend for teaching The ATT you are the best
Very good learnings as always thanks❤🙏 Brother
Great content. Thank you.
Great as always!
great teaching
Hey, what settings do you suggest to use for the Chandelier Stop?
damn, this was very informative. thx RAYNER, a true superman
Good explanation buddy:)
Thank You
you are the best, thank you!
You're welcome, Shah rouz!
Thanks Ray!
Great vid! thanks man
Cheers SharkWizard!
What tips would you have for using ATR in daytrading...with more volatile low float stocks
Very good.
You are really genius sir
Very nice ,thanx dear.
Cheers Manjit Singh!
Good lesson on ATR... But I would like to know how do you manage your risk to reward when trading using the ATR...From what I see, The ratio will be affected by trying to give buffer to avoid being stopped out with shakeout.....I always try to have 2R for my target...
Thanks bro
What ATR setting would you use for day-candle trading? 1) How many days average? 2) Calculate by SMA or EMA?
Thank you sir
Good information Sir
you are best bro , no doubt
When setting the stop loss, people often say set it 1atr or 1.5atr or 2atr etc below support/above resistance, when do I know how many multiples I should set my stop loss?
This guy is the best
Excellent video👍👏👏
Thank you, Ashiq. I appreciate it!
Thank you for the information on ATR, it made a lot of sense and confirmed what I had experienced in the past about being stopped out too early.
Hi Rayner. where can we get hold of the chandelier stop indicator?
www.forexmt4indicators.com/chandelier-exit/
Hi Rayner!., how to use ATR before the breakout or before it explode long.
Bollinger bands + MA cross
I like the ATR myself. It is a powerful indicator
Sir about art indicator can it be use in intraday trading?
You are fantabulous...
Hi Rayner, awesome stuff! Please how can one use the ATR, and, get a substantial risk to reward ratio; for example, 1:2. Thanks
It's a good indicator of volatility. So the higher the volatility the more movement on the stock thus giving an opportunity to identify stocks in play
do you do the formula for just regular stop loss or trailing stop loss?
hey rayner I'm slightly confused on how you got the number 5 to multiply by the atr which is x
thanks.
You're the best..
Can we use super trend instead of Chandelier stop if we do not find that indicator under our indicator list with same setting as you described?
Thank u
fast and direct AF! like a bullet
Thank you for your excellent presentation
Hi Rayner Stop Loss below the Break Out candle or Previous candle plz reply
You are great
can you use this technic on shorter timeframes (like 15min en 1hr?) or does this really only apply to weekly timeframes
If you zoom out to the weekly timeframes it can give you a bigger picture view that you might not see on the daily.
can you use this on a 4H time frame?
Great
ATR is the best indicator to create stop lost
When you say range of the candles, are you referring to the size of each candle?
I couldn't see chandelier stop indicator in tradeview platform. Is there any other name for this indicator?
hi rayner what platform are u using?
Amazing content!
Question: If the ATR is 25.018, how would you read this? Would it be 2501 or 25?
What's the tool that bring you to the support that u use ATR for to get better stop loss.
Hey Brother, question I'm new to this, understanding more but how would I apply ATR in a H1?
The ATR works the same with all time frames. Whatever time frame you're working with, the ATR is the ATR for THAT time frame.
In Forex market from which timeframe we should take ATR to set stop loss
Hi Rayner, Nice explanation..I have some doubts..please clarify...1) Whether "explosive" breakouts will occur only to the downtrend.. (OR) it may go to up trend also... 2) If so, how to find which side breakout is going to happen.. either up / down...
No one knows which direction it’ll go, you can only put yourself in a position to take advantage of either outcome whether short or long. I only ever use 50% for breakouts and then add the other 50% of funds if it continues upwards! Just putting yourself in a position is enough, if it breaks down when you went long, no problem, try again with another market
@@bumpyjason I doubt you're very successful with that strategy
@@luke9981 profiting from breakouts is easy money, if it goes your way of course, Why don’t you explain why I’m not successful lol breakouts are a piece of piss, and oscillators don’t help either
@@luke9981 and I certainly don’t lose money with that strategy either
@@luke9981 or you can just use inverse tokens , one either side of the breakout
Bro Make a video on a list of books you read.... upto now about technical analysis....
In MT4, ATR default is 14. So, did you set it to 20? There's SMA written there, as well. What's the meaning of that?
i guess Im asking randomly but does anybody know a method to log back into an instagram account??
I somehow lost the login password. I would appreciate any help you can offer me.
Can this all be applied in the day trade?
Sir, i an from india n i have one doubt, in chart atr value is denoted in points from 1.10, 1 20 & even, 0.70.,.0.80. So how can use this to calculate my stop loss n trading loss?? Plz suggest me..
how do i know that the atr is at a multi-year low?
You check multi year graph of atr...
HEY, WHAT'S UP MY FRIENDS.
How do calculate stop losses for short trades?
What the settings? Any idea?
Hi Rayner, I do have a question. I learned in this video that low market volatility could lead to huge breakouts. But in the video you talked about MACD, low market momentum as shown in the histogram could also lead to breakouts. I'm confused. Is market volatility the same with market momentum?
I mean market momentum that is approaching zero. Thank you in advance, Rayner!
So if you place your SL 1 atr below where think the SL will go (in this example the atr was 57 pips) That's a huge potential loss should the market turn against you. What is the pip value here and what % of the account you are willing to risk?
You must take the SL (# of pips) into account when you figure your lot size and entry to determine risk for the trade - typically you don't want more than a 2-3% risk on any single trade. You should consider researching "develop a trading plan" and get acquainted with that, set your rules and stick to it, eliminate emotion and make it mechanical.
What is the parameter for the ATR
"He .. Heyyy .. what's up .. my frienddd ! "
I failed to count the number of times you said, "right".. Nice video.. Learned something new!
Seems like if it's happening a lot (stop out), then we should set our Buy Limits at our Support values to begin with.
One thing that got me confused over Rayner explanation here is that: in his article about this topic discussed here, he said we should add the ATR value to the nearest support and resistance level to lace our stop loss, but here, he subtracted the ATR value from the support level instead. What happened? Could you explain better please because I have read this on your site many times without number. And second, how did you find the ATR value to be in two digit number because on my chart it shows three digit numbers? Please explain to me as a beginner. Look at what i saw in your article: Find out what’s the current ATR value
Select a multiple of the ATR value
Add that amount to nearest Support & Resistance level
Thanks.
for a buy you would subtract from the support level, for a sell you would add to the resistance level. for ATR level I suggest looking at the pair you are trading to determine what a pip, or stock to determine the resolution needed for ATR, it varies.
Can ATR and explosive breakouts can be used in lower Tf? Like 1m, 5m and 30m?
For day trading yes
Done friend
I use Fidelity, is there an indicator similar to Chandelier stop in Fidelity? I can't find it.
if you go on yahoo fiance the indicator is called ATR Trailing Stop
is it applicable for short term trading like day trading on lower time frames?
I would also like to know this.
Just a suggestion, Rayner. Rate your videos as "Advanced, Intermediate, Beginner". As the latter, I found this a bit difficult to follow. However, I will work through your other excellent videos. Thank you.
I could not download the 'Ultimate Guide to Price Action Trading" even though I signed up.
❤️
How many trees? Four tree :)
It is working on crypto?
what is the Best TF for it to check ATR ?
💯👍
How do u read the value,I.e. 2.345 is it 23pip or 234pip and 0.0345 isit 34p or 3pip thanks bro
When trading stocks the pips are basically cents
But since he trades forex he refers to it as pips since currency values have multiple digits after the decimal point.
To read pips you read it right to left the number of pips are the difference between the current price and the number of pips in subject
Up 220 pips means current price plus 220 after the decimal point and vice-versa
My ATR shows 1.1168. What does that mean?
111 pips
@@tradingwithrayner thank you
has moved 500 pips from where???????
plss dnt explain in pdf chart, i dsnt make any sense... try to explain in real chart in lower timeframe to catch day trade.
You did not explain what pips was so I lost
understanding. Need to explain this in your video.
Are any of you rich from this guys advice?
hammer hitting on head
I dont like this indicator
I almost can't understand what you're saying. It's a noise to my ears. Good Luck tho.