HELP ABOUT the right and BEST sittings for ATR

bourgenot · Post by **bourgenot** » Sun Aug 10, 2014 11:05 am

Hello everyone, I need help finding the right settings for ATR indicator. 1.000++ times thank you for your help !! Have good day..

Post by **milanese** » Sun Aug 10, 2014 11:28 am

bourgenot » Sun Aug 10, 2014 11:05 am wrote:Hello everyone, I need help finding the right settings for ATR indicator. 1.000++ times thank you for your help !! Have good day..

the "right" setting as a type of general key not exists. It depends what strategy you are trading, what tf you use ecc.
The ATR is measured as the greatest of any of the following 3 metrics:

-The current high minus the low
-The value of the current high minus the previous close
-The value of the current low minus the previous close

Whichever is the highest of these three metrics is then represented as the average true range of the security. Typically, the number is then smoothed using a 14 day moving average.

Cheers

Tommaso

bourgenot · Post by **bourgenot** » Sun Aug 10, 2014 11:50 am

Hello, you still the KING? QUICK AND, REAL! Ok i will myself try different systems ! One more time thank you!!