Disliked{quote} Im full of shorts from the top, Im just wonna make some counter trade, but I feel that bulls going to destroy all this moveIgnored
Always trade your own plan...I don't provide trading signals.
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Disliked{quote} Im full of shorts from the top, Im just wonna make some counter trade, but I feel that bulls going to destroy all this moveIgnored
DislikedYup, the ATR shows exhaustion which further increases possibility of correction. Please can you tell me which indicator you are using for daily atr on tradingview?Ignored
Disliked{quote} ATR with a lookback period of 14 on the daily chart. Yesterday after the close ATR (14) was 63 pips. I use 4 settings: 80%dailyATR(14) 63 X 0.8= 50.4 pips 100% =63 pips 120% =75.6 pips from the swing high at (4) 150% =94.5 pips Then put them on the chart with a horizontal line. Today, 120% was close to S2. U will get similar results with PP and a daily extension range (yellow box, look at page 1 of this thread). {image}Ignored
Disliked{quote} ATR with a lookback period of 14 on the daily chart. Yesterday after the close ATR (14) was 63 pips. I use 4 settings: 80%dailyATR(14) 63 X 0.8= 50.4 pips 100% =63 pips 120% =75.6 pips from the swing high at (4) 150% =94.5 pips Then put them on the chart with a horizontal line. Today, 120% was close to S2. U will get similar results with PP and a daily extension range (yellow box, look at page 1 of this thread). {image}Ignored
Disliked{quote} ATR with a lookback period of 14 on the daily chart. Yesterday after the close ATR (14) was 63 pips. I use 4 settings: 80%dailyATR(14) 63 X 0.8= 50.4 pips 100% =63 pips 120% =75.6 pips from the swing high at (4) 150% =94.5 pips Then put them on the chart with a horizontal line. Today, 120% was close to S2. U will get similar results with PP and a daily extension range (yellow box, look at page 1 of this thread). {image}Ignored
Disliked{quote} ATR with a lookback period of 14 on the daily chart. Yesterday after the close ATR (14) was 63 pips. I use 4 settings: 80%dailyATR(14) 63 X 0.8= 50.4 pips 100% =63 pips 120% =75.6 pips from the swing high at (4) 150% =94.5 pips Then put them on the chart with a horizontal line. Today, 120% was close to S2. U will get similar results with PP and a daily extension range (yellow box, look at page 1 of this thread). {image}Ignored
Disliked{quote} i remember this calculation you said to me once where do you get atr ( 14 ) is 63 pips ?Ignored
Disliked{quote} i remember this calculation you said to me once where do you get atr ( 14 ) is 63 pips ?Ignored
Disliked{quote} i remember this calculation you said to me once where do you get atr ( 14 ) is 63 pips ?Ignored
Disliked{quote} If you are using mt4 then there is an indicator for it and it calculates for you but unfortunately it’s not available in the TradingView.Ignored
Disliked{quote} navk, every platform has an ATR indicator, set it to 14 periods, and voila. ADR gives you similar results. {image}Ignored
Disliked{quote} It takes me no more than 15 min for 4 instruments (GU, MES futures, Gold, and now EU).Ignored
Disliked{quote} If you are using mt4 then there is an indicator for it and it calculates for you but unfortunately it’s not available in the TradingView.Ignored