ilmscore | Prediction Details
"let's say your stop-loss is 180 our ATR is an indicator you could find on trading view that's the platform I use ATR is one of the very first indicators that pops up once you which once you click the indicator button own trading view so you use an ATR indicator to figure out the stop-loss let's say it's above this high by 180 are you put your target either back down at previous structure or one-to-one risk/reward totally up to you how you do targets personally I set mine at a one-to-one risk reward I do multiple targets but if you're a beginner it's not how you need to take targets either do a one-to-one risk reward or back at previous structure for Trend continuation"
By The Trading Channel (The Trading Channel) | September 18, 2019 | Pending
From video
PERFECT Beginner FOREX Strategy 00:08:23 - 00:08:59
Interpreted Prediction
Stop-loss levels are determined using the Average True Range (ATR) indicator (e.g., 180 ATR above the high), with targets set at either previous structure or a 1:1 risk-reward ratio for beginners.

Prediction Details

Topic
Forex Trading Strategy - Stop Loss and Target

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