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ilmscore | Prediction Details
"The main way I like to use the atr indicator is for my stop-loss placement to keep me from getting wicked out of trades if we have a market that pushes down with a wick I'm now safe for that market pushing back up immediately afterwards"
By
The Trading Channel (The Trading Channel)
|
October 13, 2020
|
Pending
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0
From video
How To Use The Average True Range For Beginners (MUST KNOW SECRETS)
00:09:17 - 00:09:29
Interpreted Prediction
Using ATR for stop-loss placement helps prevent being stopped out by short-lived price spikes (whipsaws).
Prediction Details
Topic
Trading Strategy - Stop Loss Placement to Avoid Whipsaws
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