ilmscore | Stop-loss and target placement using ATR Predictions
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A stop-loss is set by taking the ATR value (e.g., 22 pips) and adding it to a previous swing low (or in this case, high), resulting in a calculated stop-loss distance (e.g., 32 pips including an initial 10 pips).
"the way we use ATR would be looking at the ATR of that candle... that being 22 means that we can com..."
Jun 7, 2018
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