ATR Trailing Stops
What is the ATR Trailing Stops Indicator? An indicator based on volatility, the ATR (Average True Range) Trailing Stop establishes dynamic stop-loss levels for market entry or exits. This indicator establishes the trailing stops by utilizing the Average True Range, a statistic that assesses market volatility. By dynamically modifying the stop levels in response to shifting market conditions, the indicator can assist you in risk management or in determining when to enter the market. How are the ATR Trailing Stops Calculated? ATR Trailing Stops calculation requires a few steps. They are as follows: Calculate…
