How to use ATR trailing stop loss indicator?

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Radinka Frolova
Answered 6 months, 2 weeks ago
<p id="isPasted">ATR Trailing Stops are primarily used to protect capital and lock in profits on individual trades, but they can also be used, in conjunction with a trend filter, to signal entries.</p><p>Average True Range ("ATR") was introduced by J. Welles Wilder in his 1978 book New Concepts In Technical Trading Systems. ATR is a measure of volatility for a stock or index and is explained in detail at Average True Range. Wilder experimented with trend-following Volatility Stops using average true range. The system was subsequently modified to what is commonly known as ATR Trailing Stops.</p><p><strong>ATR Trailing Stop Signals</strong></p><p>Signals …</p>