ATR value for Stop Loss

שלשום

The indicator is supposed to give you a quick look at the ATR multiple for the symbol you are trading. Say, you trade on two minute candle for Intra-day, you know, as soon as you took the trade, where your 2 or 3 times ATR stop loss should be, etc.

You can use this on any time interval, for a quick way to identify the stop loss based on the volatility.

Good luck.
YT @channeldaytrading