VIDEO.172. ATR - Indicates a real STOPLOSS & a real VOLATILITY.

FIND
1. TREND WITH BOLLINGER'S BAND
2. ATR value, multiply by 1.5.
3. APPLY STOPLOSS.

Trading with safety is essence of survival in share market. ATR indicator indicates real STOPLOSS. ATR also indicates volatility of next candlestick. The best strategy is to find out confirmed trend with the help of bollinger band and 15 minute candlestick. followed by installing ATR indicator on trading station. Multiply value of ATR by 1.5 times and place stoploss. If share is in rising trend then place stop loss below the close previous candle, and in falling shareprice ,placestoplossaove previus candle closing price.

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