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-3ATR line


Guest Douglas

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Hi ,  can you explain a bit more what you are looking for. The number associated with ATR refers to the number of periods the ATR is calculated from so can't be negative, or did you mean minus 3 x ATR. How did you mean to use it? Many use 1, 2 or 3 x ATR to give a stop loss levels or target levels so that would be a horizontal line on the chart.

 

 

   

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Guest Douglas

Caseynotes thanks for your helpful response. I use minus 3 x the 14 day average true range as a trailing stop on my weekly system. I use Metastock to calculate show this. It would be much more convenient to see it on the charts of my IG positions. Particularly as I will not have access to Metastock for the next few weeks

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