BeatlemaniaSA wrote: Mon Aug 01, 2022 5:06 am Hi Abdelrahman,

Thank you for your comments. Yes, you are most welcome to explain the use of the indicator and share it with the members. Suggestions are always welcome .

Regards,
BeatlemaniaSA

Good
The ATR indicator is an indicator that measures the range of price movement.

For example, the British pound pairs move quickly, unlike the Swiss franc pairs.

For proper capital management, the number of stop-loss points must vary according to the movement of the pair and this is what ATR does.

This is a video that shows how to calculate points using it

The latest version of the modified indicator is attached to facilitate setting a profit limit and stop loss quickly
.