Set the right Stop Loss

This will save you a lot of time to set the right Stop Loss and plan your trade better.
The data is for the 1H time frame and over the month of January 2021.

APM = Average Period Move = Close - Open (because the absolute values are used, negative and positives do not level each other out).
APR = Average Period Range = High - Low ( same as above)

(from my own price database):

Wow very nice. I use try to use ATR(average true range) sometimes. The average a candle moves itself on a given timeframe

Great, I do too. The APR here is actually the ATR. But I use a longer period usually (like here, a month for the Hourly) because that gives much more reliable numbers.
Most sites I know use an APR with usually only about the last 8 periods or so. So when that was a quiet period and suddenly it's Risk-On again, then you use
really wrong numbers.

Great stuff, fxke62! Could you please add measures in points and depending on lot size? That would be great! For example for EURUSD it is 15 points where 1 point = 1$, for GBPUSD it is 21 point, but here 1 point is not 1$... so it is not 21 point... hope you got what I mean
I have a task in my todo to create about the same data output as an indicator for mt5. There will be x1, x2, x3... x5 multiplier as well. For example you want to put x1 SL and x4 TP for NZDJPY... smth like that. To see how much it will be (the distance). But I forgot about it and thanks to you I remember now

Hi @ryuryu, here you have an export of the data, then you can do whatever you want with it for your personal use.

the best stop loss is no stop loss at all.

So the best risk management system is not to manage the risk at all?