DislikedATR does not change based on TF but it can change if your period is large and you are looking at monthly.
I use 14period because two weeks of data is enough to illustrate average range.Anything more and you will have more smoothed out ATR which could be off in recent terms.
To me 14 period is more then enough data to see where price fluctuates.
Keep in mind that ADR by itself is just a data and you should utilize that data in conjunction with basic system set up mainly where price is in relation to 10EMA and 200EMA and what direction is the trend....Ignored
- #16,742
- Dec 7, 2012 4:51am Dec 7, 2012 4:51am
- Joined Nov 2008 | Status: Trader | 50,185 Posts
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
- #16,743
- Edited 5:10am Dec 7, 2012 5:09am | Edited 5:10am
- Joined Nov 2008 | Status: Trader | 50,185 Posts
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
- #16,748
- Dec 7, 2012 5:51am Dec 7, 2012 5:51am
- Joined Nov 2008 | Status: Trader | 50,185 Posts
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
- #16,750
- Dec 7, 2012 6:02am Dec 7, 2012 6:02am
- Joined Nov 2008 | Status: Trader | 50,185 Posts
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
- #16,751
- Dec 7, 2012 6:12am Dec 7, 2012 6:12am
- Joined Nov 2008 | Status: Trader | 50,185 Posts
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
- #16,753
- Dec 7, 2012 6:22am Dec 7, 2012 6:22am
- Joined Nov 2008 | Status: Trader | 50,185 Posts
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
- #16,758
- Dec 7, 2012 6:43am Dec 7, 2012 6:43am
- Joined Nov 2008 | Status: Trader | 50,185 Posts
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
- #16,760
- Dec 7, 2012 6:51am Dec 7, 2012 6:51am
- Joined Nov 2008 | Status: Trader | 50,185 Posts
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett