Disliked{quote} 1) TIMING - always be mindful when market session open and close. When London open, 2 hour later Tokyo close. What do Tokyo traders do? most will exit, right? what happen when traders exits their trades? next thing is liquidity flows between markets - stock, futures,, options, forex,... 2) ATR - this had been discussed before on how to find the ATR. very simple - use the MT4 standard ATR provided. open a blank chart set to H4 TF, drop the ATR in a new sub-window on your chart. Set the period to 20 period, next drop a second ATR in the same...Ignored
I see 0.470 for ATR(20) and 0.541 for ATR(100). what does these number mean?
Failure, is a wonderful teacher!