So this is going to be my tactic that I am going to apply in live trading, focusing especially on EURUSD pair with 1H timeframe First we have chandelier, with the ATR buy/stop levels + alerts ( so we dont need to stay 24/7 waiting for prices) Second we are going to use trade AssistentContinue reading “Beginning of forward live test EURUSD Chandelier”
Tag Archives: ATR
Preparing for forward test
Finally I can say I find a system that I like it alot. It has a very straight forward ( Keep it stupid simple always) mentality. Its an evolution of the MA ribbon- > Its called chandelier Using some modifications, I apply stop loss using ATR mentality. This is how its looks like on EURUSDContinue reading “Preparing for forward test”
How to calculate ATR
The Average True Range (ATR) of an asset is a historical volatility indicator that calculates the average of a number of previous True Range values. The True Range (TR) of an asset can be defined as follows: ATRx = (TRt + … + TRt-x) / Opent-x Where: ATRx – Rolling x-day Average True RangeTRt –Continue reading “How to calculate ATR”
