The ATR Indicator Is The Single Best Indicator Forex Traders Can Have (Use It or Lose It)

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The ATR Indicator Is The Single Best Indicator Forex Traders Can Have (Use It or Lose It)

Рет қаралды 1,015,168

No Nonsense Forex

Күн бұрын

Пікірлер: 1 600

@scottyguy401 5 жыл бұрын

I'm 3 months in to testing my system, and man the ATR is the best thing ever. I was skeptical when I first watched this video months ago about it being the best indicator in the world. I now understand how awesome it is using it for every trade. It has made me realize how barbaric my old ways of finding a profit target and stop loss target were

@princeadetunjiehinmowo6293 5 жыл бұрын

Please can you give more information about this indicator.

@rafaelmalate7938 5 жыл бұрын

So how do you enter or exit ?

@Leo-vg1rr 5 жыл бұрын

I have a question, sometimes MT4 does not let me use the SL based on VP calculations (1,5*ATR) Its shows an error message saying Stop loss and Take profit shoud be highet than XXX pips. PLEASE HELP!!!!

@yeoshihongjohn5101 4 жыл бұрын

All these downright LAZY people who dont bother finish all the content before commenting

@johnnytbg9142 4 жыл бұрын

@@rafaelmalate7938 it has nothing to do with enter or exit your trade. it's basically for money management

@fatsoaok6749 2 жыл бұрын

Another REALLY FUN thing about the ATR: You can easily call out the forex scammers. For example some telegram scammer will say : CADJPY ACHIEVED TARGET +320 PIPS, but then you look at the 10 day ATR and you can tell the pair didn't move more than 130 pips for the past 10 days, so when you message the scammer's ''support'' asking them where did those extra 190 pips came from, you end up getting blocked for some reason (true story, happened to me 2 days ago)🤣

@rockefeller13 Жыл бұрын

Wow thats crazy

@AJ-th6zc Жыл бұрын

It's "average". It doesn't say how much it moved during the past 10 days, it says on average how much it did each day. So if 1 day it did 1000 pips and the rest of 9 days did 0 pips, the ATR is 100 pips. That doesn't mean it didn't move more than 100 pips

@archravenineteenseventeen 7 ай бұрын

@@AJ-th6zcthe fact he got blocked proves that the scammer is guilty asf

@jaybhardwa9859 3 жыл бұрын

What's so confusing? It just shows the average price of the last few candles so you know how much the market is moving. I'll give you an example. Let's say you're trading EUR/USD and the candles have all moved 80 - 100 pips in the last couple of days... well you definitely don't want to set a stop loss of 50 pips, you'll be wiped out in one candle. I'll give you another example. Let's say you're trading EUR/USD and the candles have all moved 40 - 50 pips in the last couple of days... well you definitely don't want to set a profit target of 500 pips, you'll probably never hit your target unless you're in a super trend and you'll probably blow your account. So to sum up the ATR lets you know the average size of candles at the moment so you can set proper stop loss and profit targets.

@joshuawall4694 3 жыл бұрын

This is actually a really helpful comment, thank you

@CantGetRight911 3 жыл бұрын

Never thought to use ATR for profiting. Normally, I review charts at a daily frequency in a year timeframe, identifying obvious S/R levels where candles frequently hit, and determine if my risk to rewards ratio make sense setting my stop lost @ 2% + atr value. Most of the time, this prevents me from being stopped out, taking profits where it makes sense. Good post!

@glyventure5745 2 жыл бұрын

Thank you. This is really helpful

@georgio318 3 жыл бұрын

Keep it simple. Use a position size calculator. Enter your risk in $ amount, let’s say $100 is your risk per trade. Choose the pair you’re trading. Now use the ATR to identify the stop loss range in pips. Let’s say, 25 pips. Then you input the SL range and it will calculate your lot size. So for EUR/USD for example if you’re risking $100, and the SL value calculated using the ATR is 25, then you will arrive at 0.4 lots. Now you can split the 0.4 lots in any number of trades or just trade it as a single 0.4 lot trade. There you go. No need for any of these dollar per pip nonsense. Just use the calculator and you get the right lot size in 10 seconds.

@johndough8699 3 жыл бұрын

Babypips.com has a position size calculator. That’s what I use. (still paper trading). I risk 1%.

@petablepets2031 3 жыл бұрын

ON WHICH platform is this position size calculator?

@SmartMoney3 10 ай бұрын

This man is telling the truth about the ATR, it leads me to know when and when not to sell. I use it with other combinations and his algorithm for trading, I agree, neither would I share with no one, because it took me hundreds of thousands to loose tradings in order to find my formula.

@johnzeegler8641 4 жыл бұрын

You have a very good narrating voice, almost like a radio DJ which makes it much easier to listen and understand your videos, very soft and soothing yet confident.😚

@caps_tein 4 жыл бұрын

Nothing is truer than this. The blog is smooth as well. Love this guy

@jenisgiles 4 жыл бұрын

Live him too

@raashbucul1498 4 жыл бұрын

For those of you who have been with VP since the " beginner's lesson" and still didn't figure out where this guy is heading you please for the sake of God stick with him and be patience and try your best to understand every lesson I can almost guarantee you it will pay off. people Don't have the same brain some people understand fast others very slowly like me i watched the ATR indicator the third time and Finally got it. Yes also surprised when i watched the dirty dozen videos and i was like "this guy is out of his mind" i watched the podcast 3 to 13 and then the core concept and on my way to money management and psychology and Finally technical analysis. Thank You VP.

@MissAnjaaaa 5 жыл бұрын

I love your honesty. My opinion is that no trader is going to tell you 'the golden rule' for profitable trading, but even when you ask them they start to explain something and it's obvious they are hiding a lot. Thank you for saying no to us directly without feeling bad. That is your limit and we have to accept and respect it. btw - thank you for all knowledge ! God bless you.

@pinayforextrader6940 4 жыл бұрын

Anja Jug that’s why very Important to kwarta through education platform of to trade.connect me I’ll give you my link if you want to learn ..

@mzwandilestishi3493 5 жыл бұрын

i'm from South Africa and i started developing interest in Trading Forex last year, never got what i've always wanted till now....you are the best unlike the others who always shout "i make money"*100.....thank you for such powerful and mind blowing videos

@laurenh978 4 жыл бұрын

I'm not even half way through the video and you make me laugh so much with your commentary

@nicholaslarsen6739 4 жыл бұрын

7:17 to the point

@mt9443 4 жыл бұрын

should have read comment first. thank you for this.

@_BabarIqbal_ 4 жыл бұрын

Anyone who understood the concept of this video will not lose money in the long term. Exceptional job VP! - you just solved one of the biggest problems i have been having with stops being taken out unnecessarily when the market is compressed. I have tried ATR to complement my existing algo for position and stop sizing - the result is phenomenal.

@MelodyFromTheHeart 3 жыл бұрын

I am new for forex and still don't understand, can you explian more about this stratergy please?

@uchchashkarmakar Жыл бұрын

You still reply the question from 5 years old video. That's shows your love to teach us trading! ❤

@jasonrajotte5172 5 жыл бұрын

Thanks Again VP, Another Knowledgeable Video.... I Do Not Understand the People that Try and Argue your Technique, Strategy or Style of Trading... You are Giving Out Valuable Information and If they Don't Agree, then Don't Watch the Video... People Just Do Not Appreciate what you are Trying to Do.... I Myself Can't Thank you Enough....

@tenzintsundue6474 3 жыл бұрын

Video starts at 7:17

@Andre14615 3 жыл бұрын

All heroes don't wear capes. You my friend are the hero we all need.

@pablocuello4184 3 жыл бұрын

Lotsa love for you

@kroatoaneight-four 3 жыл бұрын

This is the ONLY indicator you'll need EVER!!!! My goodness. It took sometime before everything became obvious. You rock, man!!!

@makotounagi434 Жыл бұрын

After 4 years from learning from you VP, your channel is the best Forex channel in YT

@ShaunPhillipslimitlessfx 5 жыл бұрын

Brilliant video. I have been trading for years and I actually use the ATR for profit targets and stop losses, but I never actually looked at it the way you illustrated using it. Makes perfect sense! I am using this in all my trading from now on. Thanks for sharing. I very much appreciate your content. I am now a subscriber.

@duncancoetzee5792 5 жыл бұрын

Yo wassup? How did your trading go after applying this knowledge? Would like to hear your response and about your trading journey..

@aryanlong6344 3 жыл бұрын

This just blew my MIND!! i have heard so many people talking about the ATR but none actually showing how to apply it.... Thank you SIR!!

@bobbybird7845 4 жыл бұрын

"If you trade the 5 minute chart, you clearly hate yourself, and losing money is probably your destiny." hahaha there are SO many hilarious one liners on the blog, anybody not reading it is really missing out XD

@StaVykoV 3 жыл бұрын

Man, VP, I don't how you got to that golden 1.5 ATR ratio, but it is perfect! Especially lately I see so many of my trades having wigs just above my SL and then bouncing. If it were a bit lower than 1.5 ATR it would've been hit, if it were above 1.5 it is just a waste, since most of the times if the price goes beyond my SL it just continues. Can't imagine how much tuning u were doing to this. :D P.S I am just now being evaluated from a prop firm and hope to get funded. Will write a feedback once it happens for sure!

@georgebryandiaz7061 3 жыл бұрын

How did it turn out with the prop firm dude? Looking forward to good news..

@paulmitchell9954 4 жыл бұрын

The most important indicator every trader should know about :-) Without understanding and using ATR you'll keep seeing perfectly good trades never reach your TP and often reverse on you, resulting in hitting your SL or you closing your trade prematurely and only making peanuts instead of real profits...

@mrswoolyswallart1656 2 жыл бұрын

I wish to thank you for your system, using ATR, CMF, Aroon and RVI indicators. I have been trading for quite some time, but this is the first system that I have found that I have total confidence in. It is simply, easy and quick to understand. I am operating on the daily and 4hr time frames and for the first time in a number of years that I am achieving a rate of success that makes the investment of my time and money worth while. Please stay safe in this unstable world. Thank you again

@laurentoutant6382 5 жыл бұрын

Just started to listen to you podcast this morning ! Thanks alot ! I'm 17 years old and I really want succes in this game !

@TheArtOfTrading 5 жыл бұрын

You'll make it man. I'm 28 and I started trading late in 2016 with zero financial market experience, and I have begun to find my consistently profitable groove about 24 months in. I wish I'd started at 17. But I wasn't mature enough and had no mentors so I just kinda drifted for 10 years until I found this path and it changed my life. If you stay focused you'll be fine! Work hard, grind it out, watch videos like these, work on your discipline and your skill at reading charts and your understanding of edge, be patient and kind to yourself and you'll be killing it in 1-3 years almost guaranteed. You'll definitely have a head start on a lot of traders. Most traders fail because they don't put in the appropriate work. And most people don't put in the work because they either never find the right educators or are older and have other commitments/jobs/family, bad habits, bad conditioning and often not enough time to learn. At 17 you have plenty of time to put in the work! And if you're watching this video then you're on the right path, so if you keep your head down it really is just a matter of time. Good luck mate! “Believe in yourself. Don't quit. And never lose all your money.” - John Moulton

@Hashirama523 5 жыл бұрын

Just dont join iML xd

@theforexcodes8133 5 жыл бұрын

@@TheArtOfTrading Agreed. Takes work, effort but is enjoyable...

@shaymacleod1331 3 жыл бұрын

Current progress?

@muckiman001 5 жыл бұрын

its day 3 since if seen this vid and starting using ATR as an indicator. Its so precise im really suprised! thanks!!!

@tominis5938 4 жыл бұрын

Small tip: have ATR on chart, press CTRL+D look where is ATR and you can see it changes number depend on where your pointer is ;)

@kazg4877 4 жыл бұрын

it is thank you

@nicholgadingan5040 5 жыл бұрын

Never ending process if aiming Forex trading skills.... thanks for those mentors who have shared their knowledge to those longing for financial freedom.... kudos!!!

@theforexcodes8133 5 жыл бұрын

Absolutely...

@dannywhite9735 4 жыл бұрын

“What are You Doing! Why are you doing it that Way! The famous VP phrase that rings in my ears before every trade. Thanks VP.

@armintataro3939 4 жыл бұрын

At first, i didnt see the importance of atr. Now, i use atr in every trade i do. The real gngster

@pasht60 3 жыл бұрын

Captain here. Explanation starts at 7:22

@sulibro7863 5 жыл бұрын

I've been using the ATR trust me it is amazing I've backtested it and its always just out of reach of the candles making super useful, its the single most important piece.

@MeganTDavenport 5 жыл бұрын

My backtesting gets me stopped out a lot at 1.5.

@sanjitgurung4005 4 жыл бұрын

Volatility is key to any financial market. No volatility equals no risk which equals no opportunity. ATR must be one of the most useful indicators out there because of being a volatility indicator.

@chijiokemadubuko9004 4 жыл бұрын

What other volatility indicators are there?

@travisutrecht1542 4 жыл бұрын

@@chijiokemadubuko9004 Chaiken money flow bro. Best there is.

@kdud2799 4 жыл бұрын

People have been talking about the invaluable worth of the atr in trading, but I never really understood what made it stand out compared to other indicators until I watched this. Thanks.

@mikeclabaugh6139 5 жыл бұрын

Thanks for explaining The ATR, I have been learning to trade Forex for 6 months, and after your explanation I followed your instructions and placed a trade and it was a success. I really appreciate your help.

@domorewithsage 5 жыл бұрын

Mike Clabaugh one successful trade does NOT make a successful strategy. Do 100 trades and report back to determine if it’s successful

@theforexcodes8133 5 жыл бұрын

Keep it going😏

@EruvwuObuaya 4 жыл бұрын

You hit money management right on it's head for me. I was only into monitoring my margins (which is important), but this has taken my trading to a whole 'nother' level. That info with the forex pairs is priceless! Thank you so much for sharing. Subscribed.

@dagnakruger5332 5 жыл бұрын

My own understanding about forex scalping and investment is working hard. read more, study more and learn more. Work hard till the door of your car opens in a vertical way. that's the true guys, and it's possible with trading when u have a nice strategy. i keep learning everyday with your videos pro trading videos on price actions and also applying the blended model skills in my trade. trading cannot be mastered without first understanding your mind. Being rich is not the same thing as earning a high income. Balance Risk and Reward probably with a known method and trade within your limit. master Blended model strategy if you wish.

@jimle8444 3 жыл бұрын

I use ATR all the time. Volatility is the same as leverage. It works for and against you. Higher ATR, reduce the size. Lower ATR, increase the size. Personally I like to trade high ATR to free up cash for other trades.

@rashawnburgess6370 3 жыл бұрын

so you are saying.. the higher the ATR, reduce the lot size. The lower the ATR, increase the lot size? Thanks in advance Jim le

@jimle8444 3 жыл бұрын

@@rashawnburgess6370 exactly.

@brewcitypunk Жыл бұрын

the ATR is such a simple indicator and early on, it seemed a bit mundane. i now deviate just a tad from the set-in-stone NNFX rules and use specific parameters surrounding the ATR. you are so correct VP. the ATR is such an important indicator and it instills discipline more than anything else. the ATR should be included in the trading psychology realm.

@nikhurst 5 жыл бұрын

I only just recently stumbled across your podcast and honestly, you've changed the way I trade. I'm still new to this but your "no nonsense" approach is by far THE BEST! Thank you!!

@urbancouturejewelry845 2 жыл бұрын

I watched your video when I first started trading and was completely wet behind the ears. After a couple blown accounts and thousands of hours studying I now get it. Thank you for making time to make videos. They have helped.

@jo944 5 жыл бұрын

He's monologin till 9:00 so you can safely jump there.

@tommycharles4666 5 жыл бұрын

The other reason he's not giving you his particular indicators is that they're just not all that important. Money management is 100x more important than any indicator you use. Without that, knowing "how" to get winning trades is not going to help you.

@Youarturo 5 жыл бұрын

VP, very interesting way to "focus on pip value" via ATR. It is an "aha" moment for me. BIG THANK YOU !!!

@Youarturo 5 жыл бұрын

VP; once again thank you for the love, care, time and knowledge you put into every video, podcasta nd article, it is a ton of work, big thank you !!!. If I might a question: So the "process" would be: 1) Determine ATR of all 27 pairs, 2) look for best set ups; 3) determine your Risk % of your Account 4) Use the Risk Amount to determine your Position Size based on the ATR value of your pairs ... do I get you right ???

@joelmaeguila6110 2 жыл бұрын

Great content. My Cat trades using ATR now my cat can buy his own cat food now... lol

@NoNonsenseForex 2 жыл бұрын

We feed families here.

@fabervaale 5 жыл бұрын

Professional Trader and Teacher, congratulations from Italy!

@ramaswamyvenkatesh9636 4 жыл бұрын

You are brilliant . Hundreds I had listened but none impressed me more than you . Brutally frank and blunt to the point . Never heard before to use 24 day MA of pips as they use the price . Thanks .From now on I Will use AT as advised . Reducing investment 1/3 for 3 times pip value is the cake of logic . Thanks !

@tecnolover2642 4 жыл бұрын

Ive done a lot of work with ATR. Its a basic measure. I even used to trade bond futures using it as a part of a breakout system after rigorous back testing. It works ok for setting stops (particularly if you are aligned with the correct market momentum) but can often require wider stops which means less leverage when following money management rules. There are much better ways such as using defined support levels, fibbonaci levels etc which allow tighter stops. I use it as a last resort when those others are not available. Its def not the best and certainly doesnt need to be used for every trade for risk management. It is also used to assess the current volatility of a market in deciding which markets are profitable to trade.

@mr.iannone7519 10 ай бұрын

Hey Boss... don't take offense to people asking what you use... I am not saying give it away. I have probably over 1000 hours logged on forex videos on KZfaq and still as dumb as the first day and still haven't been able to make a dollar. Long story short I have also watched a ton of indicator videos probably every single one on KZfaq and it's the same bs over and over and even on Google or other search sites it's always the same dirty dozen! So people are just trying to get a idea of where to look or like you said the easy route. I started your channel 2 days ago and I love it thanks

@NoNonsenseForex 9 ай бұрын

I never get offended really, I was just trying to weed out the lazy traders. Seemed to work.

@adamsaher446 4 жыл бұрын

Skip the pep talk, jump to 9:00, and save your time.

@OGCrownClown 4 жыл бұрын

Thank you.

@tradingbeacon6469 4 жыл бұрын

Thankyou 🙏

@Darryl147 3 жыл бұрын

Blessings

@jde3201 3 жыл бұрын

I started forex using no indicators, my only indicator is volume and i focuse on 1,5,1hour charts. I never liked indicators. But this one is exactly what i have been seeing with my eyes and there is really one thing called range for charts. Which make me decide to go short or long even in a crisis. I watched couple of your videos and i think you really are pro. Im so glad that you are sharing this for us. God bless you brother. I will buy your book. I just hope that people really get what you are saying and work it out. I have no words to explain your work here. Truly amazing. About big banks also, like i said i dont use indicators, i dont know anything but i can see price manipulation a lot, i found out that its a cruel world. 🤣

@rashawnburgess6370 3 жыл бұрын

I have a question. what are you using to get in and out of trades. if no indicators? im new to this, im just taking in all the videos and getting info from other people. hows your demo account going? Thanks

@alexandergordon1189 2 жыл бұрын

Sometimes I wonder if he will ever get to the point.

@misfits6665 3 жыл бұрын

I started forex about 5 months ago but at the start i was paying for shitty advice and nothing not even learning from that mistake. Now I find this channel and already I have made so much improvements with knowledge and growth I now exercise eating better and feel mentally good. I think that to successful you have to make changes to your own lifestyle physically and mentally. That's how I feel at this moment. I maybe wrong but I'm always willing to listen learn and then take action. So any feedback will be welcome thank you.

@rashawnburgess6370 3 жыл бұрын

I am new also. i would like some advice from you. what format or process are you using to practice? after watching everything that VP says. how are you putting this into play? im just trying to apply the info im getting to the real game(dem0 of course) Thanks much

@jorgeng9143 4 жыл бұрын

Indeed no nonsense, ATR is the tool that I am lacking in my system. Million thanks!

@ClockDesignCo 4 жыл бұрын

I used this to set my entry exit points in a trade. it's a great metric

@tomang9525 5 жыл бұрын

Thanks VP! I know this indicator may not appeal to everyone, but using it for the past two weeks has made my trade risk management a lot more logical instead of finding S/R levels. Although it is still a small sample size (approx 7 closed trades since), I realised my trade was a lot more in tune with the market volatility, and I was able to avoid some stop hunts. Cheers!

@shocfacter 4 жыл бұрын

Wait, what? Lemme.... im gonna have to watch this again. My brain cell didnt quite absorb much of this the first time through, lol.

@roberthill3206 5 жыл бұрын

Should have listened to the whole thing. I agree and have a modified version of ATR that I use to calculate Stoploss and Takeprofit values as percent of ATR. My math education gave me the method and it has worked better on forward and backtest. I also use it in my automated Lot size risking 1% of account balance per trade.

@AaronDaleyFitness 5 жыл бұрын

I've been binging your podcast all day at work, can't get enough! My successful Forex journey begins right here with your content.

@AaronDaleyFitness 5 жыл бұрын

Thank you!

@SolutionsWithin 4 жыл бұрын

the 1st time I listened to this video I didn't wanna listen smh... Now I realize how powerful this info. is. It makes the difference between a career trader and a gambler. I mean this video and all your other money mgmt stuff. Thanks.

@bryonseilerXauBry0716 Жыл бұрын

WOW 😳😳😳 That's really simple and really smart. I trade based on percentage of my account size to risk. Not value per pip based on market movement. This way that VP does things really makes the risk way more manageable. Especially for position trading.

@SkillfulShowcase Жыл бұрын

Took me a while to understand what's going on here, now I do...I'm just gonna go ahead and automate the atr into my ea..it's about to get dangerous

@mralpha5456 4 жыл бұрын

i laughed at the part when you said "there is nothing sexy about this indicator" lol.. coz in the video i was seriously listening and in the middle you sounded so serious and then suddenly Boom.. at 6:21 "everybody chases the sexy stuff" lol im dead..

@garrensizer 5 жыл бұрын

I love the ATR for setting stop-losses and lot sizing, but a word of caution... the internal MT4 (MQL4 language) iATR function does not calculate ATR the same way as its creator, Welles J Wilder. The true range calculation appears correct, but the smoothing appears to just be a simple moving average of [period] days. My other beef with it is if your MT4 platform is on GMT time, you’ll have a small Sunday candle that affects the ATR calculation. I rewrote my own ATR indicator based on the formulas in Welles J Wilder’s book, and I force it to ignore Sunday candles. The result is a much smoother ATR line, it runs about 10-20% higher than MT4’s ATR (because the small Sunday candles are ignored), and I can easily place my stop-loss at 1.0 ATR + spread for most pairs and still have plenty of breathing room. With these changes, I use a period of 10 (2 weeks worth of full trading days). Thanks, VP 👍🏼

@Henry.Wallace 5 жыл бұрын

That's really interesting. Do you mind sending me a copy of your indicator? I don't have the skill to be able to code and have also ran into problems with mt4s ATR. henrywallace15@gmail.com This would be really appreciated.

@tedhor5920 4 жыл бұрын

to be honest, you have made a very good statement here in the earlier part of the video, somewhere around 3.00. I totally agree with you not giving away the algorithm you have created so easily, people tend to focus on the returns of the algorithm and want to get rich in a short period of time, without actually putting effort in it, it is truly tough to design an algorithm which makes consistent profit throughout the entire months/ years, and of course it takes even longer time to figure out the way. Keep up with the good work man, just subscribed to your channel!

@rjpimprov 4 жыл бұрын

Such a great indicator. Changed my trading completely. I will say though, I find the atr trailing stop (in tos) to be more helpful to me.

@paulmarshall7794 4 жыл бұрын

The first time I watched this I pretty much ignored it....turns out you are right: Once you have made enough mistakes, you realise the ATR is essential AND understand why!

@vintageb8 3 жыл бұрын

Do share why?

@georgefieldsjr.640 5 жыл бұрын

Wow , that is GREAT Information !. I was doing NONE of the tings you mentioned, that was causing me to lose so much money , Thank you for your information. .

@abouttimetrading5480 4 жыл бұрын

Found a great way to check for fuck you candles. I added a second ATR(1) so when you hover over the candle you can compare it to the ATR(14). Thank me.

@hrhooms7619 5 жыл бұрын

i wish i could shake this man hand. Respect bro!!! u got me subscribe.

@ThomasDowner Жыл бұрын

this is underrated. took me 3 years to really understand this video. 1st year . i watched this...didnt mean as much as bow

@jibinjoseph5133 5 жыл бұрын

For a channel starting with no nonsense, you eventually started with ATR post 7 minutes of a 16 minute video.

@babygoatjuice9508 3 жыл бұрын

Yeah there's certainly a lot of filler

@jacobm7026 3 жыл бұрын

So youre one of those big cry babies VP was talking about got it lol

@Tarwada_ 5 жыл бұрын

take the value of atr from the data window and multiply it by 2.5 or 3 and that should be your sl or tp in points.... thank me later

@Brutaga 5 жыл бұрын

My God this video was like walking out of a cave into direct sunlight. Once again thank you so very much. Of course this also means I'll have to scrap everything that I'd been doing. But what the hell the weekends coming up... so what the heck :)

@tomnolan3485 4 жыл бұрын

This is the missing piece for me, I was winning more trades but the losses I was taking were on the more volatile pairs, and as I was trading with the same pip value for each pair I was barely profitable. Thanks so much VP.

@bambee3501 4 жыл бұрын

Was just gonna ask if it was still relevant. Sick Ima consume this.

@MelodyFromTheHeart 3 жыл бұрын

I trade on 0.01 on every pair and still losing.

@XxQUIKSC0PZxX 5 жыл бұрын

You and TheTradingChannel are the only KZfaq channels I trust with forex technical analysis information.

@jakemarxfx6992 5 жыл бұрын

Love your content and your podcast! I listened to the whole thing in one day! Keep it up bro!

@daveythehand4964 4 жыл бұрын

How do I know this guy's legit? He makes his money trading, and takes icing on the cake from youtube... real traders don't need to sell their indicator setups -- why? Because he makes his money trading, n o t on selling you something. This guy is a blessing, teaching us to learn how to fish, leaving us clues here and there if we are only willing to support his youtube channel. Again, this guy makes his money trading, not selling! You're giving back, man... karma looks fondly upon you.

@Jose-ij9hi 4 жыл бұрын

Thanks, VP. I have blown my account a few times already, but this is precious information I really appreciated. I´m sure I will make it. I see trading not only as a way to make money for the moment but to build a retirement also.

@HardKillaz 2 жыл бұрын

So this was way easier than I thought it would be to process mentally. I have watched videos before on the ATR and all those videos did was make me ignore the indicator. I am 100% certain of I do what you say and it does work, it will be in my weapons bag. Congrats you make me want to try an indicator I don't like.

@joeebanks646 5 жыл бұрын

so grateful for you, and people like you. cant imagine how much you are affecting peoples lives. i fully expect to go pro within a few years. not kidding either. this is a great resource, free and more valueable than college.

@liennguyen-pj1gu 3 жыл бұрын

How is the progress?

@darnel6884 5 жыл бұрын

I'm confused.. there's no example, how can I used this tool..

@iwebiagboj.c.2521 4 жыл бұрын

Your online video coaching has re-wired me on FX know-how! I'm curiously excited and getting better. Thanks a million VP.

@xtophermk 5 жыл бұрын

Now I know how to use the ATR for my stop losses, thanks to this tutorial. God bless.

@psychedde1ic 5 жыл бұрын

at least you can tell us how did you make your algorithms. the making process. please make video on this

@TheTraderGuy 4 жыл бұрын

You should base your trade size on where the stop loss goes. ATR doesn't matter - at least in that sense. Also, I have found a lot of luck in using it as a target. If ATR is currently 60 pips, then that could be the target, roughly. Also, you should think about your trading style/system. If you are a trend trader, then you need higher ATR pairs. If you are a range trader, then the slower pairs make the most sense. There are a million ways to use ATR. At the end of the day, if you are risking 1 percent, it doesn't matter if you use ATR as a level, or a price. One percent is one percent.

@MiBuKy0ShiRo1 4 жыл бұрын

Lol

@michip.904 4 жыл бұрын

@@MiBuKy0ShiRo1 why are you laughing? He is 100% right.

@PassportG 4 жыл бұрын

@@michip.904 who's right? VP? Yeah we know that 👍🏽

@andrefraser7309 3 жыл бұрын

I just want to say thank you, i knew i wanted to trade but didn't know where or how to start. After watching all your videos and 6 months later i can spot a good trade when i see it exit point needs more work 😂. I just wanted to take the time out to say thank you.

@ICEMANover9000 6 жыл бұрын

Very happy with this! i had put a spreadsheet together to work out the average for the last 10 days, you've just saved me a whole lotta work!

@dnmurphy48 5 жыл бұрын

ATR is not quite a simple average for each day. The actual indicator has she additional complexity - it's best to look on the internet for how to calculate ATR.

@abzy4368 4 жыл бұрын

That was a cool intro lmao. Gangster

@abhishekghimire9098 3 жыл бұрын

And his algorithm is 1) Atr 2) B...... 3) C........... 4) 2 ........... 5) v............ 6) E............ 7) Upto Us !! yeah Thats his algo !! And he has slowly revealed everything !! Dont be lazy new people

@lionelperez6635 4 жыл бұрын

Excellent, Excellent video........Definitely one of the best videos online hands down.......the amazing thing as well is this about the ATR is when you use it to give you a signal that lets you know what pair is past 150% past its extreme Range.......and then only trade that pair or pairs because the probability of a reversal is extremely high now.

@potatochipappi 4 жыл бұрын

Amazing!.....I'll and test this out. Thanks

@lionelperez6635 4 жыл бұрын

@@potatochipappi Best suggestion.....If your trading the 4hour then wait for the weekly atr % to be at an extreme.......If your trading the 30 minute time frame then wait for the 4 hour time frame to first be at an extreme atr level ....... the concept after understanding every time frame is fractal in nature and every time frame is creating macro and micro cycles that are always impulses and corrections then all your doing is using a higher time frames extreme oversold or overbought Atr level and trading the micro cycles within that time frame that is that lower time frame within it....

@cdowis 5 жыл бұрын

>>pip size adjustment So do NOT adjust the number of pips, but make the adjustment on the LOT SIZE to equalize the pip dollar for different pairs. Changing the number of pips is changing the structure of the trade itself. Think about it.

@NoNonsenseForex 5 жыл бұрын

You're essentially doing that too. Check out the Risk video.

@MelodyFromTheHeart 3 жыл бұрын

As I understood, 1) Compare ATR 2) Set the lot size according to the ATR (the more ATR the less lot size you should take.) Am I right?

@NoNonsenseForex 3 жыл бұрын

Yep

@addaknows2646 2 жыл бұрын

Yo I had to pause the video and take a moment of silence for all the money I have lost not using this indicator.

@desiralhagger4034 4 жыл бұрын

Like all other indicators, don't jump in too quickly, learn and understand ATR even though he talked around it. Thanks for the pip management tip.

@rashawnburgess6370 3 жыл бұрын

would you say that this is the first thing that i should do? using the demo account? thanks

@IngoziDanger 5 жыл бұрын

I love your honesty man. You tell it as it is, you ain't giving us your algorithm and it's as easy as that. Though 🤔you ain't losing anything when doing so, but again you gave us free content, what else are we crying for.

@johnhart5557 5 жыл бұрын

😂4life.

@juliusshilongo 5 жыл бұрын

Thanks man we need people like you.

@Marinalopescardoso 5 жыл бұрын

I agree!

@Freshiz325 5 жыл бұрын

The per pip value should be at the end of the equation, not the beginning? Never risk more than 0.5-1% of your acct on any trade and based on how many pips your stop is, that then dictates the value per pip, right? Your trading strategy will dictate where your stop is for a particular trade which in turn will create your position size?

@MavrieckII 3 жыл бұрын

Still hasnt sunk in yet but i will keep on until ive gotten a solid grasp on using ATR.

@NNFXBot 3 жыл бұрын

I've been trading for many years and this indicator has definitely been a game changer for me and I now use it with all my EAs. The best thing is how it automatically adapts to any market and any timeframe.