TAKE PROFIT with PERFECT TIMING using the ATR Indicator! (Best Forex Indicator)

Рет қаралды 151,392

Күн бұрын

Andrew Lockwood is here to explain the Average True Range (ATR) indicator! The ATR indicator is one of the best forex technical indicators that can take your forex strategy to the next level. Many who trade forex even consider it to be the best forex indicator to use in technical analysis. It's one that a professional forex trader like Andrew use in their forex technical analysis to establish rules about entering and exiting trades. An ATR indicator strategy can be one of the simplest forex trading strategies to develop and execute. In addition, the Average True Range indicator can be used to identify when a market is trending or consolidating. Overall, the ATR is one of the most powerful and easiest technical indicators for day trading, swing trading, and price action trading. Andrew also jumps onto MetaTrader 4 (MT4) to execute an ATR trading strategy.
Chapters:
00:00 - Introduction
00:47 - ATR Indicator Explained
06:46 - Ways to Use the ATR
11:52 - Find the ATR in MetaTrader 4
13:21 - Use ATR for Entry, Stop & Profit Target
15:58 - Use ATR to Identify Market Breakout
17:10 - Use ATR to Scale out of Trades
18:25 - Use ATR to Determine Consolidating Market
20:27 - Outro
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Пікірлер: 184

@ForexSignalsTV 3 жыл бұрын

🔥 Free ATR Indicator Cheat Sheet - go.forexsignals.com/atr-indicator-cheatsheet 💸 Sign up for a 7 day free trial - go.forexsignals.com/5gz4m-free-trial

@not_enoughmana Жыл бұрын

Whether Forex Phil Collins can dance or not, he definitely knows his indicators 😎

@TheSogmeister 5 ай бұрын

Damn funny 😂😂😂

@wilalor7552 3 ай бұрын

Forex Phil collins 😂

@Whatsupvideosnew 3 жыл бұрын

this is the best video on ATR I've ever watched on youtube. thanks, man.

@xi_pukuforears 2 жыл бұрын

The greatest mentor of all times, the best video of ATR indicator, had to tell my friends about you.

@huooful 3 жыл бұрын

This comment is for the algorithm. Excellent video Andrew. Made really clear what the ATR is.

@chanmah1765 3 жыл бұрын

this is the best tutorial of youtube

@anthonyinit Жыл бұрын

Found everything i needed to know about the ATR. Thank you.

@simonchristie2765 3 жыл бұрын

Excellent video Andrew. Thank you

@olo290 3 жыл бұрын

Such a great info. Thank you for sharing!

@khaleelazan8903 3 жыл бұрын

Excellent video Andrew.

@godfreydanielchiteri7155 7 ай бұрын

You have open my eyes. I wasn't getting atr concept completely.

@samdoral4927 2 жыл бұрын

Great content on ATR, thank You

@yayatouray9495 3 жыл бұрын

Powerful video, I learned lots from it

@FINEFELINE333 3 жыл бұрын

Very good presentation. Many thanks.

@dimasgomez 2 ай бұрын

I've watched a LOT of videos on indicators and stuff and you just made a huge improvement in my setups. I've been all day testing a new approach based on your video, further exploring ATR possibilities, and it is a huge sucess on SL and TP, reducing my risk and realizing my gains. I just doubled my sucess rate. Thank you very much. 🙏🏻

@richardmashamaite Жыл бұрын

Taught it like no one else, well explained.

@ForexSignalsTV Жыл бұрын

Thanks, Richard. Stay tuned for more videos.

@ducatirottie 3 жыл бұрын

Excellent presentation mate! I’ve seen dozens of explanations but this Is simply the best. 🙏🏽💪🏽

@swartronaldsatekge4773 2 жыл бұрын

Thanks 😊.. Great knowledge

@alexkeru9379 3 жыл бұрын

This explanation of the ATR is the best I came across, thanks for the education

@maitreya1906 2 жыл бұрын

Just what i needed. Thanks!

@ForexSignalsTV 2 жыл бұрын

You're most welcome Mai, Thanks for watching and stay tuned!

@dare2dream674 2 жыл бұрын

Superb Sir .........Lots of Thanx

@najeebabdallah9714 3 жыл бұрын

Thank you!

@edsbloggingcom Жыл бұрын

Best explanation ever about ATR. Indeed this man knows his stuff. On top of that he knows how to present it.

@ForexSignalsTV Жыл бұрын

Thanks for your comment. Stay tuned for more.

@ThembiLeahDanster-yg9pq 3 ай бұрын

Thank you sir From South Africa you really help me

@dpc107 3 жыл бұрын

excellent vid thanks

@BuildBeach 3 жыл бұрын

Well done, Sir. Just subscribed.

@frankanderson3679 3 жыл бұрын

It's a really great video

@sonkalbilginler8438 Жыл бұрын

Thanks for this clear information it was amazing

@ForexSignalsTV Жыл бұрын

Glad you enjoyed the video. Stay tuned for more!

@ranivishwakarma9549 3 жыл бұрын

Thanku so much sir...

@walidwardak7306 Жыл бұрын

I didn't know but now i know and its because of you thanks.

@ForexSignalsTV Жыл бұрын

You are most welcome. Let us know if you need anything else and visit our website www.forexsignals.com to check all the new content.

@therealprince777 2 жыл бұрын

Great video thanks for sharing this knowledge

@ForexSignalsTV 2 жыл бұрын

Glad you enjoyed the video. Stay tuned for more!

@thewalkthrough101 2 жыл бұрын

Great video

@robl417 Жыл бұрын

Very helpful. Thank you.

@ForexSignalsTV Жыл бұрын

You are most welcome, Rob! Stay tuned for more.

@rezat6744 3 жыл бұрын

One of the lesson that i ever seen about indicator and also best way to teaching the subject. Thank u so much sir

@dkct2010 3 жыл бұрын

good stuff thanks

@ganepolamadusanka4713 4 ай бұрын

Thank you

@RavinderSingh-rw1qs 3 жыл бұрын

Excellent

@untitledkg 2 жыл бұрын

thank you.

@mrgovin1285 3 жыл бұрын

Andrew sir u are a fantastic teacher, simple, clear and practical. Thank you

@batmanbtch958 2 жыл бұрын

i have to subscribe i cant resiste a good teacher .go bless you

@ForexSignalsTV 2 жыл бұрын

Humbled Batman, Thank you for subscribing and stay tuned, More to come!

@mrgovin1285 3 жыл бұрын

You sir are a superb teacher teaching with such simplicity and clarity. Thank you so much GOD BLESS YOU

@DennisHellberg 2 жыл бұрын

Yes, he is. Even I learn from him, even though English isn't my first language. That is huge for me =)

@cheliospanama9786 2 жыл бұрын

Really helpful thanks 😀

@ForexSignalsTV 2 жыл бұрын

Glad you enjoyed the video, Chelios. More to come.

@hollywoodent6813 2 жыл бұрын

thank you

@andrewlockwood3924 Жыл бұрын

Love the ATR

@ForexSignalsTV Жыл бұрын

Glad you enjoyed the video. Stay tuned for more!

@sunnyparmar8384 Жыл бұрын

Awesome and🙏🙏 👏👏👏😊 Helpful video Thank you so much❤❤

@ForexSignalsTV Жыл бұрын

Glad you liked it. Stay tuned for more.

@jugoslavnamljidjiu9021 3 жыл бұрын

Excellent video and excellent explanation of the number 1 indicator in forex or stock or crypto, I'm really see you are very good educator for you A+

@ForexSignalsTV 3 жыл бұрын

Thanks for the kind words, Jugoslav! I'm glad you enjoyed it!

@LordARES_15 3 жыл бұрын

Thank you sir😄😄

@ForexSignalsTV 3 жыл бұрын

Most welcome

@broknilstrauss5266 Жыл бұрын

A This is wow! Very clear explaination thank you for sharing this😊

@ForexSignalsTV Жыл бұрын

Thanks for your comment. Stay tuned for more.

@cathaljmusic Жыл бұрын

Great video. Thank you

@ForexSignalsTV Жыл бұрын

Thanks for your comments. Stay tuned for more.

@SolomonOyeniyi 3 жыл бұрын

Andrew, you're a great teacher. Thanks so much.

@rasikenonis1315 3 жыл бұрын

Thanks a lot Andrew. Very informative & simple! Easy to understand

@pedroewert143 3 жыл бұрын

I love calling in the air tonight, great song

@michaeldenzelloo9856 3 жыл бұрын

hahahahahahahha

@Firstmajortomlikestoticker 3 жыл бұрын

This is the best explanation instructional video of ATR on KZfaq 💯Thanks for educating ,a true FREE- JEM💎 given

@ForexSignalsTV 3 жыл бұрын

Very happy to hear that, Foto Guy! Glad you enjoyed it!

@saurabhgope 2 жыл бұрын

Now I understand ATR really well.I was searching the right video from so many days.Thanks for putting it on you tube

@HealthyBodyMagcom Жыл бұрын

Thank you.

@ForexSignalsTV Жыл бұрын

You are most welcome. Stay tuned for more.

@oladipomichaelfolorunsho7411 Жыл бұрын

nice teaching thank you

@ForexSignalsTV Жыл бұрын

You're most welcome Michael, thanks for watching🙂

@SuperTonydd Жыл бұрын

That was great

@ForexSignalsTV Жыл бұрын

Thank you, Tony! Glad you enjoyed the video. Stay tuned for more!

@DennisHellberg 2 жыл бұрын

Wow! I learn so much from this channel. I am really interested in forex and want to try it out. But I am currently in the research phase for the last few weeks as I feel there is so much to learn first. But soon I will try starting with a demo account. Your videos make it fun to learn so thanks a lot =) Best wishes

@DennisHellberg 2 жыл бұрын

Ofcourse you deserve a sub and like for this =) Cheers

@mosesoche7422 2 жыл бұрын

Kudos to you my mentor

@ForexSignalsTV 2 жыл бұрын

Thanks for your comment. Stay tuned for more videos.

@russhorn9031 2 жыл бұрын

As a Forex educator myself, these are my thoughts on the ATR. The ATR shows you the strongest trend when it already over, and it shows you a trend is starting long after it's begun. The way I look at it is if you use the ATR, you are essentially chasing the market. I know people "say" they like it, but I find it to be as useless as any indicator can be. Your targets will be way to big and unreachable when the market slows down, but your stops will be way too tight when the trend is starting. Use the ATR on a demo account for a while and eventually you are going to start seeing the same thing.

@Keanzter 2 жыл бұрын

The ATR is literally the single best indicator in forex trading. I'd argue it's actually ESEENTIAL in every single traders strategy.

@jordanwilliams4264 Жыл бұрын

Why are you trading during periods of low volatility anyway? The ATR isn't used to identify trends, it's a volatility indicator.

@richardmashamaite Жыл бұрын

Go find an indicator that can help you with identifying trends, that's not the job of ATR.

@thatpanamahatlife1497 Жыл бұрын

I follow Russ' strategies and he knows what he is doing, as does ForexSignals Tv. That's the beauty of Forex trading. There are so many different ways to approach it, and still be successful. All profit to you Folks!

@walidwardak7306 Жыл бұрын

I made an indicator only using atr and the signals for takeprofit and stoploss are the best and it also tell me where the market is going next i know it’s not enough but if you use it as something else it will show you the market trend

@akilashyam8350 10 ай бұрын

❤ sir everything in one......

@ForexSignalsTV 10 ай бұрын

Thanks for watching Akila

@bookbearerplus 3 жыл бұрын

Excellent training, thanks!

@mikehardwicke23 3 жыл бұрын

Excellent - free too! (Is this man a Philanthropist?).

@ashleybuchalter8265 3 жыл бұрын

Great explanation Andrew, thank you. What back testing software are you using?

@traderjourney379 3 жыл бұрын

Hi Andrew, thanks very much appreciated effort on this presentation. I'm still on a way of learning process... I just want to ask what is your back-tester and is it free?

@itpl5050 3 жыл бұрын

SIMPLY AWESOME ANDREW..... LOVE FROM INDIA

@jurgendirknel9490 2 жыл бұрын

Best ATR explanation I have seen after watching a lot of videos........ by a million miles. Thanks a lot.

@ForexSignalsTV 2 жыл бұрын

Glad you enjoyed our videos. Stay tuned for more.

@catherinejohn572 3 жыл бұрын

A very helpful video. I love it

@ForexSignalsTV 3 жыл бұрын

Glad it was helpful!

@garyrobertson5377 3 жыл бұрын

Great video and useful to adopt within your strategy. Following Forex Signals daily on the Live Streams as well as other trader insights and a really great place to develop your skills. Keep up the good work Andrew and the team

@worldnaturebeauty4209 5 ай бұрын

sir i like this strategy

@amnazmussakib8280 Жыл бұрын

You are grate!!😃

@ForexSignalsTV Жыл бұрын

Thank you Sakib🙂

@carlo9524 3 жыл бұрын

I use the ATR Value one candle back because the current candle did not close yet so the range of the current candle is not yet a finalized.

@yashwani8793 3 жыл бұрын

Thank You Master 😊❤️

@ForexSignalsTV 3 жыл бұрын

My pleasure!

@stephennn403 2 жыл бұрын

Can you make a video for day trading, how to calculate the atr exactly like this video but for day trading us market ?

@eddi3159 3 жыл бұрын

What timeframe is best to use ATR?

@mohamedadel-ny8rc 3 жыл бұрын

Could you make a video about how to identify ending of pullbacks because i'm trend follower and don't know when pullbacks end

@markwalker5295 3 жыл бұрын

Question: if the ATR "tracking line" flattens out in the middle of it's range, plateaus - so to speak- as the example seems to show @ 06:39, would that just indicate a consolidation period with a high range? or can that not happen? edit 2nd question...

@rockrockstar5537 2 жыл бұрын

nice

@ForexSignalsTV 2 жыл бұрын

Glad you enjoyed our videos. Stay tuned for more.

@leonidaszamora3439 3 жыл бұрын

What time frame are you using?

@shaniii3645 2 жыл бұрын

loe.it.i.will.try

@pierreibrahim3483 2 жыл бұрын

do you think we can use a hedging strategy if the market goes sideways instead of SL??

@PrinceMGolds Жыл бұрын

sir plz make a detailed video on 1:5 trading strategy

@ForexSignalsTV Жыл бұрын

Hey Prince, you may go to www.forexsignals.com to find all the information, videos and content that we have for you.

@dpc107 3 жыл бұрын

So do you typically use a 1 ATR stop or 2?

@markjackson8261 Жыл бұрын

Ive been trading pre race betfair markets for years, so I get whats going on with forex trading, the problem I have at the moment is trying to work out the software, have you a video for instance on , how to physically put on a stop loss, how to set a trading out target profit and how to scale out. I would really appreciate that, thanks

@ForexSignalsTV Жыл бұрын

Chat with us on our website to know how you could consult our analysts and other traders inside the Trading Room: www.forexsignals.com

@chinenyeozowara2196 2 жыл бұрын

What backtesting software did you use boss?

@rudolfnel5934 2 жыл бұрын

any suggested method to use atr to trade false breaks

@princearies6793 3 жыл бұрын

What time frame are you using

@samahdy 2 жыл бұрын

Excellent video (!) but I'm curious if the Australian gentleman understands what "Dodger Blue" is referring to?

@carlo9524 3 жыл бұрын

Phil are you saying that a Risk Reward strategy is not a long term profitable one?

@RenanMarkBruzola 3 жыл бұрын

I love your mouse.

@forexsignalstv4898 3 жыл бұрын

thanks ryan.

@michaeldenzelloo9856 3 жыл бұрын

Here from NNFX

@jackkega3100 Жыл бұрын

And which is best indicator to determine ranging market

@ForexSignalsTV Жыл бұрын

Great question! Feel free to start your 7-days free trial for more information. Here is a link: www.forexsignals.com/#register-tab

@Olanrewajuonisuru 3 ай бұрын

i am a beginner, i am trying it hard to follow the video step by step. please any solution for the video alignment

@ruthwanjugu8630 3 ай бұрын

Hi am in Africa (Kenya) please teach me how to do trading please

@paulbrown5839 2 жыл бұрын

Why do you use 14 periods for ATR? i know its standard but surely you should consider the timeframe you are trading, and the average length of your trade? If on average im in a trade for 15 minutes, should i really calculate ATR going back more than 15 minutes?

@nozzer2002 2 жыл бұрын

Great point you made ! why 14 period????