Question: How to profit from the ATR indicator?

Question: How to profit from the ATR indicator?

Answer

There are several ways to benefit from using the ATR. A simple method is to open a position whenever the price moves more than 1 ATR from the previous session's closing price.This works because usually when the price moves more than 1 ATR it is because there has been a change in volatility, and usually the asset will follow a continuous movement in the same direction.The ATR can also be used anytime from 1 minute to 1 month, which makes it useful for any type of beginner trader or professionaly trading accounts .