Question: What is the best setting for the atr indicator?

Question: What is the best setting for the atr indicator?

Answer

Finding the right setting for trading with the atr indicator depends on how you trade and what type of trader you are. For example, if you are an intraday trader and your trading style is buy and sell by scalping, it is then preferable to use parameters for the short term, namely over 3 5 or 7 periods. Conversely, if you are an investor who invests his money for a long period, you can use an atr flag parameter with a periodicity or long term value.