How To Use The Average True Range For Beginners (MUST KNOW SECRETS)

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The Trading Channel (The Trading Channel)

The Trading Channel (The Trading Channel)

Күн бұрын

Пікірлер: 290
@thetradingchannel
@thetradingchannel 3 жыл бұрын
EXTREMELY IMPORTANT PSA: There are a number of accounts using our name and profile picture to pretend to be me and steal money from viewers. 1 - I do not have a Telegram, Whatsapp, or Discord account. 2 - I will NEVER ask you for money. 3 - I will NEVER ask for money/cryptocurrency and say I will trade for you. 4 - I will NEVER ask you for a payment in any cryptocurrency. 5 - DO NOT COMMUNICATE WITH THESE ACCOUNTS. They are pretending to be me and trying to steal your money. I currently have two full-time employees that delete these comments daily. But, some still get through. So, please be extremely careful and never give someone cryptocurrency or money that is pretending to be me. AGAIN, I DO NOT HAVE A TELEGRAM, WHATSAPP, OR DISCORD ACCOUNT, I WILL NEVER ASK YOU FOR MONEY OR TRADE FOR YOU, I WILL NEVER ASK YOU FOR A PAYMENT IN CRYPTO. DO NOT COMMUNICATE WITH THESE ACCOUNTS. Also, there are a number of fake IG accounts doing the same exact thing. The ONLY Instagram accounts we run are @stevenkiethhart and @thetradingchannel anything else is not me/us. Other than that, I hope you enjoy the video! If you want to learn from us and would like to learn more advanced material then join our VIP training course/program. Go to www.eaptrainingprogram.com PROGRAM INCLUDES: Full training course (beginner to advanced) Technical analysis training Full rules-based Strategies Risk management training Strategy optimization training Backtesting training Weekly analysis video (each Monday) 3 to 5 email alerts each week Pro Trader Report (email of analysis) Priority email mentorship (Me personally answering your questions) Review videos FREE Spreadsheet for backtesting Advanced AP1 pattern training Advanced Double bottom/top training And much much more... For any questions about the course email - support@thetradingchannel.net PROGRAM ACCESS - www.eaptrainingprogram.com Talk soon, Your honest trading coach, Steven
@andrew.orebus
@andrew.orebus 3 жыл бұрын
FINALLY after the 5th time rewinding back and taking notes I FEEL COMFORTABLE USING ATR. You are a great teacher, tks
@Thevlogg1
@Thevlogg1 10 күн бұрын
every one is looking for getting more view, they don't teach you nothing. but you YOU'RE A GREAT TEACHER: BIG thank you!!!
@wzysk12
@wzysk12 4 жыл бұрын
This has Increased my Accuracy and Consistency 10 FOLD In Sane how accurate this will get when done right,, i had other rules but once i added the ATR BOOM like MAGIC
@alvinleandro5794
@alvinleandro5794 3 жыл бұрын
I guess Im asking the wrong place but does someone know of a way to get back into an Instagram account..? I was stupid forgot my account password. I love any tricks you can give me
@budjelbastra
@budjelbastra 4 жыл бұрын
Just when I got confused of how to improve my trading strategy, this video gave me a whole new idea. Thanks a lot Steve...God bless...
@aymanazad7851
@aymanazad7851 3 жыл бұрын
Believe me This channel is more clear and precise for forex trading. Thanks a lot for good content.
@scottcunningham-ys4yg
@scottcunningham-ys4yg Жыл бұрын
Thanks for explaining this in a simple manner, great stuff!
@thilowest
@thilowest 3 жыл бұрын
Best video I seen on the ATR. Thank you for the content.
@MegaPlayboy1999
@MegaPlayboy1999 4 жыл бұрын
On the grand scheme of things, once you understand the potential of forex and crypto, you can bet on it but I think people need the knowledge to fully understand.
@GeorgeP178
@GeorgeP178 11 ай бұрын
THIS IS ONE OF THE BEST VIDEOS YOU CAN FIND ABOUT STOP LOSS! It helped me a lot, i finnaly make some profit with your strategy thank you a lot!!!
@Thegreatgamer101
@Thegreatgamer101 3 жыл бұрын
I've watched like 15 videos of the ATR indicator, this was the one that actually made me understand how it works. Thanks. I'm interested in becoming a day trader, and one thing that always gets me is how the hell I'm going to be able to trade any stock in the 1 minute and 5 minute chart when such rapid movements take place. I have to pay attention to the indicators, candle patterns, set my stop loss and profit target...all in a matter of minutes or I might miss the move. I'm guessing It'll come with practice, right?
@bjornstevens11
@bjornstevens11 2 жыл бұрын
How has it worked out till now?😁
@Drust_fit
@Drust_fit Жыл бұрын
Has it worked out yet
@mrgovin1285
@mrgovin1285 4 жыл бұрын
Omg, Stephen u really can read our minds. Not many gurus teach us with clarity how to read ATR,, 2ndly how to use ATR for breakout ND LASTLY ATR with RSI divergence. Such valuable info u have given us thanking you and extremely grateful for your videos. GOD BLESS YOU ,,
@tamicadamier8267
@tamicadamier8267 4 жыл бұрын
Hi i am a beginner and am soo happy i found your channel🙏🏽🙏🏽 thank you.
@torokmark3180
@torokmark3180 4 жыл бұрын
Yeah my first investment with Expert Consultants gave me profit of over $24,000 US dollars and ever since then the have never failed to deliver and I can even say there are the most sincere broker I have known
@channeladmin-youtuber5175
@channeladmin-youtuber5175 4 жыл бұрын
To be honest i don't know how they get their signals and analysis but they are top notch. The have a good record of winning 9 out of 10 trade they made . Thats pretty impressive
@kelvintorok8557
@kelvintorok8557 4 жыл бұрын
My account is currently $ 120,000 , that is what i made from investing $25,000 with Expert Consultants
@grahamstephan2967
@grahamstephan2967 4 жыл бұрын
I'm glad i came across this comments . Its a good thing for me because i have been wanting to do this bitcoin trading but i don't know how or where to start from. Thanks guys for this recommendation.
@thedigitalreview7243
@thedigitalreview7243 9 ай бұрын
A bigger candle than the ATR for momentum is really good thank you
@ajinkyababar6072
@ajinkyababar6072 4 жыл бұрын
You are awesome Steve! Loved the concept of Momentum candle 🔥
@juanspencer5355
@juanspencer5355 3 жыл бұрын
another great vid steve. one of the best forrex educators on youtube. ^_^
@GlenLaConey
@GlenLaConey 4 жыл бұрын
I always enjoy Steven's presentations. Another job well done. 👋👋👋
@doctorae724
@doctorae724 3 жыл бұрын
Thanks for divulging this info. As you know, there are many different takes on this topic, but your take is right up my alley. My trading arsenal is now complete.
@keithknight6745
@keithknight6745 4 жыл бұрын
I love your videos and you make it very simple in reading the charts
@andrewcartwright3339
@andrewcartwright3339 4 жыл бұрын
Thanks for watching, Get in touch with my manager on WhatsApp or through text message regarding to make millions for you in Bitcoin +1...2...0...1...2...0..1...8..0...9.6 She's excellent at what she does, tell her i referred you to her. Her strategies are top notch.🇲🇾🇲🇾🇲🇾🇲🇾🇲🇾
@g.sinclair5174
@g.sinclair5174 3 жыл бұрын
This was an excellent educational video. Well done. Coming at you from Puerto Rico.
@DekeMobile
@DekeMobile 5 ай бұрын
Thank you this is exactly what i was looking for
@nikhil0026
@nikhil0026 Жыл бұрын
Thank you soo much bro I understand it well I learned a new chapter today ❤
@jeanpierremuhire890
@jeanpierremuhire890 2 жыл бұрын
waouh! Steven you are genius. I am life time member of EAP program, you have awesome courses there but I learnt something new and yet powerful in this video. I am used to use ATR for setting stop loss always but now I got how to use it for breakout and for reversal with combination of RSI. Thanks a lot. For position and transition traders, ATR can also used to trail your stop loss and or to ride a trend. Thanks
@nayeemuddinmogal7433
@nayeemuddinmogal7433 2 жыл бұрын
Hi
@afikilemanyamalala909
@afikilemanyamalala909 2 жыл бұрын
Thanks man 😊👍🏽🙏🏾 This is what I've been looking for
@onojaemmanuel5083
@onojaemmanuel5083 4 жыл бұрын
This is a great video, wish to download more of this video. Thanks
@ronredmond
@ronredmond 4 жыл бұрын
Is the ATR concept the same for Futures and Stocks?
@jennyimm2175
@jennyimm2175 Жыл бұрын
This is the best video on ATR
@kenmeadows8162
@kenmeadows8162 4 жыл бұрын
Great content as always. Just one question, how do you work out the ATR value on gold???? Please.
@andrewcartwright3339
@andrewcartwright3339 4 жыл бұрын
Thanks for watching, Get in touch with my manager on WhatsApp or through text message regarding to make millions for you in Bitcoin +1...2...0...1...2...0..1...8..0...9.6 She's excellent at what she does, tell her i referred you to her. Her strategies are top notch.🇲🇾🇲🇾🇲🇾🇲🇾🇲🇾
@vereen72
@vereen72 3 жыл бұрын
Thank you for this because I'm still a novice at trading and charting and this helped me learn how to set up an entry and exit strategy as well as what drawing tools to use.
@fluo69
@fluo69 Жыл бұрын
how is it going i am finishing this playlist for beggineers traders
@handlehouseflamingknights6913
@handlehouseflamingknights6913 Жыл бұрын
Yhis was a fantastic video!!! Thank u so much!!!
@DimezProductions
@DimezProductions 4 жыл бұрын
Your comments section is scammed with lovers 😂 Going to defo use the ATR in my trading awesome video Steven!
@deeapplesignaturestv1497
@deeapplesignaturestv1497 4 жыл бұрын
Your and Shaw Academy and all my mentors are going to make me a millionaire soon🤑 keep the knowledge coming.. making more profits now more than ever !!
@sollymahlaule2348
@sollymahlaule2348 3 жыл бұрын
Great value from this video, thank you so much.
@patricklucas8008
@patricklucas8008 4 жыл бұрын
Your very informative. Thanks for the great videos
@davedave3447
@davedave3447 3 жыл бұрын
Thank you Steve.
@lucreziamorganti9115
@lucreziamorganti9115 2 жыл бұрын
Very useful I’m grateful thank you!!!👍👍
@chidiebereanyanwu5521
@chidiebereanyanwu5521 3 жыл бұрын
I like the way you teach, thank you.
@mohammedinsaf3970
@mohammedinsaf3970 4 жыл бұрын
Woah such a great idea. I have already used ATR. But never thought these 3 ideas! I should master!!
@andrewcartwright3339
@andrewcartwright3339 4 жыл бұрын
Thanks for watching, Get in touch with my manager on WhatsApp or through text message regarding to make millions for you in Bitcoin +1...2...0...1...2...0..1...8..0...9.6 She's excellent at what she does, tell her i referred you to her. Her strategies are top notch.🇲🇾🇲🇾🇲🇾🇲🇾🇲🇾
@marygale-manuel5514
@marygale-manuel5514 4 жыл бұрын
Good discussion, i understand a little better now.....😁
@bullmediatv827
@bullmediatv827 3 жыл бұрын
Valuable tips from you sir,i much appreciate that for my stock
@privat986
@privat986 2 жыл бұрын
Good content! Thanks!
@liamhoward2208
@liamhoward2208 3 жыл бұрын
great way to use the ATR!!
@JayHennigan
@JayHennigan 4 жыл бұрын
Great presentation & content again Steven. Thanks for the free videos, that's hella cool of you bro 🙏🏼
@brittanyratchford3750
@brittanyratchford3750 3 жыл бұрын
Thank you so much for this video!
@jorni3642
@jorni3642 3 жыл бұрын
But bro I got a doubt🤔 in ur old video u said if the candle atr is bw 1-2 atr then it's false breakout. But here u r saying it as momentum candle🤯 sm1 clear👍
@ahamedjasim4634
@ahamedjasim4634 3 жыл бұрын
I had the same doubt and I just realized this only works for bullish trades. only if a break below candle is between 1 and 2 ATR, it signifies a false breakout and you can go long. But the same isn't true for a break above candle. If the break above candle is between 1 and 2 ATR, it shows momentum to the upside and you still go long.
@ralphaelconfer9719
@ralphaelconfer9719 4 жыл бұрын
Thanks so much!! You just cleared up a lot for me. But why do you use 14 ATR and not 10 ATR ?
@Artemis-xq8bx
@Artemis-xq8bx 3 жыл бұрын
Thanks for the efforts you put in your videos!
@mdumakhosini6128
@mdumakhosini6128 3 жыл бұрын
Gold... This are actually must know secrets
@bookbearerplus
@bookbearerplus 4 жыл бұрын
Excellent training, thank you!
@andrewcartwright3339
@andrewcartwright3339 4 жыл бұрын
Thanks for watching, Get in touch with my manager on WhatsApp or through text message regarding to make millions for you in Bitcoin +1...2...0...1...2...0..1...8..0...9.6 She's excellent at what she does, tell her i referred you to her. Her strategies are top notch.🇲🇾🇲🇾🇲🇾🇲🇾🇲🇾
@akporuarhoogagakings
@akporuarhoogagakings Жыл бұрын
Men you have rebrand me, am no longer the losing trader I use to to be
@argelysn.2378
@argelysn.2378 8 ай бұрын
I don't know how many gems this guy has drop over the year. This last video i wish i would of seen sooner. I had a winning strategy but often fumble the entry and exit. I will take his course even though i have been consistent profitable for a few months. I believe it will multiple my gain this atr addition has don't just that. Watch his volume video with the 50ma as a filter that alone made me close green most days
@jonasherman9195
@jonasherman9195 3 жыл бұрын
Great video!
@kihiu100
@kihiu100 3 жыл бұрын
Great presentation on ATR. Brief and clear
@embdk3558
@embdk3558 3 жыл бұрын
Third rule is a great rule, thanks
@cycleofficial4744
@cycleofficial4744 9 ай бұрын
A question to the community: the last high or low swing usually is present in several different time frames. Which time frame do I use for the ATR value since they differ a lot and why ? Thank you !
@emmapablo7321
@emmapablo7321 3 жыл бұрын
succinctly explained.. thanks so much
@kakashi99908
@kakashi99908 2 жыл бұрын
After doing a bit of research a PIP is used pretty much exclusively for currency exchanges. For regular stocks you don't consider ATR in terms of "pips" it is just a dollar amount of how much the stock is trading per day.
@DtradesFX269
@DtradesFX269 Жыл бұрын
wrong. its called points.
@ArashSalem
@ArashSalem Жыл бұрын
Very valuable, thank you.
@MS_SocialHub
@MS_SocialHub 2 жыл бұрын
Dear sir, Hi, Fantastic tutorial for beginner. pls keep cont... sir I want to some advice form your side i m new in forex trading so pls tell me which tutorial is good for me as a beginner from your KZbin CHANNEL...... GOD BLESS YOU ALWAYS..🌹🌹🌹
@rikodewaner
@rikodewaner 3 жыл бұрын
I prefer SMA of last 14 candle size, so I see ATR period to 1 and add an SMA to the ATR, and then add other longer SMA(70) of the ATR. I use whichever the lowest between short and longer SMA.
@omkarrudrakar6476
@omkarrudrakar6476 4 жыл бұрын
Thank you sir👍👍👍.
@TCvoice
@TCvoice 4 жыл бұрын
Hi Steve. Thanks for your videos. I wonder how can I read the ATR of (NDX or NQ )
@jimigramp8584
@jimigramp8584 4 жыл бұрын
can you explain why you like 1:1.5 RR and how well it works for you?
@SzymonWasiak
@SzymonWasiak 3 жыл бұрын
Thank you for your VIDEO !
@Datjay
@Datjay 7 ай бұрын
How do you use the ATR to set a stop loss for Gold and but the way your content is very effective and keep doing your good work
@abdulrahmanmsusa9225
@abdulrahmanmsusa9225 3 жыл бұрын
The best channel ive ever come across so far, the explanations are just crystal clear n enjoyable like am watching a movie. Thanks ur the best instructor 💯🔥🔥❤
@Lizzy_Lane
@Lizzy_Lane 3 жыл бұрын
Thank You!!
@karimnawfal1641
@karimnawfal1641 4 жыл бұрын
What do I have to do to get a definite strategy for my trading because most of these strategies always feel easy on youtube and in tutorials but not so in my live trade.
@karimnawfal1641
@karimnawfal1641 4 жыл бұрын
Please I’m having real issues with my trades, no matter how much I try to believe I’m improving, my account isn’t improving.
@billypepper6232
@billypepper6232 4 жыл бұрын
Making a consistent profit off trading forex definitely requires help from those professional traders who have come before us.
@billypepper6232
@billypepper6232 4 жыл бұрын
I’ve been a trader for close to 4 years now and I have professionals who guide me through and I’m in an MAM (multi account manager) account, managed by a pro trader John Davis. No trader works alone including this one you just watched his video, there’s always a team of professionals by the side to assist and share ideas with.
@karimnawfal1641
@karimnawfal1641 4 жыл бұрын
@@billypepper6232 so how does this multi account manager work?
@billypepper6232
@billypepper6232 4 жыл бұрын
@@karimnawfal1641 (multi account manager) accounts allow fund managers who should be professional traders to manage multiple accounts from one account. And the performance of the MAM account manager is distributed among the managed accounts on an interval of at least 4 weeks with a percentage of 30% and 70% between the manager and the client in favor of the client.
@Gee009tic
@Gee009tic 3 жыл бұрын
Steven , a big thank you in your methods of teaching ... How do measure the big Candle Stick to know the amount pips ?
@titanian2141
@titanian2141 4 жыл бұрын
Very helpful 🤝
@Alonnaemeka
@Alonnaemeka 11 ай бұрын
i love you, please keep it up
@richardmushi5090
@richardmushi5090 4 жыл бұрын
Powerful strategy thanks a lot
@kalput321
@kalput321 3 жыл бұрын
Hi Steven! great job, I had a question for you, as you say candle value should be greater than 1 ATR in case of Break out then what is the ratio of candle value and ATR value if the break out is false?
@hassanabdille5995
@hassanabdille5995 4 жыл бұрын
What about Gold please? How can i find the ATR of Gold?
@MatsuuraTaiki
@MatsuuraTaiki 3 жыл бұрын
Can you please explain Gold pips?
@harolddavids1842
@harolddavids1842 Жыл бұрын
Thx Boeta Steven
@SeanAlgaze
@SeanAlgaze 2 ай бұрын
This was sick
@victorleander2616
@victorleander2616 4 жыл бұрын
Hi what forex app are you using
@nathanvandusen2166
@nathanvandusen2166 2 жыл бұрын
Looking for a good charting platform. Any recommendations?
@vathsaltammewar2264
@vathsaltammewar2264 2 жыл бұрын
can we use the exact strategy for stop losses and targets using ATR in stock exchanges too??
@davedave3447
@davedave3447 3 жыл бұрын
Steve,Can you please let me know how to count ATR for Bitcoin
@joselozano41
@joselozano41 4 жыл бұрын
Correction, the ATR is the average of the true range (its a more complex calculation of the pips in between the high and low while taking into account closing price, wiki explains it pretty well) of the last X amount of candles
@witty_net
@witty_net 4 жыл бұрын
So what is your point? Could you please explain further?
@harrischris5782
@harrischris5782 4 жыл бұрын
Oponu
@ramanaven2001
@ramanaven2001 2 жыл бұрын
Nice thanks
@marynaabdali
@marynaabdali 3 жыл бұрын
Now I am lost. In previous videos you explained that false breakout candle should be more than 1ATR and also between 1 and 2ATR. In this video real breakout candle is more than 1ATR. How to recognise the difference between false and true in this case?
@ahamedjasim4634
@ahamedjasim4634 3 жыл бұрын
I had the same doubt and I just realized this only works for bullish trades. only if a break below candle is between 1 and 2 ATR, it signifies a false breakout and you can go long. But the same isn't true for a break above candle. If the break above candle is between 1 and 2 ATR, it shows momentum to the upside and you still go long.
@uknasa007
@uknasa007 4 жыл бұрын
12:10 - amazing
@manastanna8992
@manastanna8992 2 жыл бұрын
What is the ATR for commodity trading. Is it the same as Forex ?
@leviprentice5689
@leviprentice5689 2 жыл бұрын
I know you said to cancel out the final number in the decimal. BUT if it was higher than 5 could you use it to round up e.g 0.00456. . . .would you round it up so its 0.0047 or keep it to 45 ?
@shinleong
@shinleong 3 жыл бұрын
ATR can be use in stock, crypto or indices?
@motivationinnovation3997
@motivationinnovation3997 4 жыл бұрын
Brilliant man!!!!!
@saurabhutekar8436
@saurabhutekar8436 2 жыл бұрын
Hey Steven, How to read ATR on USOIL, GOLD charts since there the ATR value is always like 4.1 or something?
@nunovurbiznis
@nunovurbiznis Жыл бұрын
Great easy-to-understand vid! Does this method work for crypto as well? If so, what time frame should I use on RSI and ATR?
@daliteplace7510
@daliteplace7510 3 ай бұрын
Only pip measure the body? What about measuring small body with long wicks?
@yumnaalbar7319
@yumnaalbar7319 Жыл бұрын
Hi, I'm trying to draw something on y TradingView chart, but it's not working. I selected the horizontal line icon and clicked and dragged the cursor hoping to draw a line, but nothing happens. Any idea?
@jangel6176
@jangel6176 2 жыл бұрын
hi there how much are ur training courses for beginners
@kevinkerr7198
@kevinkerr7198 3 жыл бұрын
Does this strategy work on any period of time?
@zainakbar6358
@zainakbar6358 4 жыл бұрын
does this apply in stock trading as well or is it only in forex?
@ProgressiveEconomicsSupporter
@ProgressiveEconomicsSupporter 4 жыл бұрын
Thank you for this additional ATR video, sharp and concise - love your style!! When will be next voting for best KZbin Trading Channel?? 😎
@markhoulahan8568
@markhoulahan8568 Жыл бұрын
Were do you get the 18 pipes from
@sharaycrain
@sharaycrain 2 жыл бұрын
Great video Can you show me how to calculate the ATR for a stop loss on commodities and indices
@MegaDilanka
@MegaDilanka 3 жыл бұрын
Sir great explanation..in this ATR value case every time we consider only the decimal values..what happend this type of ATR value, 3245.1239 in here we consider 3 decimal points and get the pip value as 23 is it correct??
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