🚨 ATR Indicator — your volatility compass!
ATR (Average True Range) measures the average price range over a period.
$BTC ATR(14) = 184.31. This means that on average the price moves $184 per candle. The higher the ATR, the stronger the moves and the higher the risk.
How to use:
· Stop-loss: place it no closer than 1×ATR from your entry—otherwise you’ll get stopped out by noise.
· Take-profit: aim for at least 2×ATR for a good risk/reward ratio.
· Position size: the higher the ATR, the smaller the lot.
Right now BTC is at $85,334 (+0.58%), RSI is 65—there’s upward momentum, but volatility is increasing. Consider ATR before entering!
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