📊 Simplified explanation of the ATR indicator:
■ Many traders lose their trades not due to a wrong direction, but because they set tight stop losses that can't handle the market's natural fluctuations.
■ This is where the ATR, or 'Average True Range,' comes into play. It's one of the best tools to help understand the strength of price movements and their volatility.
■ The ATR indicator doesn't determine if the market is bullish or bearish; it merely measures the size of the movement and volatility.