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Acmillions Double ATR Bands
Double ATR Bands
ATR can be used to calculate stop loss and take profit
Recommended to take action one candle after the current candle
hits the support or resistance.
Long position
Inner green line - take profit for long position
Outer red line - stop loss for long position
Short position
Inner red line - take profit for short position
Outer green line - stop loss for short position
Cheers and happy trading. ^_^
ATR can be used to calculate stop loss and take profit
Recommended to take action one candle after the current candle
hits the support or resistance.
Long position
Inner green line - take profit for long position
Outer red line - stop loss for long position
Short position
Inner red line - take profit for short position
Outer green line - stop loss for short position
Cheers and happy trading. ^_^
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