Understanding ATR - How Powerful is it for Traders?

► Free Mechanical 'Rules' Video Course: workshop.wbtrading.co.uk/mast...
The ATR is one of those indicators that plenty of traders mention, but they never explain how to use it effectively. Today we'll cover how the ATR works, look at some applications, and I'll give you my thoughts on how useful it is...
If you're new to the way I trade, I use mechanical rule-based strategies, or in other words I wait for my setup to form, I place the trade and walk away. Set and forget.
What amazes me is that so many traders out there don't even know this way of trading exists, they think you have to guess, predict and blindly hope for the best when trading, whereas I look for repeating price patterns and setups within markets and before ever placing a trade I test these, often going back through the charts by-hand across years of data and I prove that the setup offers an opportunity to profit regularly by building statistics on the performance of each setup and when this is done, I then implement rules, create a strategy and trade the setup/s.
This is exactly what you'll see me doing in the above video;
The GBPUSD setup occurs giving us a short signal, a place to put our stop and a target to place our take-profit at, and all we do from there is take the trade and sit on our hands.
Genuinely, trading CAN be this easy...
🌐 Visit My Website ► www.wbtrading.co.uk/
📚 Best Trading Books ► bit.ly/BestTradingBooks
📧 Contact me ► [e-mail]
🔵 / wbtrading
Disclaimer:
All content is for informational purposes only. Nothing on this website should be interpreted as “advice”. I make no representations as to the accuracy, completeness, suitability or validity of any information on this site and will not be liable for any errors or omissions or any damages arising from its display or use.
Neither William Brown nor the company WBTrading™ offer any financial advice whatsoever within any information supplied, be that coaching calls or strategy guides, nor are either qualified to do so. Any person undertaking either does so with the understanding that the information supplied is simply a guide to demonstrate how William Brown trades the strategies he has devised.
All information supplied is done so in a non-professional environment and is for information-purposes only, and neither William Brown nor WBTrading™ hold any responsibility for any financial winnings or losses incurred as a result of this information. Nothing should be interpreted as “advice”.
There is a risk of loss in trading financial instruments and trading these instruments may not be suitable for all investors. Please trade with capital you can afford to lose. Past performance is not indicative of future results.

[@lochan544]

Very informative

[@zakariyaalkindi7313]

It is really very hard to get into the course , unnecessary information needed
If you have direct link for payment please provide it a