Anikit no secret, just add ATR(20) to current LOD
or substract it from Current Hod for lower side
The assumption is we will get an range similar to average
But just don't put too much faith on it after all its derived from an average and based on an assumption :thumb:
or substract it from Current Hod for lower side
The assumption is we will get an range similar to average
But just don't put too much faith on it after all its derived from an average and based on an assumption :thumb:
Btw..have you ever used this in live trading? I mean how successful is this assumption to trade ? Have you ever used it as a yardstick to trade?
Do let us know.
Happy Trading