ATR Model - Video Walk-thru on v1.1 changes (Patreon)
Published:
2023-11-22 00:15:29
Imported:
2023-11
Content
Here is a quick update on ATR v1.1 - I find it a joy to use daily.
- Calculation: The model takes a few seconds to calculate due to the complex calculations involved. So hit refresh or wait a few seconds for data to crunch.
- Refresh: If lines are not visible, refresh the browser.
- Anchor Point: Anchor points are crucial for model tuning. The model uses historical data as an anchor, typically from the all-time high (ATH) or at least 12-18 months back.
- Trigger and Signal Toggle: The most important feature is the signal models - Trend or Deviation (like the Mean Reversion model)
- Model Suitability: ATR is a simple model suitable for traders who cannot monitor the markets constantly. It is designed for daily or weekly trading and helps identify tops, bottoms, dead assets, support, and resistance levels, stop losses, and exit layers. It also highlights bear markets with a red background.
- Testing Sheets: Can be found on Discourse Indicator Support (available for Indicator subscribers only)
- Deck I used today is also on Discourse as PDF (available for Indicator subscribers only)
- ALERTS: We ll have them in the next version. It’s a very complex series of alerts to create. Should have it out in a week