Topic: How to make simple ATR strategy
I want to make ATR based strategy. It is very simple, but my head can not work out how to use already made ATR indicators for this. Please help
I want to enter in the market when candle is bigger let's say by 1.5 than average true range. I saw that "Average True Range" indicator have level line, this is ok for me, but it has static "Level points", what I do not want, I want to make it more dynamic and compare by times or percentages. Is there some work around? Or it must be programmed individual custom indicator for this?