You have to be open minded and accept that others are capable of doing well with other charts, slower or faster. My setup is: 15min 60min Daily Weekly Joe, and yes I'm a swing trader
How many ticks do you like? Different for each contract? I apologize if these are coming off as noobish questions...:eek:
Here... Take a 480 period ATR on a 15m chart...then take 128 ema of the ATR. This result will give you the ideal rangebar setting. this is no way a noobish question... RangeBars will open up a whole new world of trading for you. good Trading to you..(remember you found this out on EliteTrader when you become a master trader) ES
Very interesting... I was doing the opposite and getting garbage (ATR and other volatility/money flow indicators in the 5 minute, price and system algos on the 500 volume or 4 tick). Thanks for the insight... I'll go do this now.
Just curious, Isnt the ATR expressed as a MA by default? Or are you creating a custom indicator to smooth out the somewhat smoothed ATR?
I've never seen an ATR as a MA... it's a volatility indicator, helpful for filtering and staying away from MM's on high volume contracts.