Tutorial | How To Use ATR & Volume Profile To Project Highs/Lows
There are many ways to project price levels when looking at uncharted territory (e.g. new highs). Elliot Wave, Gann, fractals, Fibonacci, or a measured move, all are methodologies that can provide levels to watch to predict range expansion when there is no price to reference.
In this lesson, I show how to use another approach, utilizing the 7-Day Average True Range (ATR) and the prior session Point of Control (POC).
Settings
ATR
Period: 7 Day
EMA
P.S. I didn't mention in the video, but check out how well an ATR Projection worked leading into Jackson Hole Friday. 4470 prior day POC to a high the next day at 4510. I went to California schools, so math ain't my strong suit, but I think that's 40 points or 1 ATR.
In this lesson, I show how to use another approach, utilizing the 7-Day Average True Range (ATR) and the prior session Point of Control (POC).
Settings
ATR
Period: 7 Day
EMA
P.S. I didn't mention in the video, but check out how well an ATR Projection worked leading into Jackson Hole Friday. 4470 prior day POC to a high the next day at 4510. I went to California schools, so math ain't my strong suit, but I think that's 40 points or 1 ATR.
Anmerkung
Anmerkung
Ding, ding - ES almost hits 4546, the ATR projected high, in the next day session. 8/30 Daily High print 4542.25NQ exceed 1ATR move to high print of 15677, more than 1 ATR move.
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👉 Tired or blowing-up futures prop funding accounts? Get my FREE ebook Prop Done Right
tradersdevgroup.com/e-book/
✅Let's trade futures live together using the TradingView platform: tradersdevgroup.com/ptr-trial/
tradersdevgroup.com/e-book/
✅Let's trade futures live together using the TradingView platform: tradersdevgroup.com/ptr-trial/
Haftungsausschluss
Die Informationen und Veröffentlichungen sind nicht als Finanz-, Anlage-, Handels- oder andere Arten von Ratschlägen oder Empfehlungen gedacht, die von TradingView bereitgestellt oder gebilligt werden, und stellen diese nicht dar. Lesen Sie mehr in den Nutzungsbedingungen.