ATR setting based on - Index Futures Trading | futures trading

Go Back

> Futures Trading, News, Charts and Platforms > Traders Hideout > Index Futures Trading

ATR setting based on
Started:October 17th, 2014 (09:14 AM) by mdsvtr Views / Replies:221 / 1
Last Reply:October 17th, 2014 (09:14 AM) Attachments:0

Welcome to

Welcome, Guest!

This forum was established to help traders (especially futures traders) by openly sharing indicators, strategies, methods, trading journals and discussing the psychology of trading.

We are fundamentally different than most other trading forums:
  • We work extremely hard to keep things positive on our forums.
  • We do not tolerate rude behavior, trolling, or vendor advertising in posts.
  • We firmly believe in openness and encourage sharing. The holy grail is within you, it is not something tangible you can download.
  • We expect our members to participate and become a part of the community. Help yourself by helping others.

You'll need to register in order to view the content of the threads and start contributing to our community. It's free and simple, and we will never resell your private information.

-- Big Mike

Thread Tools Search this Thread

ATR setting based on

Old October 17th, 2014, 09:14 AM   #1 (permalink)
Membership Temporarily Revoked
Futures Experience: Advanced
Platform: ThinkorSwim,FXCM, Ensign Software
Broker/Data: ThinkorSwim, FXCM
Favorite Futures: Futures, Forex, Options
mdsvtr's Avatar
Posts: 232 since Sep 2010
Thanks: 853 given, 26 received

ATR setting based on

the Timeframe chart .

Good morning,

My question is regarding using ATR , and having the " LookBack " period/ settings set correctly based on the timeframe chart that I am looking at


If I am looking at a Daily chart ( where each candle represents 1 days worth of trading ) and I want the ATR to be calculated based on the Last 5 days of trading, would I set the LookBack period to 5 or to 7 ( 5 being the actual number of traded days in a week, or 7 been an actual 7 days that is a week 0 ?


If I want to look at a Weekly chart ( where each candle represents 1 weeks worth of trading ), and I am trying to get an accurate ATR from the previous week of trading, would I need to change the setting to 1 ( for 1 week ) or can I just leave the settings the same on the ATR , no matter what timeframe chart I am looking it,

and it will automatically calculate it correctly for me by default?

Hope my question is not confusing

and I appreciate the help

Thanks again - Michael

Reply With Quote

Old October 17th, 2014, 09:14 AM   #2 (permalink)
Quick Summary
Quick Summary Post

Quick Summary is created and edited by users like you... Add FAQ's, Links and other Relevant Information by clicking the edit button in the lower right hand corner of this message.


Reply > Futures Trading, News, Charts and Platforms > Traders Hideout > Index Futures Trading > ATR setting based on

Thread Tools Search this Thread
Search this Thread:

Advanced Search

Upcoming Webinars and Events (4:30PM ET unless noted)

An Afternoon with FIO trader bobwest

Elite only

NinjaTrader 8: Programming Profitable Trading Edges w/Scott Hodson

Elite only

Anthony Drager: Executing on Intermarket Correlations & Order Flow, Part 2

Elite only

Adam Grimes: Five critically important keys to professional trading

Elite only

Machine Learning Concepts w/FIO member NJAMC

Elite only

MarketDelta Cloud Platform: Announcing new mobile features

Dec 1

NinjaTrader 8: Features and Enhancements

Dec 6

Similar Threads
Thread Thread Starter Forum Replies Last Post
Flexible Renko based on both brick and ATR is available for Ninjatrader too? LucaSatgnitta NinjaTrader 4 April 27th, 2015 12:09 PM
Trailing Stop based on ATR rahulgopi TradeStation 3 October 9th, 2014 10:51 PM
Ninjascript -- Setting stop loss based on previous bars bstzgr The Elite Circle 6 August 25th, 2014 07:40 AM
Is MC able to backtest strategies based on multiple range-bar-based frames? theorist MultiCharts 5 December 5th, 2012 11:36 AM
Help for chart based ATR price... wldman NinjaTrader Programming 24 September 8th, 2011 03:14 PM

All times are GMT -4. The time now is 05:44 PM.

Copyright © 2016 by All information is for educational use only and is not investment advice.
There is a substantial risk of loss in trading commodity futures, stocks, options and foreign exchange products. Past performance is not indicative of future results.
no new posts

Page generated 2016-10-22 in 0.05 seconds with 19 queries on phoenix via your IP