Hi all.
How do i read the ATR value when i want to use it as a SL. The ATR values for pairs without the JPY are in 4 decimal places. Do i jsut take the last two? and for those pairs with the JPY take the 1st 2.?
eg. EUR/ USD ATR (period 14) 1.2345 Do i use 0.0045?
and EUR/JPY ATR (period 14) 1.23 do i take 0.23?
thanks
How do i read the ATR value when i want to use it as a SL. The ATR values for pairs without the JPY are in 4 decimal places. Do i jsut take the last two? and for those pairs with the JPY take the 1st 2.?
eg. EUR/ USD ATR (period 14) 1.2345 Do i use 0.0045?
and EUR/JPY ATR (period 14) 1.23 do i take 0.23?
thanks