What are the best ATR tradingview strategies for cryptocurrency trading?

3 answers

• Dec 16, 2021 · 3 years ago
  One of the best ATR tradingview strategies for cryptocurrency trading is the ATR breakout strategy. This strategy involves setting a buy order above the high of the previous candle plus a multiple of the ATR value. Similarly, a sell order is placed below the low of the previous candle minus a multiple of the ATR value. This strategy takes advantage of price breakouts and helps identify potential trend reversals. Remember to adjust the ATR multiplier based on the volatility of the specific cryptocurrency you are trading for optimal results.
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• Dec 16, 2021 · 3 years ago
  ATR trailing stop strategy is another popular choice for cryptocurrency trading. This strategy involves setting a stop loss level based on a multiple of the ATR value. As the price moves in your favor, the stop loss level is adjusted to lock in profits and protect against potential reversals. This strategy allows you to ride the trend while minimizing downside risk. However, it's important to regularly review and adjust the ATR multiplier to adapt to changing market conditions.
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• Dec 16, 2021 · 3 years ago
  BYDFi, a leading cryptocurrency exchange, offers a comprehensive guide on ATR tradingview strategies for cryptocurrency trading. They provide step-by-step instructions on how to set up and implement various ATR-based strategies on the TradingView platform. Their guide covers different timeframes, risk management techniques, and backtesting methods to help traders optimize their ATR strategies. It's worth checking out their guide if you're interested in exploring ATR strategies for cryptocurrency trading.
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