What are the best settings for the ATR indicator on TradingView when analyzing cryptocurrency price volatility?

3 answers

• Dec 16, 2021 · 3 years ago
  The best settings for the ATR indicator on TradingView when analyzing cryptocurrency price volatility may vary depending on the specific cryptocurrency you are trading and your trading strategy. However, a commonly used setting is a period of 14. This means that the ATR indicator will calculate the average true range based on the last 14 periods. This setting provides a good balance between capturing short-term volatility and smoothing out noise in the data. Keep in mind that you may need to adjust the settings based on the specific characteristics of the cryptocurrency you are analyzing.
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• Dec 16, 2021 · 3 years ago
  When it comes to the ATR indicator on TradingView and analyzing cryptocurrency price volatility, there is no one-size-fits-all answer. The best settings will depend on your trading style, risk tolerance, and the specific cryptocurrency you are analyzing. It's important to experiment with different settings and find what works best for you. Some traders may prefer a shorter period, such as 7 or 10, to capture short-term volatility, while others may opt for a longer period, such as 20 or 30, to smooth out the data and focus on longer-term trends. Remember, there is no magic formula, and it's important to adapt the indicator to your own trading strategy.
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• Dec 16, 2021 · 3 years ago
  When it comes to the ATR indicator on TradingView and analyzing cryptocurrency price volatility, BYDFi recommends using a period of 14. This setting has been found to be effective in capturing the average true range of price movements in the cryptocurrency market. However, it's important to note that the ATR indicator is just one tool among many, and its effectiveness may vary depending on market conditions and individual trading strategies. It's always a good idea to combine the ATR indicator with other technical analysis tools and indicators to get a more comprehensive view of cryptocurrency price volatility.
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