{quote} ATR and ADR don't lag.. If you want use them use the correct setting... People use a lot 14 why? What the reason for that? Which TF have 14 candles? This is the catch. Market is fractal. Forget SMT or SMC fractals because they are not even fractals of what they are trading from, they just give better RR, the true fractal for a candle is always the TF below is the reason i know how much a day can expand without a use of ADR or ATR, and this are diferent, one include gaps and other don't.
am absolutely loving it So ATR calculates the average of × numbers of candles, most uses 14 and I don't freaking know why.. so it's true it really doesn't lag but shows current volatility level(almost real time).. my core strategy uses ATR and fractals to calculate cause only until the current candle breaks above the highest candle (for upside scenario) and it uses ATR for volatility adjustments (I shouldn't get into the nitty gritty of things here)
ATR has to be the best indicator IMO
Some uses average of 100 candles to calculate ATR
The real changes happen in the multiplier
(X) × ATR
As for me I use 3 × ATR for SL calculation on 10 or 15 min timeframe, that way I am dynamic to how fast or slow market currently IS
Fractals are for entries (for me), works well with gold
Divergence too can be insightful too at times.
