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Old 08-22-2008, 01:05 PM
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David Waring David Waring is online now
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Join Date: Nov 2007
Location: Miami, FL
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Hi bahrawy21,

Glad to hear from you.

The first thing that you will want to do is place the average true range (ATR) indicator on the chart of the indicator that you are trading. On most charting packages, when you run your mouse over the indicator it will give you the value of the indicator for the point on the chart where your mouse is.

To get the current value of the ATR you will want to move your mouse over to the current bar which will give you the current value of the ATR. Once you know this you simply multiply by two.

Hope that helps. As always if you have any other questions or comments please feel free to post.

Best Regards,
Dave
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Disclaimer: Trading is risky and can result in substantial financial loss. As always my posts are simply one traders opinion and should not be taken as trading advice. I am not a financial adviser so everyone please do their own analysis and take responsibility for their own trades.
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