Quick ATR Calculation

for Stock/ETF/Forex Trades

Trailing Stop Loss:

Look at 15 minute chart for past day:

Stocks/ETF: Take average ATR of past 24 hours and multiply by 2 then by 1.24

Forex: Take highest ATR of past 24 hours and multiple by 2 then by 1.62

Take profit:

Take Trailing SL calculation and multiply by 1.618