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Today, we train a valued community member, through mastering the ATR indicator, turning them into an expert in under an hour. This video is perfect for those new to trading, investing, and using TradingView and Indicators, especially if you don't have time to spend all day in front of charts due to family or work commitments.

The https://www.investanswers.io/atr is a standout tool in the InvestAnswers suite designed for intermediate to advanced traders. It offers a robust way to monitor macro trends, volatility, and critical trading levels without the need for constant chart monitoring. Drop in once or twice a day to find opptys. Idea for folks who want to invest but are stuck in a day job for most of the day.

Here are some reasons why the ATR model is special, along with its cool features:

Why the ATR Model is Special

  • Comprehensive Analysis: The ATR model assesses both the volatility and trend directions of an asset, providing a holistic view of market conditions.

  • Macro Trend Identification: It helps traders discern the overall direction of the market, which is crucial for making informed trading decisions.

  • Volatility Measurement: By analyzing how volatility changes over time, the ATR model gauges market activity levels, helping traders understand the asset's liveliness and potential risk.

  • Strategic Support and Resistance Levels: The model identifies key support and resistance levels, offering actionable buy and sell signals.

  • Backtesting Capabilities: It includes a feature for backtesting strategies against historical data, allowing users to validate their approaches before live trading.

Cool Features

  • Directional Indicators: Utilizes tools like the Directional Movement Index (DMI) to understand market trend strength and direction.

  • Visual Trend Clouds: The model employs color-changing trend clouds to indicate bullish or bearish conditions, making it easier to interpret market trends at a glance.

  • Daily Optimization: Optimized for daily charts, making it suitable for medium to long-term trading strategies.

  • Adaptability: While best used on 12 hour and daily timeframes, it can also be adapted for longer timeframes such as 2-day, 3-day, and weekly charts.

  • Actionable Insights: Generates actionable buy and sell signals based on trend reversals and significant price deviations, aiding in strategic decision-making.

AGENDA

AGENDA

00:00 INTRO and SET UP

4:20 Recency Set up and 12 hr vs Daily Chart

5:40 Tuning Back Test Settings

7:00 Bitcoin Obersvations on ATR

7:45 Flipping SIGNAL LOGIC - Very Important

8:15 Always Start with NOISE SUPPRESSION Off

10:30 Moving the Config Table

11:20 Importance of Win Rate vs ROI

13:00 Crowdsource GOOGLE DOC for ATR Settings By Asset

14:00 CLSK on the 3 Hr - Trend, Zero Noise Suppression, from Jan 20, 2021

17:00 Custom Anchor and Anchor Settings

19:28 Importance of Levels - Support at Level 4 on CLSK in 2024

20:25 Why Covered Call on CLSK - the Options HEDGE

23:00 Adding Symbols to Portfolio Watch List

24:20 Dialing SOLANA in on the ATR

27:30 Identifying Levels on SOLANA

29:35 The Cloud Deviation - Signal

37:43 Dialing in TESLA on the ATR

43:00 Dialing in JUPITER on ATR

49:35 Watch the Levels and Watch the Trend

50:35 Optimized Trend - Custom Trend Model per Asset is magical

51:41 Get familiar with few assets - learn the movements

54:00 The SUMMARY of Learnings - Get Win Rate above 80% then dial in the ROI

56:40 FIFO vs LIFO Logic for Tax Reasons

Files

Previews only

ATR: Walkthrough with a Newbie

#Bitcoin $ETH $SOL $TSLA #Macro #Onchain #ETFs 📈 IA MODELS: http://www.investanswers.io PLS READ The Augmented Trading Range (ATR) Model is a standout tool in the InvestAnswers suite designed for intermediate to advanced traders. It offers a robust way to monitor macro trends, volatility, and critical trading levels without the need for constant chart monitoring. Drop in once or twice a day to find opptys. Here are some reasons why the ATR model is special, along with its cool features: Why the ATR Model is Special Comprehensive Analysis: The ATR model assesses both the volatility and trend directions of an asset, providing a holistic view of market conditions. Macro Trend Identification: It helps traders discern the overall direction of the market, which is crucial for making informed trading decisions. Volatility Measurement: By analyzing how volatility changes over time, the ATR model gauges market activity levels, helping traders understand the asset's liveliness and potential risk. Strategic Support and Resistance Levels: The model identifies key support and resistance levels, offering actionable buy and sell signals. Backtesting Capabilities: It includes a feature for backtesting strategies against historical data, allowing users to validate their approaches before live trading. Cool Features Directional Indicators: Utilizes tools like the Directional Movement Index (DMI) to understand market trend strength and direction. Visual Trend Clouds: The model employs color-changing trend clouds to indicate bullish or bearish conditions, making it easier to interpret market trends at a glance. Daily Optimization: Optimized for daily charts, making it suitable for medium to long-term trading strategies. Adaptability: While best used on 12 hour and daily timeframes, it can also be adapted for longer timeframes such as 2-day, 3-day, and weekly charts. Actionable Insights: Generates actionable buy and sell signals based on trend reversals and significant price deviations, aiding in strategic decision-making. AGENDA 00:00 INTRO and SET UP 4:20 Recency Set up and 12 hr vs Daily Chart 5:40 Tuning Back Test Settings 7:00 Bitcoin Obersvations on ATR 7:45 Flipping SIGNAL LOGIC - Very Important 8:15 Always Start with NOISE SUPPRESSION Off 10:30 Moving the Config Table 11:20 Importance of Win Rate vs ROI 13:00 Crowdsource GOOGLE DOC for ATR Settings By Asset 14:00 CLSK on the 3 Hr - Trend, Zero Noise Suppression, from Jan 20, 2021 17:00 Custom Anchor and Anchor Settings 19:28 Importance of Levels - Support at Level 4 on CLSK in 2024 20:25 Why Covered Call on CLSK - the Options HEDGE 23:00 Adding Symbols to Portfolio Watch List 24:20 Dialing SOLANA in on the ATR 27:30 Identifying Levels on SOLANA 29:35 The Cloud Deviation - Signal 37:43 Dialing in TESLA on the ATR 43:00 Dialing in JUPITER on ATR 49:35 Watch the Levels and Watch the Trend 50:35 Optimized Trend - Custom Trend Model per Asset is magical 51:41 Get familiar with few assets - learn the movements 54:00 The SUMMARY of Learnings - Get Win Rate above 80% then dial in the ROI 56:40 FIFO vs LIFO Logic for Tax Reasons

Comments

ValueBull

This was very helpful. Can you do this for all the other tools as well?

Brice King

What platforms do you trade on (crypto and stocks) for a combination of the lowest fees and highest security? Thanks!

Anthony Calderone

Can someone help explain why some of the charts using the ATR model dont provide LEVELS. On the bottom of my charts it just says level 8.

W

Great. Thh summary at the end is particularly helpful. But where is the spreadsheet with all the settings for the different assets?

Bongo nyoka

great lessons there, just need to get hold of the test sheet settings too.

Techmemo

If I am a beginner/novice trader (mostly a HODL at this point), what should I know to become an intermediate where subscribing to the ATR would make sense? I understand some charts, SRSI, RSI, candle patterns. Thank you for your help.

Crystalee

Loved this! Thank you!!

AbSULLute

Thanks James, this is exactly what I needed to see. I've had two months of wandering aimlessly with the IA charts. I feel like I can actually utilize ATR now. Are there other videos for any other of your indicators?

Chuan

Thank you for taking time to help us, really appreciate it. Where can I find AI Optimized Trend?

Sönke

Hi all, I tried out the ATR for some weeks. I liked it very much but what kept me from continue using it was the thing that the buy and sell signals sometimes disappeared again after I had acted upon them. Did I make a configuration mistake? Or is there any trick to avoid this? Do one has to wait a certain time after the signal has flashed? Thanks a lot for any help upon this 👋

Daniel Cox

optimised trend isnt sold alone, it comes with pair trading I believe and maybe some others but not ATR.

FiatFade

yes love James, love all of his work, BUT this doesnt get talked about enough. A lot of the IA indicators show back test numbers with an order trigger on the bar open. Problem is buy and sells disappear during the the life of the live candlestick (12 hr candle, signals may appear and disappear several times over that 12 hours, but by the close of the candle there is no signal) You can change the order trigger to bar close but usually the backtest numbers fall significantly. It appears to me that the order trigger on bar open is only calculating (cherry picking) those that an entry was taken on the the first signal and then closed that candle with the signal still "alive" Ignoring the ones that arent still "alive". Please let me know if I'm wrong. Thanks!