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How to Use ATR Indicator to Set Stoploss 

Last Updated: July 25, 2019

By Rayner Teo

In this video, I explain to you how I use the ATR indicator to set stoploss for my trades.

  • Hi Rayner,

    Your video is so clear and straight foreward… Thanks for the good work! stop loss 2 ATR … 60 pips and 30 pips respectively.

    How many pips for stop loss if GBP/USD pair, TF=1Hr, ATR value is 0.00184. Sold GBP @ 1.55873?

    Thanks!

    -AL-

    • Hi al,

      Thank you for your kind words, glad it helped.

      For GBPUSD 0.00184 = 18.4 pips

      So just add 18.4 pips to 1.55873 and you should get 1.56057

      Rayner

  • Thanks Rayner,

    I can’t find ATR Stop in my chart, however there is Chande Kroll Stop. Are they the same?

    It says Chande Kroll Stop uses ATR… there are 3 types of setting

    P
    X
    Q

  • hey rayner my ATR value 10.2565 and chart value in some stocks 1356.28 .how to add ATR value with chart value . how to set stop loss here.

  • Hi Rayner, after I add 1 ATR to my stop loss, my risk is more then my reward for the majority of my trading setup. Should I not enter the trade in such a situation?

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