Entry trade with ATR operand

[quadri]

Hello Team

Im study FxDreema tools and probably stay here for longer (and purchase ofc)
I have a question - its possible to make an Entry trade (buy or sell) when price tresspasing ATR distance?
for example: no trade --> condition (price must go up or down lets say 10% daily ATR) --> buy now / sell now
I tried with many operands in condition box but without succes...

regards, Q

[josecortesllobat]

ATR is an indicator that measures volatility. ATR returns a value in terms of price change. So, it is not correct to use the values given by the ATR indicator against a price level.

You should use a condition like

PriceLevel +/- 10%DailyATR

CurrentPrice = 1.00020
PriceLevel = 1.00000
ATR = 0.00004

If, CurrentPrice > PriceLevel + 10% ATR --> BUY
1.00020 > 1.00000 + 0.01*0.00004 = 1.0000004 -> TRUE --> BUY

But if you share a screenshot of your condition block, it will be easier to help you.