ATR
AptarGroup, Inc.
stock NYSE

Make sure your formula and calculating logic is correct.

There's also the possibility that you/they are using a different setting.
For example, the site could be using a simple average for ATR while normally you do a EMA kind of calculation for it.

Starting *today*, I'm putting GPT-4.1 to the test — not just in theory, but live in the market.
Using a fully automated setup built with **GPT-4.1**, **VS Code**, and the **5Paisa MCP API**, I’m launching a daily trading system — zero manual input, zero emotional trading, **₹10,000 starting capital**, and 100% data-driven decisions.
🛠️ Total infrastructure cost? ₹0.
No paid servers. No expensive tools. Just open APIs, smart prompts, and some builder energy ⚡
💡 The goal?
To see if an AI, when guided by strong logic, can **outperform human instincts** and deliver **consistent profit** over 30 days — or fail gloriously trying.
🧪 Each day (sometimes more than once), GPT-4.1 will:
• Analyze real-time market data
• Run technical indicators (RSI, MACD, ATR, etc.)
• Manage risk per trade (max 1–2%)
• Log all actions, rationale, and results
• Adapt dynamically to volatility & trends
• Auto-shutdown if losses breach limits
All trades will be generated **autonomously** — no confirmation, no second guessing.
💭 Curious to see:
* Will this AI setup outperform the market?
* Can ₹10,000 become something substantial in 30 days?
* Is this the future of retail trading?
👉 What do *y*ou think — will AI outperform your portfolio this month?

I've been riding those wild swings too – a mix of fixed stops and volatility-based adjustments (like ATR) sometimes feels less jittery. Stay nimble.

ATR and volume calculations

Is it just 2 moving averages offset by some factor or factor*ATR and when you close above the upper then it’s bullish and when you close below the lower it’s bearish?

Maybe use ATR distance from VWAP. Maybe scan for stocks in play.

Volume and price and ATR

Cool thanks for the great tip. I am using footprint chart on the one minute to spot limit buy or sell orders and whether there is an increase in buyer or seller pressure. When it works it is pretty sweet. It works really well when the ATR is high like during the first hour of open or when there is news.
But footprint chart is based on completed orders and I want to be able to see if there is large order incoming that I can get in front of.

You can be successful even with the most common indicators out there. Only way to beat the Monte Carlo sims is managing your trade, static scaling in and out. Most old school trades will say pick a point on the chart and trade it. That’s the best advice you I think anyone ever game me. Learn to switch from basic ATR to volatility or pivot points after the opportunity presents itself close to your target level. Those situations don’t occur a lot but all it takes is 2-6 times a year to increase your account by 20-30%. Good luck. And the YouTube guys are 90% … well you know

The Stop loss - your greatest friend!
Compulsory, system stop loss
( Mental stops are for mental traders)
it IS the risk management
SL must be pre determined before entering the trade - such that after multiplying your position size you're risking no more than 1-2% on that trade
Traders usually place SL below previous swing low or below a strong bullish candle (hammer, marubozu, engulfing) or below a pivot/support /retest/long wicks/ EMA or where their trade set up gets invalidated if price reaches there
Some traders place stops at 1.5 times the ATR below their entry
The Stop loss determines the position size and target and not the other way around
(Position size = Risk per trade/SL)
(Target = twice or thrice the SL)
Calculate SL & take profit before entering the trade and aim for minimum 1:2 risk to reward ratio
Don't move your stop once in the trade (except when trailing in profit)
Don't lower your stop if price is threatening to take it out.... So what must one do if price is hovering over your stop? Take a deep breath and allow it to get hit.
Always be grateful when SL hits as you avoided a greater loss
Don't revenge trade immediately after your stop is hunted, cool off for 15 min, walk away and then look for a new set up
Often times price will move in your direction after taking your stop - ACCEPT it and move on!
But many times price will forcefully move against you after taking your stop - it's during these times that the SL will protect your capital
Don't call yourself a trader if you don't put/honour your stop
Not keeping SL will make you start praying to all Gods you know to get out at breakeven but you'll exit at the worst possible price
Also you'll end up marrying the trade and lose many opportunities in the opposite direction (trades are flings, don't marry em)
It's better to lose a penny than risk a pound
Don't turn a trade into an investment
SL hitting is a good confirmation that the trend may have ended
Keep giving small losses but always ride for big profits
Do you know what is worse than being wrong? STAYING WRONG!
Act like a surgeon, cut the losing trades as small and as quickly as possible
But don't keep too tight stops - allow your trade room to breathe
The 2% rule is written in stone - never lose more than 2% of your capital on a single trade
The Stop determines the position size as well as the target, if your target isn't atleast twice far from your entry as your stop is - the trade isn't yours.... If your stop and position size need you to risk more than 2% of your account - the trade isn't yours.
No more than 3 SL's in a day - like in baseball, 3 strikes and you're out!
Hope is not a strategy - the market is unforgiving to those that hold losing trades in hope, fear or ego.
Trail SL once in profit to reduce risk :
-once 50% target reached - reduce stop by half
-once 75% target reached - move stop to breakeven or begin trailing SL
A series of 10 consecutive losses in a row is commoner than you think and happens to the best of traders - if you're risking 5% per trade, your account will be reduced to half!
So never risk more than 2% per trade
When encountering a series of losses, reduce position size to half till those losses are recovered - only then can you switch back to your original position size
Would you stroll in your local grocery market naked? Similarly don't stroll in the capital markets naked (without a stop loss or a hedge)
Finally Don't look up!
: Focus on the downside, the loss - the profits will take care of themselves
: Manage risk, manage risk and manage risk!
: Trail SL in profit, don't give back everything - don't turn a winning trade into a losing trade, don't turn a winning day into a losing day!
The Stop loss is your friend, never betray your friend!

Starting *tomorrow*, I'm putting GPT-4.1 to the test — not just in theory, but live in the market.
Using a fully automated setup built with **GPT-4.1**, **VS Code**, and the **5Paisa MCP API**, I’m launching a daily trading system — zero manual input, zero emotional trading, **₹10,000 starting capital**, and 100% data-driven decisions.
🛠️ Total infrastructure cost? ₹0.
No paid servers. No expensive tools. Just open APIs, smart prompts, and some builder energy ⚡
💡 The goal?
To see if an AI, when guided by strong logic, can **outperform human instincts** and deliver **consistent profit** over 30 days — or fail gloriously trying.
🧪 Each day (sometimes more than once), GPT-4.1 will:
• Analyze real-time market data
• Run technical indicators (RSI, MACD, ATR, etc.)
• Manage risk per trade (max 1–2%)
• Log all actions, rationale, and results
• Adapt dynamically to volatility & trends
• Auto-shutdown if losses breach limits
All trades will be generated **autonomously** — no confirmation, no second guessing.
💭 Curious to see:
* Will this AI setup outperform the market?
* Can ₹10,000 become something substantial in 30 days?
* Is this the future of retail trading?
👉 What do *you* think — will AI outperform your portfolio this month?

What lookback period are you using on the ATR?

Here are the rules :
Every 4 hour candle, generate an integer between 1 and 100 (included).
If this integer is 20 or above, do nothing.
If this integer is below 20, then generate another integer between 1 and 100 (included).
If that new integer is below 50 and price is above the 50 EMA, buy. If it is 50 or above and price is below the 50 EMA, sell.

Stop loss at 3 ATR (14 period). Take profit at 1R with. 1% risk per trade.

I use a stop loss. Some people swear by them some cannot stand them. The reason why I use them is because i understand my ability to be wrong. But how do you decide on a stop loss? It depends on the stock. Each stock has its own range of swings, and a more volatile stock will need a greater stop loss than a lower volatile one.
So I use the Average True Range (ATR). This allows me to adjust my stoploss, and thus decide my position size relative to the volatility of each stock. Specifically I use 1.5xATR as I am a swing trader. If you are a position trader you might use 3xATR to give your stock more room to breathe.
For example, $LULU has a daily ATR of $7.4 so I set my trailing stop loss at $11. This means I might only buy 40 shares to risk .5% of my portfolio.
This allows you to be wrong and not wipe out your account. Now you can invest into lots of value plays, risk only .5-1% on each trade and if you are right more then you are wrong and if you gain more then you lose you will do well on average.
As far as which is better, value or growth I think thats more in the eye of the beholder. For me, I like growth at a reasonable price paired with measurable catalysts with a higher probability of success vs failure

entry candle size plus ATR for stop loss. i find if your entry is good it usually lines up with another S&R nearby. yes you will lose more when you do but if your strategy is good it pays very well. 2R is what you aim for

declare upper;
\# === Inputs ===
input atrLength = 14;
input rsiLength = 14;
input bbLength = 20;
input bbMult = 2.0;
\# === ATR and 1.5x ATR ===
def atr = Average(TrueRange(high, close, low), atrLength);
def atr15 = atr \* 1.5;
\# === RSI and RSI Slope ===
def rsi = RSI(length = rsiLength);
def rsiSlope = rsi - rsi\[1\];
\# === Bollinger Bands ===
def basis = Average(close, bbLength);
def dev = bbMult \* StDev(close, bbLength);
def upperBand = basis + dev;
def lowerBand = basis - dev;
def bbPosition = if upperBand != lowerBand then (close - lowerBand) / (upperBand - lowerBand) \* 100 else 0;
\# === Labels ===
AddLabel(yes, "ATR: " + Round(atr, 2), Color.YELLOW);
AddLabel(yes, "1.5x ATR: " + Round(atr15, 2), Color.ORANGE);
AddLabel(yes, "RSI: " + Round(rsi, 1), if rsi > 70 then Color.RED else if rsi < 30 then Color.GREEN else Color.GRAY);
AddLabel(yes, "RSI Slope: " + Round(rsiSlope, 2), if rsiSlope > 0 then Color.GREEN else if rsiSlope < 0 then Color.RED else Color.GRAY);
AddLabel(yes, "BB Pos: " + Round(bbPosition, 1) + "%", Color.CYAN);

Yeah, I just added an ATR thing to my chart and I feel like it might improve things. Haven't changed it in a while to any substantial degree.

make sure your stop loss is not more than 1 ATR. Best is half ATR or less.

I use Ripster Clouds and almost exclusively use his 512 curl play. I use Satys ATR tool for levels. Pretty damn good system. It’s free if you don’t have a system.
Two trades a day max. Make it count.

Don’t combine EMA’s and RSI with Bollinger Bands. Bollinger Bands were made to go with SMAs or WMAs.
EMA/RSI are both infinite series (practically the same formula actually) and Bollinger Bands are based on standard deviation, which is a finite period formula (like SMA). When you put them together the data they produce is artifact filled nonsense. Generally they’re near where they’re supposed to be, but wouldn’t you rather have a formula that calculated correctly all the time?
It’s amazing to me that more people don’t know this. It’s like nobody even looks at the math before using something that they’re risking their money on…
If you want something to pair with EMA’s as an envelope, go with Keltner Channels. They’re based on ATR, which is also an infinite series.