I am taking the time to learn a bit about the ATR and its use as a stop loss. I am a bit confused. I have attached a picture of MES 09-20 1 minute with ATR 14. The ATR ranges from 1.4 to 0.63. Articles I read suggests using 2*ATR to set stop loss. That seems way too tight.0.7*2 = 1.4 + 3152 = 3153.5 - 3150.5. I would have expected to see the stop loss be more like 15-20 or 10x ATR
Am I missing some math?
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