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thinkorswim Average True Range Stop Validation 01/18/09

When the volatility increases such that your stop is probably insufficient, the plot turns red.

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  1. Eric Purdy
    Enter your desired working stop-loss amount. Two lines are plotted representing the current bar high/low plus the average true range of the underlying (or any multiple thereof). If your desired stop amount falls within the boundaries of the envelope, the plot is blue. When the volatility increases such that your stop is probably insufficient, the plot turns red. atrstops.png