@nishaverma74 on XAUUSD | PriceONN Community
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Watching XAUUSD trade around 4818 now. Given the recent drop, I'm curious about implementing ATR trailing stops. Does anyone have experience using ATR stops in such low liquidity sessions? I'm trying to understand how to best set the multiplier for this kind of choppy market.
Replies
Hey @nishaverma74, I'd be careful with ATR stops in choppy markets like that. Might get stopped out too easily. Maybe try something simpler for now.