Hubert Senters here. Let’s take a look at the ATR, the Average True Range there’s a bunch of different ways you can calculate this. I’m just going to give you a good old-fashioned common sense way this thing is calculated. So all it means is how much something has moved over a certain amount of time on average. So if the thing is really volatile so we’re going to use an Average True Range of 14 so I’m going to double left click on this line for you so you can see the inputs and all the platforms as have this indicator ATR, Average True Range. I’m looking at a 14 period. So if I’m looking at a daily chart of Monster Energy drink here, MNST. It’s calculating the past 14 days and let’s add them up and it is going okay based upon the movement over the past 14 days. The average calculation based upon that right now is a buck $46. So at the recording of this video it moved $2.77. So if you start to get long when it’s up a dollar 50 you can pretty much make the assumption like ‘’hey, it may not go any further than this because the past 14 days the Average True Range of from the low to the high the range for that day on average over the past 14 days has been a buck 46.’’ Well, today it moved to $2.77. But the percentages over the past 14 days tell you that you shouldn’t be going for that. If you go long above that buck 50 does that makes sense? So let’s do another one let’s do Amazon, AMZN, Average True Range 20 point today. Apple, AAPL, $2.43 today. Let’s do another. Let’s do MSFT, Microsoft moves a buck 50 a day. So it’s really important whether you’re day trading, swing trading or investing that you calculate and know about how something is going to move. Now, if you’re trading in that 14 day range that’s what you’d do if you’re holding for a longer term investment. Obviously, you would increase the length of that line and that calculation. Good luck helps. And I’ll see you on the next video. Hubert.