Stop distance equals the average true range of your timeframe multiplied by your chosen multiple, placed below entry on a long and above entry on a short.
Because gold can travel twenty five to forty dollars in a session, a fixed pip stop is either inside the noise or wastefully wide; the ATR multiple keeps it proportional.
An ATR-based stop sizes the invalidation level against gold's current volatility instead of a fixed dollar figure that only suits one regime. Enter the ATR, a multiplier and your account risk and the calculator returns the stop distance, the resulting lot size and the cash at risk.
GoldHunts — the AI-powered gold trading operating system.