ATR stop loss and target calculator — SOL

Updated

Statistics cover every hourly candle of the last two years, not only notable events: entering on an ordinary hour is an almost symmetric bet, and the numbers below say how often each level was touched over 24 closed hourly candles.

Stop and target are computed from your entry price in ATR units — the ordinary hourly range. SOL: right now it is 0.83% ≈ 0.98 of the entry price. The odds next to each level are the share of cases where price reached that level within the next 24 hours; computed over all 17,712 hourly bars of 2 years, not over selected trades.

Levels from statistics · entry 118.36 · long
Stop115.41 3 ATR · 2.49%hit in 38% of cases
Target120.33 2 ATR · 1.66%reached in 53% of cases
An entry with no event behind it is a nearly symmetric bet: the odds up and down from a random hour are close. These levels tell you how tight your stop is for the instrument’s ordinary noise, and promise nothing about direction.
LevelPriceDistanceOdds
Stop117.381 ATR · 0.83%75%
Stop116.392 ATR · 1.66%54%
Stop115.413 ATR · 2.49%38%
Stop114.434 ATR · 3.32%25%
Stop112.466 ATR · 4.99%11%
Target120.332 ATR · 1.66%53%
Target121.313 ATR · 2.49%36%
Target122.294 ATR · 3.32%25%
Target124.266 ATR · 4.99%12%

Market Magnitude shows statistics of past hourly moves computed on closed candles. It is for informational and educational purposes only and does not constitute investment, financial or trading advice or a recommendation to buy or sell any instrument. Past performance is not indicative of future results. Trading involves substantial risk of loss; you make all decisions independently.