ATR Bands Indicator
ATR Bands, which use the Average True Range (ATR) to create dynamic support and resistance levels, can provide entry points based on price movements relative to these bands. Typically, traders look for buying opportunities when the price touches or crosses below the lower ATR Band, signaling potential oversold conditions, while sell signals may emerge when the price approaches or crosses above the upper ATR Band, indicating possible overbought conditions. Additionally, traders often confirm these signals with other indicators or patterns to enhance their probability of success before entering a trade.