ATR on 15m Chart

V

VinMan

If I am using the 14 Day ATR Daily, should I use a different ATR for my 15 minute chart to factor in more data? And if so, how do I go about that?
 
Quote from VinMan:

If I am using the 14 Day ATR Daily, should I use a different ATR for my 15 minute chart to factor in more data? And if so, how do I go about that?
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It doesn't matter. A 14 day look back period on a daily chart is just as arbitrary as the 15 min time frame is itself. Or any other intraday time frame for that matter. There are no magic numbers.
 
Quote from Lucrum:

It doesn't matter. A 14 day look back period on a daily chart is just as arbitrary as the 15 min time frame is itself. Or any other intraday time frame for that matter. There are no magic numbers.
More...

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