Now that you know how to find the UdM and the AdR you’ll need to find the same information for weekly (UwM & AwR) and monthly (UmM & AmR) periods. To find the Usual weekly Maximum simply call up the weekly chart over the past 5 years of the currency pair of interest (simply get the 10 year chart and zoom up). For this example we’ll continue looking at EUR/USD. Set up an ATR to show one period and a second ATR to show 104 periods (two years average). Your chart should look something like this:
Looking at the ATR(1) you see that 585 pips was the biggest single week
during that 5 year period. Looking across most of the other tops you get the
sense that the Usual weekly Maximum (UwM) would be approximately 425
pips. Getting the AwR is quite easy because the end of the line points right at
the number in your ATR(104). Obviously the AwR is 244.
To find the Usual monthly Maximum simply call up the monthly chart over
the past 10 years of the currency pair of interest. For this example we’ll
continue looking at EUR/USD.
Set up an ATR to show one period and a second ATR to show 48 periods
(four years average). Your chart should look something like this:
Without much explanation (it should be obvious to you by now), I would use
775 for my UmM and my AmR is 496.
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