ATR Trailing Stop-Loss
A rule of thumb is to multiply the ATR by two to determine a reasonable stop-loss point. So if you're buying a stock, you might place a stop-loss at a level twice the ATR below the entry price. If you're shorting a stock, you would place a stop-loss at a level twice the ATR above the entry price.
A rule of thumb for putting stop loss using ATR is that to multiply the ATR by two. So if you're buying a stock, then you may place a stop loss at 2 x ATR below the entry price. And similarly, If you're selling a stock, then you should place a stop loss at 2 x ATR above the entry price.