Is ATR good for swing trading?

When considering the effectiveness of ATR, or Average True Range, in swing trading, one must delve deeper into the metrics and how it correlates to price action. Does ATR, as a volatility indicator, truly assist in pinpointing optimal entry and exit points for swing traders? Does it provide sufficient insight into potential price moves that would make for lucrative swing trades? Or, does it merely serve as a supplementary tool, rather than a primary decision-making factor? These are the questions that arise when evaluating the usefulness of ATR in swing trading strategies. Understanding its limitations and how best to integrate it into a comprehensive trading plan is crucial for success in this fast-paced and volatile market.