Adding MetaTrader 4 Trailing Stop Loss Indices Trading Order Levels Indices Technical Chart Indicator

Step 1: Open the Indices Trading Platform Navigator Window

Open the Navigator window as shown below; Go to “View” menu (click), then select the “Navigator” window (click), or From Standard Toolbar click the “Navigator” button or press short cut keyboard keys “Ctrl+N”

On the Navigator window, select “Indicators”, (Double Click)

MetaTrader 4 Trailing Stop Loss Indices Trading Order Levels Indices Indicator

Adding Trailing Stop Loss Indices Trading Order Levels MetaTrader 4 Indices Technical Chart Indicator

Expand the menu by clicking the expand button marker (+) or double click the “indicators” menu, after this the button will appear as (-) and will now display a list as shown below - select the Trailing Stop Loss Indices Trading Order Levels stock indices chart indicator from this list of stock indices indicators so as to add the Trailing Stop Loss Indices Trading Order Levels stock indexes technical indicator on the stock indexes trading chart.

From the Above window you can then place Trailing Stop Loss Indices Trading Order Levels indicator that you want on the Indices Trading chart

How to Put Custom Trailing Stop Loss Indices Trading Order Levels Stock Indexes Indicator on MetaTrader 4 and How to Install Trailing Stop Loss Indices Trading Order Levels Stock Indexes Indicator MetaTrader 4

If the stock indices indicator you want to add is a custom indicator - for example if the Trailing Stop Loss Indices Trading Order Levels indicator you want to add is a custom indicator you will need to first add this custom Trailing Stop Loss Indices Trading Order Levels indicator on the MT4 stock indexes trading platform and the compile the custom Trailing Stop Loss Indices Trading Order Levels indicator so that the newly added Trailing Stop Loss Indices Trading Order Levels custom indicator appear on the list of custom indicators on the MetaTrader 4 stock indexes trading platform.

To learn how to install Trailing Stop Loss Indices Trading Order Levels indicators on MetaTrader 4, how to add Trailing Stop Loss Indices Trading Order Levels indicator window to MetaTrader 4 and how to add Trailing Stop Loss Indices Trading Order Levels custom indicator on MT4 stock indexes trading platform - How to add a custom Trailing Stop Loss Indices Trading Order Levels indices trading Indicator on MT4.

About Trailing Stop Loss Indices Trading Order Levels Indices Indicator Tutorial

Trailing Stop Loss Indices Trading Order Levels Indices Technical Analysis and Trailing Stop Loss Indices Trading Order Levels Indices Trading Signals

Developed by Tushar Chande.

This is a volatility based indicator that is used to estimate levels to set stop loss levels. The distance at which it estimates the trailing stop level is determined based on market volatility.

The Levels of the two lines, these two lines represent:

• Long Stop Level - Blue Line


• Short Stop Level - Red Line

The long stop level line has a much wider range than in terms of where it trails the stop loss as compared to the short stop level which implements a tight stop loss.

This indicator is volatility based when it comes to trailing and following the stock indexes price action. Trailing Stop Levels will trail the above the stock indexes price in a downward market indices trend and trails below the stock indexes price in an upward market trend.

Indices Technical Analysis and Generating Indices Trading Signals

These will be calculated using volatility to calculate where to draw the indicator - this is used to determine what levels to set stop losses.

Upward Trend

In an upward indices trend these levels will follow below the stock indexes price. The trader can use either the short stop level line to set up a tight stop or the long stop level to set a stop loss that is not very tight. As the stock indexes price goes higher the trailing level also goes higher. An exit signal is generated when stock indexes price crosses below these levels.

Indices Trading Uptrend

Downward Trend

In a downward indices trend the stop loss levels will trail above the stock indexes price this two levels can be used to set these levels. As the stock indexes price drops further these levels will continue to drop lower and follow the stock indexes price lower. An exit signal is generated when stock indexes price crosses above these levels.

Indices Trading Downtrend

When stock indexes price starts to retrace these levels will not retrace but will remain at their levels, this will mean at some point the trade will be closed by the trailing stop loss.