Trailing Stop Loss Stock Order Levels Analysis & Trailing Stop Loss Stock Order Levels Trading Signals

Developed by Tushar Chande.

This is a volatility based indicator which is used to estimate levels to set trailing stop loss areas. Distance at which it estimates trailing stop loss level is determined by market volatility.

Trailing Stop Loss Order Calculation Indicator Levels are 2 lines, these two lines represent:

• Long Trailing Stop Loss Calculation Indicator Level - Blue Line
• Short Trailing Stop Loss Calculation Indicator Level - Red Line

Long trailing stop loss order line has much wider range in terms of where it trails the stop loss compared to the short trailing stop loss line which implements a tight stop loss.

This Stock Trailing SL Order Example is volatility based when it comes to trailing and following the price action. Trailing Stop Loss Order Levels Indicator will trail the above the price in a downward market trend and trail below trading price in an upward stock trend.

Stock Trailing SL Order Example Indicator Signals

Trailing Stop Loss Levels will be calculated using volatility to calculate where to draw the indicator - this Stock Trailing Stop Loss Order Levels Indicator is then used to determine what levels to set stop loss trade orders.

Upward Stock Trend

In an upward trend these trailing stoploss order lines will follow the upwards trend below the price. The trader can use either the short trailing stop loss level line to set up a tight stop loss order or the long trailing stop loss level to set a stop loss order that isn't very tight. As the price goes higher trailing stop-loss order line also goes higher. An exit signal gets generated when price crosses below these trailing stop loss order lines.

Stock Trailing SL Order Example Indicator in Upwards Trend

Downward Trend

In a downward trend the trailing stop loss order lines will trail above price & these two trailing stop loss order zones can be used to set trailing stop losses. As the price drops further these trailing stop loss order lines will continue to drop lower and follow the price lower. An exit signal gets generated when price crosses above the these trailing stop loss order lines.

Stock Trailing SL Order Example Indicator in Down-ward Trend

When price starts to retrace these trailing stop loss orders won't retrace but will remain at their trailing stop loss order levels, this will mean at some level the open trade will be closed by trailing stop loss order lines calculated by the - Stock Trailing SL Order Example Indicator.

Stock Trailing SL Order Example Indicator - Stock Trailing SL Order Example - Trailing Stop Loss Order MT4 Indicator