Swing Trailing Stop
NOTE: This trailing stop along with
7
others have been incorporated into the
Profit
Manager (automated trailing stops) indicator.
Description
- This trailing stop loss indicator will plot on a chart based on SWING LEVELS, calculated from a user defined number of bars per swing.
- When price breaks the stop loss line, an arrow indicating a direction change is plotted and the color of the indicator changes to Blue for LONG and Red for SHORT trades.
Key Features
Parameters are:
- Show Arrows? (default TRUE)
- Use Alert Sound (default = Alert4.wav)
- Use Alerts? (default = TRUE)
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