Ultimate Trailing Stop(s) - Updated!
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Ultimate Trailing Stop screenshots
Description
TWELVE trailing stops in One Indicator.
This one indicator provides you stop loss control based on a choice of:
- BarHighLow - Proprietary Indicator Warehouse designed by Erich Senft that uses
a combination of market structure and price action to trail.
- Average True Range - Plots stops based on distance between current price and Average True Range (times a multiplier)
- Bollinger Bands - Plots stops based on the upper and lower bands of the Bollinger Band indicator.
- Fixed Percent - Plots stops a fixed 'percentage of price' distance away from the current price.
- Fixed Tick - Plots stops a set number of 'ticks' distance away from the current price.
- Moving Average Distance (EMA, SMA, HMA, and WMA) - Plots stops a set number of 'ticks' distance away from the moving average.
- Swing High/Low - Plots stops at the most recent Swing HIGH or Swing LOW.
- SuperTrend trailing stop (no relation to tool found on Big Mike's Trading
forum)
- Parabolic SAR
This indicator gives you easy visual control over preserving your hard earned profits.
Key Features
- Option to control Stops from Toolbar or On-Screen Chart Buttons
- Ability to see Historical trails for visual strategy and
parameter testing
- Alerts include audible alert (Default = True), Pop-up alert
(Default = False), and send Email.
- Audible alert can be configured using built-in or custom .WAV
files
- You can now select Trailing Stop type directly from the Tool Bar
