BG TRAILING STOP

A combination of a Trend, Sideways/Chop Detection & Trailing Stop Loss indicator. Suitable for use in all timeframes & markets, it can be used to determine the overall trend direction of the market, rising (Bullish), falling (Bearing), or sideways/ consolidating (Neutral/ Choppy).

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Why you need the BG Trailing Stop Indicator

LONG
Market price ABOVE Trailing Stop line

SHORT
Market price BELOW Trailing Stop line

Stable Market
Tighter Trailing Stop Loss more effective

ALPHA Parameter
Affect the overall level of TREND Detection

BETA Parameter
Control the DISTANCE of the line away from price

GAMMA Parameter
Control the level of CHOP Detection

 


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