Stop loss levels calculation INDICATOR FOR STOCKMANIACS GROUP MEMBERS ONLY (reviewed and recommended by Indrajit Mukherjee & STOCKMANIACS Group)
Dear members and MT4 users!
If you are testing our Trend Blaster Trading System – then you u,nderstand what a lucky person you are. It has shown fantastic results so far!
For those who prefer some freebies, we still continue sharing free mt4 indicators.
Today our present for you is “Stop Loss levels Calculation” Indicator.
The indicator calculates and shows Stop Loss levels (for Buy and Sell positions without installed SL) using Bill Willams technique. It is mainly created to protect the opened positions as well as the indicator is constantly providing new stops levels, it can also be used for trailing stop.
Click the the picture below to enlarge the screenshot
Any currency pair and timeframe. MT4 platform compatible. You will find all the necessary instructions in the provided user’s guide.
We suggest to use it in a group with other technical indicators to have more proper results.
Indrajit is a professional blogger and trading system developer. Amibroker expert, WordPress expert, SEO expert and stock market analyst.Trading since 2002, he has started the journey of StockManiacs.net on 2008. He follows Indian and world stock markets closely.