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Version: 2.0

Stop Loss Manager

šŸ“„ļø Trailing Modes

The Stop Loss Manager has five distinct trailing methods, each carefully selected for their popularity among experienced traders. If you cannot find the desired behavior among these methods, it is recommended that you look into the Meta Extender. The Meta Extender offers a variety of additional trailing options, including the ability to combine different trailing methods. For instance, a trade's stop loss can jump to breakeven and then proceed with an average true range trailing.

šŸ“„ļø Configuration

This page provides a detailed explanation of each input parameter, enabling you to configure the Stop Loss Manager to suit your needs. While the default input parameters offer a universally applicable configuration, tailoring the Stop Loss Manager to the specific symbol and timeframe you're working with is recommended. This might seem daunting initially for beginners, but rest assured, the default parameters are a great starting point. Professional and advanced traders will likely need different input settings for other symbols and timeframes.