The E.G. Trailing Stop draws the trailing path for you, relevant in active positions; it measures the asset’s volatility to ensure you maximize your potential return. Stop loss trailing is a technique used alternatively to define fixed profit targets, aiming to consider the asset’s volatility.
The E.G. Trailing Stop is based on the Average True Range (ATR) and can be used in any timeframe or chart type. As such, it automatically adjusts to market movement; it allows a trade to continue to gain in value when the market price moves in a favorable direction. It automatically closes the trade if the market price suddenly moves in an unfavorable direction by a specified distance.
This is a subscription product billed on a monthly basis until you cancel. Cancel anytime from the account management page.
Contact Efrat Levy at E.G. Indicators Trade Mentoring for more info.