My stop methods had proven themselves, and still they sometimes took me out too early. So I built a stop that reads the market structure and moves with it.
The Smart Stop Indicator shows the most recent valid stop level on your chart, for BUY or SELL: the exact price, its distance as a share of the daily range, and its status live: new, valid or broken. Alerts tell you when a new level forms and when one breaks, and broken levels turn grey in the panel, so the valid one stands out. I spent a long time on this one aspect of trading, and it became one of my favorite products.
A new structure takes a little longer, and until it forms, the indicator waits. The call on the trade stays yours. It runs in MetaTrader 5, on every timeframe.
This week it is 59 USD instead of 79, until Sunday 4 October. Have a look.
Daniel