Best stop loss and take profit indicator mt4. Stop Loss Profit Target Indicator MT4. If desired, set the Take Profit and protective Stop-Loss levels prior to executing the trade. Exp Assistant will help you organize maintenance of your positions. May 10, 2018 · If you’re long, then minus X ATR from the highs and that’s your trailing stop loss; If you’re short, then add X ATR from the lows and that’s your trailing stop loss; And to make your life easier, there’s a useful indicator called “Chandelier stops” which performs this function. Stop loss orders are an essential part of any trading strategy, as they allow traders to limit their losses in case a trade Nov 14, 2021 · Stop Loss Take Profit Indicator for MT4 - https://indicatorspot. me/FORKETTAAGet valuable prizes, free coins and discounts while you trade https://partner. use forumsearch (and use the right threads pls. Apr 29, 2020 · HOW TO PLACE STOP LOSS AND TAKE PROFIT ON MT4This video shows you a practical demonstration on how to determine and input your stop loss (Risk) and take Prof Lot Size Calculator indicator for MT4 is a great tool to easily calculate the position size for a trade. Jun 27, 2024 · The Profit Indicator for MT4 uses the 9 and 45 SMA periods to spot good trading signals Check the FXSSI Lifetime Deal: 70% OFF only on Black Friday! View Offer Only till NOV, 27 Decoy stop loss feature allows you to set a decoy to your stop loss and take profit such that you the MT4 Trade Manger EA would close off your position before TP/SL is hit. A stop-loss is designed to let your broker know how much you are willing to risk with your trade. Aug 27, 2019 · If you are looking for an indicator, that will give you a good entry and take profit levels in forex. Fill in the stop loss and take profit fields. In the upper left part of the Metatrader 4 screen, the exact signals (E, SL and TP levels) are posted there for your convenience. ex4 Downloaded 2065 times 24. - Free download of the 'Stop Loss and Take Profit Scripts' script by 'file45' for MetaTrader 4 in the MQL5 Code Base, 2014. Jun 16, 2023 · Stop Loss Take Profit Indicator. The SL & TP MT4 Indicator is particularly useful for managing risk and ensuring that traders are able to lock in profits when they reach predetermined levels. I have built this free Stochastic EA for MT4 (MQL4) so that you can use it to generate signals and automatically trade based on the Stochastic strategies for reversal trading and trend The Take Profit forex indicator for MT4 provides traders with 4 suggested take profit (TP) levels for both buy and sell trades. All you have to do is observe the entry, point, stop loss and take profits levels to create a suitable strategy. Stop Loss (SL) & Take Profit (TP) Indicator with Instant Download - Best Collection of MT4 Trading Indicators, Trading Systems, Chart Templates, Color Schemes & EAs for MetaTrader 4 & 5. Step 2. Use Stop Loss and Take Profit Orders: Managing risk is a crucial aspect of forex trading, and MT4 provides powerful tools to help minimize losses and lock in profits. The stop-loss and take-profit values that you set via its input parameters are not visible to the broker. When you place the horizontal line, the number that shows up should be copied down and manually typed in the stop loss box when modifying the current running trade. The indicator also displays the suggested stop-loss (SL) price for both long and short trades. Execution of this order results in closing of the position. This indicator is straightforwardly for Meta merchant 4 or even MT4 similarly as Meta broker 5 or MT5. The idea is to make the market show you a sign of weakness (or strength, if short) before you get out. Sep 15, 2016 · The indicator displays profit (loss) on the current symbol. Nov 21, 2023 · Similarities and differences between SL and TP. Aug 29, 2024 · This is the best Forex indicator is the Super sign Channel exchanging indicator. File –> Open data folder –> MQL4 –> Experts. Stop Loss Take Profit Indicator Feb 23, 2024 · Setting Stop-loss and Take-profit Levels: The Supply and Demand Indicator can assist traders in setting effective stop-loss and take-profit levels for their gold trades. May 26, 2014 · Auto Setting, stop loss, take profit, trailing stop, breakeven levels, enabling virtual stop loss and take profit. May 9, 2024 · It includes customisable settings and money management features such as stop loss, take profit, break even and a trailing stop. Stop loss take profit indicator is designed to solve the above problem. Jul 19, 2024 · Setting Stop Loss With the SLC Indicator. Take profit when the red signal arrow pops up on the chart. If in the case of Take Profit, we recommend setting it at the level of the Stop Loss cluster, it makes sense that your Stop Loss should be placed somewhere else. It has been designed for intraday traders and scalpers. Oct 31, 2023 · Stop Loss Take Profit Indicator. This indicator will help you get good levels. positions r having stop loss already then trail stop ea require Ignored pls. Step-by-step instruction how to make your own Scripts from Scripts Collection. The logic behind it is as follows: Set your Stop Loss at the level with the fewest number of Stop Losses of other market participants. youtube. 08. Click on Sep 10, 2021 · New to MetaTrader? Learn how to set Stop Loss in MetaTrader 4! First important step: Select Regulated Broker:https://eatradingacademy. Nov 21, 2019 · Here I want to give you an EA for to put stop loss and Take profit automatically. This program, the Expert Advisor, is designed to automatically set the Real or Virtual Stop Loss and Take Profit levels for your positions while trading. com/indicator/stop-loss-take-profit-indicator/ - Download FREEGreat tool for buy and sell sig Oct 12, 2020 · Stop Loss Take Profit Indicator. Here’s an example of the 5ATR as a trailing stop loss: Sep 16, 2020 · There is no trailing here - TP Trailing: Trail your stop-loss every time a Take Profit level is hit - Supertrend: embedded supertrend use as a trailing stop - Fixed: Set the Stop-Loss at a fixed position (value should be in currency/units) - ATR multiple: Set the Stop-loss at a multiple of ATR - External connector: Let's say your indicator To summarize, this indicator identifies the best day trading entry point, stop loss, and take profit points based on mathematical calculations to eliminate ambiguity. Top and Bottom lines can work as levels for reversal move and can help set a place for your stop-loss and take-profit. Step 3. Modifying Trades. Take profits indicator 3: Stochastics. You and I both can’t predict how long a trend will last. Add pending orders to calculate — take pending orders into account in calculations. It automatically sets up the trailings stop as soon as you enter a trade. It can set the stop-loss and take-profit for all the active symbols from a single chart. Then move the crosshair around and look at the price to the right side of the screen to determine your stop loss and take profit prices. See full list on indicatorspot. Super useful for risk management or ensuring proper rrr. Characteristics of This EA 1. com/trusted-forex-brok 1. Enter your stop loss and take profit prices in the order entry screen. Consequently, brokers remain unaware of the trader’s specified Best free ea for automatic stop loss and take profit in mt4 stop-loss and take-profit levels. Click New Order. The green horizontally aligned lines represent the suggested take profit prices (take profit here). Log into MT4 and select an instrument from the Market Watch window. 9. Mar 26, 2021 · How to set Stop Loss and Take Profit in MT4https://www. Apr 8, 2024 · Lines Profit Loss Indicator For MT4 helps forex traders automatically calculate profit or loss by dragging the line on a chart. - Free download of the 'Hidden Stop Loss and Take Profit' expert by 'Balrog100' for MetaTrader 4 in the MQL5 Code Base, 2017. Let’s now take a look at an example in the market. In this video, I share how to set orders in mt4 including buy stop, sell stop, buy limit, sell limit. Aug 21, 2017 · Stores and implements a basic hidden Stop Loss and Take Profit system. It predicts the chance of a trade ending in profit or loss. The EA works only with market orders opened manually. It tells your broker how much you are willing to make as a profit with one trade and close it once you@re happy with the amount Mar 31, 2024 · Click on the crosshair button in the toolbar at the top of the MetaTrader screen. May 20, 2022 · This can be tricky since the Stop Loss and Take Profit levels of other traders aren’t visible on MetaTrader platforms. Download free Trailing Stop on Profit EA for MT4 and MT5 and let this MetaTrader expert advisor trail your stop-loss levels once the price reaches some set profit value. Copy the EA to your MT4 experts folder and that’s it! 2. To this end, the Stop Loss Clusters (SLC) indicator is designed to display the level where significant numbers of Stop Losses are placed by other traders. What Is Stop Loss & Take Profit. 2. Jan 1, 2021 · In Metatrader, each time you want to open an order, you have to open a window where you enter the opening price, stop loss and take profit, as well as the trade size. Gain insights into when to enter a position with confidence and when to secure your profits or cut losses wisely. Dec 6, 2019 · Now you can use this knowledge to position both a profit target and a stop level. It is always connected to an open position or a pending order. You only need to enter the values. Drag and Drop Move Take Profit Forex Script with Instant Download - Best Collection of MT5 Custom Scripts, Trading Systems, Chart Templates, Color Schemes & EAs for MetaTrader 4 & 5. Percentage-Based Trailing Stops: Another approach is to use a fixed percentage of the price. In this short trade example, the EA will move the stop loss to breakeven when price hits 2R, then trail the stop loss by 1R when price hits 4R. This ranges between 0 and -100. The best MT4 scripts can be easily installed and used on the platform, allowing you to perform multiple actions with a single click. ). The main purpose of setting is to close the trade automatically when the price reaches that level. Jun 7, 2018 · I'm trying to figure out if there is a correct way to set the Stop Loss (SL) and Take Profit (TP) levels, when sending an order in an Expert Advisor, in MQL4 (Metatrader4). Nov 8, 2021 · To set stop loss and take profit on MT4 Android, you will use your horizontal tool to mark the line at which you want to set your take profit/stop loss. With this XAUUSD scalping strategy, we should also consider a Stop Loss and a Take Profit. Place the stop loss above the purple dotted line. There is also a multiplier value – in the example above we’ve asked the panel to trail by 2x our risk size. With Lot Size Calculator, you can: Set your risk management preferences. This good indicator, I like this. Traders can set stop loss orders to limit potential losses by automatically closing a position at a specified price level. Sep 3, 2023 · It is crucial to remember that no indicator is foolproof, and traders should always use their judgment and combine multiple indicators for better accuracy. MetaTrader 4 doesn't include a function to alert you when the price hits automatically generated levels, but the Support and Resistance Lines indicator can do it. But what you can do is, use a trailing stop loss and take what the market offers you. And if you’ve been This indicator measures the degree of price volatility by computing the average range of price movements over a given period. 06 This Take Profit indicator is becoming one of the most popular indicators due to its ability to display the best take profit points at the best times. 8. Confirmation of Signals: Indicators are excellent tools for confirming trading signals derived from other analyses, such as chart patterns or fundamental analysis . Set stop-loss and take-profit by dragging lines on chart. By offering color change signals, sound alerts, and customizable stop loss and take profit levels, this indicator provides valuable guidance for market entry decisions. Notifications included! This MT4/MT5 EA is open-source. This Profit Info Indicator was developed by Martin Pring, a renowned trader and author of several financial books. Similarly, the indicator plots all the Fibo levels and enables the trader to place the best stop loss and take profit points. The utility works with any market orders opened by a trader manually or using advisors. Auto set stop loss and take profit. In trading the financial markets, capital management is essential to maintain your initial deposit and multiply it. The protective Stop-Loss level is the price at which you want the position liquidated when/if the loss has reached the maximum risk tolerance. Take-Profit: Aim for a risk-reward ratio of at least 1:2. The Stop-Loss and Take Profit MT4 indicator displays the stop-loss and take profit level for any open buy/sell position on the trading chart. By setting a stop-loss at a multiple of the ATR, traders can allow their stops to adapt to changing market conditions. Aug 27, 2021 · Auto Hidden Stop Loss and Hidden Take Profit MT4 is an assistant for all those who forget to set Stop Loss and Take Profit in deal parameters, or trade on a very fast market and fail to place them in time. 1. This indicator is very good! This is the best indicator, thanks. Disadvantages of Trailing Stop Loss. Astop loss take profit indicator works by setting a predetermined stop loss price and then triggering a take profit order if the stock trades below that price. Then, your take profit levels are R-multipliers based on your stop loss. In2Blues. there are plenty of trailing-eas available. Hidden Stop-Loss and Take-Profit. It then provides you with an ideal entry point. The MetaTrader script SetFixedSLandTP (short for Set Fixed Stop-Loss and Take-Profit) allows you to set a stop-loss and an optional take-profit price for all orders based on a set of filters. For a counter-trend trade setup, your task is to place the stop loss just beyond either the high or the low made by the setup that indicates a potential trend change. These are two types of limit order. Jun 20, 2023 · However, with the advent of the Automatic Stop Loss and Take Profit System, traders now have a powerful tool at their disposal. If the 20% threshold is where you are Oct 12, 2020 · The World's largest database of Metatrader 4 & 5 Indicators, Systems & EA's. Nov 3, 2023 · As a result, you might have to be magnanimous with your stop loss (sl) so that the market doesn’t take out your stop loss before reversing. com/b/OTSFilte Profit Target Indicator with Instant Download - Best Collection of MT4 Forex Indicators, Trading Systems, Chart Templates, Color Schemes & EAs for MetaTrader 4 & 5. bybit. The indicator is adaptable to the markets and will not show levels when the probability of success is low. A simple R/R indicator that allows you to input your entry price and stop loss (in ticks). Stop-Loss: Set the stop-loss just below the recent swing low or a crossing median and price bar. Stochastics, or any momentum indicator, can be a good early-warning signal to tell us that momentum has dropped off and it’s time to jump out of a move. Jun 5, 2024 · Step 1. How to Set Stop-Loss and Take-Profit Orders in MT4. Drag the instrument into the graph area. One level helps to limit the losses and close the deal with minimal losses, and the other one does not allow you to lose the profit you have already gained, closing the position in the plus at the level you have specified. In effect, this Auto Fibonacci retracement indicator automates the process of identifying the best top and bottom to draw the Fibonacci tool. Take profit orders allow traders to secure profits by automatically closing a position at a predefined profit target. How to use it? Adjust your Stop Loss and Take Profit values, choose whether you wish to turn on or off trailing stop option; Choose for the EA to apply SL and TP to the current chart symbol only, or to all open orders (not shown in image Exit a position — these levels can be set as take-profit or stop-loss; one could even use them as a trailing stop. It tells traders whether a stock is overbought or oversold. You can have up to 5 take profit levels on your chart. By default, the indicator will calculate the optimized stop loss and take profit for a given trade time, and required win/lose ratio. The indicator will provide exit points (stop loss and take profit) levels depending on the determined buying or selling price. Mar 25, 2024 · A stop loss take profit indicator (SLTPI) is a tool used Hedging Strategy in day trading to help manage risk. Warm Regards, SL_TP Values. By setting this, traders can minimize losses and risk factors. To do this, simply enter your particular price level in Stop Loss or Take Profit fields. Oct 16, 2020 · The Super Trend Profit MT4 Indicator is a promising tool for Forex traders seeking a non-repainting trend indicator with high profitability. Its new indicator with new algorithms. Ghost stop-loss and take-profit EA has several important features that will help you achieve your trading goals. Once you’ve filled everything out, click the Place button to enter your trade. Why is the best? because you can use it every single trade and the informatio For example, the EA can be used to manage trades by setting stop-loss and take-profit levels for market, limit, and stop orders simultaneously. It shows the trend change, the entry point to the transaction, as well as automatically calculates three levels of Take Profit and Stop Loss protection Trend Line PRO is perfect for all Meta Trader symbols: currencies, metals, cryptocurrencies, stocks and indices Advantages of Trend Line PRO Never redraws its signals The Sep 12, 2012 · Hi chris, I have been using the quik trailng ea for some time now Just recently since changing to the latest mt4 with one click trading i can no longer drag and drop the stop loss lines. It shows the levels where traders are likely to enter the markets, place stop-loss and take profit orders. If you provide a stop loss and take profit as input, the indicator will work in “analyze mode” and will display the predicted outcome for a trade based on the values you have provided. Download our content for free & unlock your true trading potential today. I also can not change the values in Mar 15, 2024 · Stop loss and take profit are stop orders that close a position when the price reaches their value. Select the percentage of risk. Feb 4, 2017 · The panel can take a snapshot of the entry-stop spread size when it first places the trade, store it in its memory, and trail your stop loss by that distance. Download the “Entry Take Profit. Usage: The indicator is mapping a trend and prints ascending or descending channel on the chart during the price development. Step 1 – How to set up Stop Loss and Take Profit in MT4 Modify trade in the Order window. Check the FXSSI Lifetime Deal: 70% OFF only on Black Friday! Jun 4, 2023 · For example, if a stock is purchased at $30 and the stop-loss is placed at $24, the stop-loss is limiting downside capture to 20% of the original position. You can send pop up alert and send an alert to your phone. In some cases, however, you can pay a fee for a guaranteed stop-loss order, or your broker may close a position due to margin rules or provide what is called negative balance protection. 7. It can give dynamic changes in value activities. It is not 100%, but it is better that most free indicators. Stop loss allows traders to limit losses, while take profit enables thjem to save their gains. There may be cases where you need to open an order quickly or you simply forget to set a stop-loss and take-profit for your order. It is a momentum oscillator Breakout Chart Box designed to major trends long ter, or short term and trend reversals trading indicator in. The upper or lower cluster depends on trade direction: the lower is for Sell trades, and the higher one is for Buy trades. Sep 8, 2020 · Hello Guys today I gonna talk about maybe the best indicator for forex trading. In the Order window, you can modify your order starting from the order volume (lot size) and setting up Stop Loss or Take Profit. The stop loss and take profit indicator is a very reliable indicator. At first glance, stop loss and take profit are very simple to use. Metatrader Stop Loss Take Profit Indicator: This Metatrader indicator is for calculating optimal stop loss and take profits. It is important to note that the placement of stop loss and take profit orders is a personal decision. Take profit when the blue signal arrow pops up on the chart. Nov 7, 2023 · Both Stop Loss and Take Profit orders are basically you as a trader telling your broker when to close your trades. There is also a function to indicate if it is a long or short setup. Configure stop-loss and take-profit by points or prices. Download This Forex Indicator. Our seventh indicator in our list applies the Elliott wave to identify the potential entry points for day trading. After we open a trade, we’ll consider another indicator that’s called the Williams Percent Range (%R). Take Profit Take Profit order is intended for gaining the profit when the security price has reached a certain level. Equipped with trailing stop-loss with steps based on the trade's open price. Features of KT Auto SL TP EA. The The Trend Line PRO indicator is an independent trading strategy. Indicator: Details page: Metatrader Money Management: A Metatrader money management tool to keep your account within healthy risk limits. XAUUSD Scalping Strategy – Settings for the %R Indicator. S/L and T/P orders can be placed at levels that are based on market analysis, trend patterns and various indicators. This means that you The dynamic mt4 support and resistance indicator plots the trend of over 20 markets. Check the FXSSI Lifetime Deal: 70% OFF only on Black Friday! Jan 1, 2021 · StopLoss and TakeProfit Utility MT4 for automatic setting of stop loss and take profit levels. 5 days ago · Learn how the Stop Loss Take Profit V2 Indicator automatically calculates key levels to manage risk and secure profits in your trading strategy. Set the initial take-profit level at the next resistance or based on the extension of the Run Median trend. It can be used for various tasks such as placing multiple orders at the same time, setting stop loss and take profit levels, and closing all open positions. You can set stop-loss and take-profit as a distance (in points) from the trade's open price. Jul 6, 2019 · This is a trend indicator without redrawing Developed instead of the binary options strategy (by the color of the Martingale candlestick) Also works well in forex trading When to open trades (binary options) A signal will appear in the place with a candle signaling the current candle It is recommended to open a deal for one candle of the current timeframe M1 and M5 When a blue dot appears Jan 6, 2014 · A collection of predefined Scripts immediately available for use without having to key-in. Stop-loss and Take profit can be written as SL and TP. The main advantage of using stop loss and take profit is the ability to control financial risks and use money management. Look h Apr 21, 2024 · The indicator stop is a logical trailing stop method and can be used on any time frame. 21 Aug 28, 2022 · Why use a trailing stop loss? Let’s be honest. This is particularly useful for profit targets as there are many times you notice price reversing right before it hits your profit target – fishy right? Jun 4, 2024 · In conclusion, placing stop loss and take profit orders on MT4 is a relatively simple process. Apr 30, 2014 · pleace is any one have tested trailing stop ea . To automate Stop Loss order following the price, one can use Trailing Stop. ex4” MT4 indicator The third stop loss/take profit strategy example is the 'Counter-trend Price Action Trade Setup Stop Loss Placement'. 45 KiB. When i double click the line the mt4 order box appears. As well as how to place a stop loss and take profit ord Aug 27, 2024 · The Profit Info Indicator are best indicator in trading. Elliott Wave Count Indicator. Now here’s the truth: Most of the time (even if you use a trailing stop loss), you’ll not ride a trend. By following the steps outlined in this article, you can quickly and easily set these orders to protect your profits and limit your losses. 3. Our Telegram Channel- Free Signals :https://t. Calculation in money or in points — calculate the profit/loss in points or money. For anyone interested here is my personal s/l t/p indicator. Stop-loss hunting occurs when brokers manipulate prices to hit your stop-loss orders, a practice that is unethical and, in many jurisdictions, illegal. It is not showing target levels. The indicator analyzes the market and determines the trend direction. This tool automatically tracks trades without Stop Loss and Take Profit and checks what level should be set in accordance 🔝 Modify Stop Loss or Take Profit Forex Script with Free Download - Best Collection of Free MT4 Indicators {mq4 & ex4}, Forex Systems, Chart Templates & EAs (Expert Advisors) for MetaTrader 4/5. I just need to get it work on indices and stocks. com/watch?v=kx88UBCS7PMToday I am going to show you how to set a stop loss and take profit in Jul 27, 2023 · Timing is everything in forex, and this section is all about showcasing the ultimate entry and exit indicators for MT4/MT5. Download SHI Channel True Feb 15, 2021 · Stop Loss & Take Profit Indicator with Instant Download - Best Collection of MT4 MQL4 Indicators, Trading Systems, Chart Templates, Color Schemes & EAs for MetaTrader 4 & 5. The Take-Profit level is the price you want the position closed when/if the target profit has been achieved. Free to download and install. A dialogue box will appear to confirm that your trade has been executed. The Pro Trader’s Tool: Stop Loss Clusters Indicator. You can freely drag and drop the line to display the current profit or loss. This semi-automated system not only generates signals for entry, stop loss, and take profit, but also helps determine the trend direction. This indicator is probably the best I have ever used as far as opening a trade and closing in profit is concerned 10 out 10 for the author of this indicator. This is an Expert Advisor for placing stop loss and take profit levels automatically. The functional template is: OrderSend( symbol, cmd, volume, price, slippage, stoploss, takeprofit, comment, magic, expiration, arrow_color); May 14, 2024 · Lines Profit Loss Indicator for MT5 helps forex traders calculate profit or loss automatically by dragging a line on the chart. Mar 8, 2024 · Stop Loss and Take Profit Orders: Stop loss and take profit orders are crucial risk management tools. Jun 15, 2024 · This EA allows users to set stop-loss and take-profit values without saving them in the MT4 order information, ensuring that only the EA can access this information. 01. It gives you the ability to see s/l and t/p levels on your chart in pips or points. SELL: A red downward pointing arrow that gets printed on the chart represents a sell signal. Jun 15, 2024 · This deceitful tactic can be avoided, and one method is by employing a hidden stop-loss and take-profit EA for MT4. Parameters. If the stock moves above the stop loss price, the SLTPI will sell the stock The logic is quite simple: if you have an open trade, set Take Profit at the level of the Stop Loss cluster. Jun 5, 2024 · They help in setting appropriate stop-loss and take-profit levels, ensuring traders minimize losses and lock in profits. Mar 31, 2024 · To take the work out of trailing your stop loss by R, our Trailing Stop EA for MetaTrader makes it easy. Free download and installation. Best Systems for Pullbacks, Reversals and Breakouts with Instant Download - Best Collection of MT4 Breakout Indicators, Trading Systems, Chart Templates, Color Schemes & EAs for MetaTrader 4 & 5. You’ll notice that by using a Pending Order, you also have the option to set an expiry date on your order. The Take Profit indicator draws all suggested TP lines (TP 1, TP 2, TP 3, TP 4) on the chart. This indicator is utilized to amass information history. Created by a professional trader for traders. Remember that Stop Loss will be executed automatically when the market moves against your position (hence the name: stop losses), and Take Profit levels will be executed automatically when the price reaches your specified profit target. This function works for any currency pair and timeframe. A take profit is pretty much the exact opposite. com Download Free Stop Loss (Sl) & Take Profit (Tp) Mt4 Indicator. Nov 4, 2016 · The indicator displays profit (loss) on the current symbol. The Stop Loss Clusters indicator shows you where other traders from several reputable forex brokers are placing their stop loss. How To Enter Trades Using The Stop Loss Cluster (SLC) Indicator The indicator works on all currency pairs and all timeframes including M1. Stochastic EA Trading Strategy. I ve tried placing the stop loss order in the box but when i get out of the box the stop loss go back to the auto s/l. By placing stop-loss orders below demand zones for long positions and above supply zones for short positions, traders can limit their potential losses and protect their capital Aug 30, 2020 · The red horizontally aligned line represents the stop loss price (place stop loss here). iel tjzkus hjxtnoe eqxo oltom psfdxtl khrxisoh upocc unv fru