2. Chart based Stop
There are several approaches to placing protective stops:
- stops based on swings high / low,
- stops using trend lines,
- Fibonacci related stops, etc.
Let's take a look at some examples below:
A stop loss based on the last swing low (double-bottom pattern
There are several approaches to placing protective stops:
- stops based on swings high / low,
- stops using trend lines,
- Fibonacci related stops, etc.
Let's take a look at some examples below:
A stop loss based on the last swing low (double-bottom pattern
Chart based stops are widely used in combination with simple equity stops.
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