Trailing Stop Loss XAUUSD Order MT4 XAUUSD Indicator

Developed by J. Welles Wilder and is used to set trailing gold price stops. This Trailing Stop Loss XAUUSD Order Indicator was originally developed to analyze trending XAUUSD Markets. It is drawn as a xauusd chart overlay indicator, that is on the gold price chart itself.

This is a very accurate xauusd indicator for providing exit points and thus it is used to set trailing stops and is usually referred to as the "SAR" (stop-and-reversal) - Trailing Stop Loss XAUUSD Order MT4 Gold Indicator.

This Trailing Stop Loss XAUUSD Order MT4 XAUUSD Indicator is drawn above or below the gold price - it is drawn as a series of dots. The length of movement of the SAR will be determined by the scale of the gold price movement.

In an upward xauusd trend the parabolic SAR will be below the gold price. As long as the up xauusd trend continues then the SAR will continue being below the gold price - Trailing Stop Loss XAUUSD Order Indicator. When gold price move down and the parabolic SAR goes above the gold price then the xauusd trend reverses to bearish.

This trailing stop loss indicator uses a parabolic calculation to draw the series of dots, This means that if the gold price stops moving up with the same acceleration, the parabolic will continue with the same acceleration thus at some point the gold price will hit the indicator if it slows down too much.

Interpretation

This Trailing Stop Loss XAUUSD Order MT4 XAUUSD Indicator provides excellent exit points. You should close long positions when the gold price falls below the SAR and close short positions when the gold price rises above it.

If you are long, the Parabolic SAR - Trailing Stop Loss XAUUSD Order MT4 XAUUSD Indicator will move up every day, regardless of the direction the gold price is moving. The amount this xauusd indicator moves up depends on the amount that xauusd prices move.

The same technical analysis will also apply to a downward xauusd trend, the parabolic SAR - Trailing Stop Loss XAUUSD Order MT4 XAUUSD Indicator will be above the gold price and it should remain above the gold price until the bearish down xauusd trend reverses.

The xauusd chart below shows an example of the Parabolic SAR in an up xauusd trend xauusd market, You can see how it trailed below the gold price (Bullish XAUUSD Market) until when it was hit and the xauusd trend reversed.