What's Stop Loss Levels Indicator Buy Signal and Sell Signal?

Forex Stop Loss Levels Indicator Buy Signal

How to Generate Buy Signal Using Stop Loss Levels Indicator

Steps on how to generate buy signals using Stop Loss Levels indicator:

This Stop Loss Levels indicator buy signal tutorial explains how to generate buy signals using the Stop Loss Levels indicator as shown below:

Upward Trend

In an upward trend these levels will follow below the currency price. The trader can use either the short stop level line to set up a tight stop or the long stop level to set a stop loss that is not very tight. As the price goes higher the trailing level also goes higher. An exit signal gets generated when price crosses below these levels.

Uptrend

How to Generate Buy Signals Using Stop Loss Levels Indicator

Forex Stop Loss Levels Indicator Sell Signal

How to Generate Sell Signal Using Stop Loss Levels Indicator

Steps on how to generate sell signals using Stop Loss Levels indicator:

This Stop Loss Levels indicator sell signal tutorial explains how to generate sell signals using the Stop Loss Levels indicator as shown below:

Downward Trend

In a downwards trend the stop loss levels will trail above the currency price this two levels can be used to set these levels. As the price drops further these levels will continue to drop lower & follow the price lower. An exit signal gets generated when the price crosses above these levels.

Downtrend

How to Generate Sell Signals Using Stop Loss Levels Indicator