Precision adaptive stop

Please view examples before downloading

The Precision adaptive stop loss, automatically sets its distance from the price action and catches the large moves.

Mathematical formulas carefully chosen to provide optimal trading success make this indicator far superior to

typical fixed percentage, or optimised percentage stop systems. It can be set up either to switch if the highs or

lows hit the stop, or the close can be used. The chart examples below show the default multiple 1 setting. But this

can be adjusted to fit into the individual traders methodology. Increasing the multiplier would widen the stop for

longer time frame trading, and reducing it would make for a faster tighter system. Immensely versatile in its

applications

this is probably the single most important tool in my trading kit. It enables me to relax in my trading, knowing that

the stop loss exit levels are in the right place.

Download Precision STOP indicator for Tradestation

Chart 1

This stock has price action which is typical of the larger stocks traded on the LSE sets platform. It is not

ideally suited for a trend following system, because the price action is spiky, choppy and noisy, and stop loss

orders need to be farther away to avoid premature exits. The Precision adaptive stop loss for Tradestation however, manages to avoid the "false" price action and stays a safe distance away.

Chart 2

This stock has price action which is more suitable than that of the above, and because the direction of

the trend is more clear and less fake moves exist, the Precision adaptive stop loss for Tradestation can work at a smaller percent distance than chart1, so this makes for a more favourable risk reward ratio as initial risk to stop loss is smaller. Just about good enough for use with a trend following system.

Chart 3

This stock has price action which is ideally suited for a trend following system. The Precision adaptive stop loss can work at a very small distance from the price action, thus making exceptional risk reward ratios possible. The magnitude of false, contra trend moves are small or non existent, thus making the type of stock and excellent choice for the trend trader.

Chart 4

The ideal kind of chart for trend following, false moves are tiny, and the trends are gentle and consistent.

The Precision adaptive stop loss for Tradestation tracks the trend effortlessly and efficiently. Download 30 day trial