VSTOP indicator for candlestick chart
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Can we have this indicator in rzone???
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We have taken note of your suggestion and the same has been forwarded to the concerned team.
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Yes that would be a good addition to the tools. vSTOP
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It is available in trading view as VSTOP. It is a kinda effective way to trail stops in a strong trend. the top three concepts associated with volatility stop-loss are volatility measurement, safety multiple, and price anchor which can be high close MAs anything. This is my limited understanding and I am currently tracking it on weekly and monthly
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Namaste Brijesh bhai - A volatility stop takes a multiple of the ATR, adds or subtracts it from the closing price, and places the stop at this price. Please refer the link below for more info
https://www.investopedia.com/articles/trading/09/volatility-stops.asp
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