Tipu Stops

Tipu Stops - is a simple indicator that draws a channel stop-loss on the purchase / sale, as well as their value in pips by means of widely used indicators. Tipu Stops can also operate as a supplement to Tipu Trader panel. You can use the values ​​of Tipu Stops in Tipu Trader before you apply for a trade panel.

How to use

Pin indicator on the chart and select a preferred method for calculating the stop loss. You can select one of the following methods:

• Average True Range PRICE_CLOSE.


• Strips Average True Range for Moving Average Hala.


• channel Donchyana


• Parabolic SAR


• High / Low last jump

Options

• Show Labels - display information about the number of pips on the chart, true / false


• Buy SL Color / Sell SL Color - the color of the horizontal lines


• Line Style, Line Width - lines format


• ATR Settings - Period ATR, ATR multiplier


• Hull Moving Average Settings - Hal settings Moving Average: period used price, period MA, MA and method used price MA




• This section uses the ATR settings from the previous section and building ATR channel on Moving Average Hala




• Donchian Channel Settings - period for the construction of the channel Donchyana


• Parabolic SAR - it is a known indicator, created by Welles Wilder, who also can be used to provide trading signals. You can also consider Tipu Parabolic SAR and Tipu Parabolic SAR Dashboard, if you want to create your own strategy for trade / notifications using Tipu Panels.


• Last Swing High / Low - ZigZag settings - it nepererisovyvayuschiysya ZigZag indicator. He is one of the most powerful indicators for recognition of price jumps.