Trailing Stop Loss Bitcoin Order Levels Bitcoin Trading Analysis & Trailing Stop Loss Bitcoin Order Levels Trading Signals

Developed by Tushar Chande.

This is a volatility based technical indicator that is used to estimate levels to set stop-loss levels. Distance at which it estimates the trailing stop level is determined based on market volatility.

The Levels of the two lines, these 2 lines represent:

• Long Stop Level - Blue Line
• Short Stop Level - Red Line

The long stop level line has much wider range in terms of where it trails stop loss as compared to short stop level which implements a tight stop loss.

This btcusd indicator is volatility based when it comes to trailing and following the bitcoin trading price action. Trailing Stop Levels will trail the above the bitcoin trading price in downwards market bitcoin trend and trails below the bitcoin trading price in an upward market trend.

Bitcoin Analysis & Generating Trading Signals

These will be calculated using volatility to calculate where to draw the indicator - this is used to figure out what levels to set stop losses.

Upward Bitcoin Trading Trend

In an upwards bitcoin trend these levels will follow below the bitcoin trading 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 bitcoin trading price goes higher the trailing level also goes higher. An exit signal is generated when bitcoin trading price crosses below these levels.

Bitcoin Uptrend

Downward BTCUSD Trading Trend

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

Bitcoin Downtrend

When bitcoin price starts to retrace these levels will not retrace but will remain at their levels, this will mean at some point the trade will be closed by the trailing stop loss.