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Trailing Stop Loss Gold Trading Order Levels Gold Trading Analysis and Trailing Stop Loss Gold Trading Order Levels Gold Trading Signals

Developed by Tushar Chande.


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


Trailing Stoploss Levels XAUUSD Indicator



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


  • Long Stop Level - Blue Line

  • Short Stop Level - Red Line


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


This indicator is volatility based when it comes to trailing and following the xauusd price action. Trailing Stop Levels will trail the above the xauusd price in a downward market gold trend and trails below the xauusd price in an upward market trend.



XAUUSD Trading Analysis and Generating XAUUSD Trading Signals


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


Upward Trend

In an upward gold trend these levels will follow below the xauusd 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 xauusd price goes higher the trailing level also goes higher. An exit signal is generated when xauusd price crosses below these levels.


Trailing Stop Levels Technical XAUUSD Indicator on XAUUSD Uptrend

Gold Uptrend


Downward Trend

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

Trailing Stop Levels Technical XAUUSD Indicator on XAUUSD Downtrend

Gold Downtrend


When xauusd 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.

 

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