Trailing Stop Loss XAUUSD Order Levels Gold Technical Analysis & Trailing Stop Loss XAUUSD Order Levels Trading Signals

Created by Tushar Chande.

This is a volatility based indicator that is used to estimate levels to set trailing stoploss order levels. Distance at which it estimates the trailing stoploss order level is decided based on market volatility.

The Trailing Stop Loss Gold Order Calculation Indicator Levels are 2 lines, these 2 lines represent:

• Long Trailing Stop Loss Gold Order Calculation Indicator Level - Blue Line
• Short Trailing Stop Loss Gold Order Calculation Indicator Level - Red Line

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

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

XAUUSD Trailing Stop Loss XAUUSD Order Example Indicator Trading Signals

Gold Trailing Stop Loss Order Levels will be calculated using volatility to calculate where to draw the indicator - this Gold Trailing Stop Loss Order Levels Gold Indicator is then used to figure out what levels to set stop loss orders.

XAUUSD Trailing Stop Loss Order Example Technical Indicator Trading Signals

In an upward gold trend these trailing stop loss order lines will follow the upwards trend below the xauusd price. The trader can use either the short trailing stop loss order level line to set up a tight stop loss order or the long trailing stop loss order level to set a stop loss order that is not very tight. As the xauusd price goes higher trailing stoploss order line also goes higher. An exit gold signal is generated when price crosses below the these trailing stop-loss order lines.

Gold Trailing Stop Loss Order Example Indicator on Gold Upwards Trend

XAUUSD Trailing Stop Loss Order Example Technical Indicator Trading Signals

In a downward gold trend the trailing stoploss order lines will trail above xauusd price & these two trailing stop loss order zones can be used to set trailing stop-loss orders. As the xauusd price drops further these trailing stop loss order lines will continue to drop lower & follow the xauusd price lower. An exit gold signal is generated when price crosses above these trailing stop-loss order lines.

Gold Trailing Stop Loss Order Example Indicator on XAUUSD Downward Trend

When xauusd price starts to retrace these trailing stop loss orders will not retrace but will remain at their trailing stop loss order levels, this will mean at some point the open gold trade will be closed by the trailing stop loss order lines calculated by the - Gold Trailing Stop Loss Order Example Indicator.

Gold Trailing Stop Loss Order Example Indicator - Gold Trailing Stop Loss Order Example - Trailing Stop Loss Gold Order MT4 Indicator