Trailing Stop Loss Oil Trading Order Levels Crude Oil Technical Analysis & Trailing Stop Loss Oil Trading Order Levels Crude Trading Signals

Created by Tushar Chande.

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

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

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

Long stop level line has much wider range in terms of where it trails the stop loss as compared to short stop level that implements a tight stop loss.

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

Oil Technical Analysis and Generating Crude 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.

Upwards Oil Trading Trend

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

Oil Trading Uptrend

Downwards Crude Trading Trend

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

Oil Trading Downtrend

When crude oil 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.