Trailing Stop Loss Silver Trading Order Levels XAGUSD Technical Analysis & Trailing Stop Loss Silver Trading Order Levels Trading Signals

Developed by Tushar Chande.

This is a volatility based technical indicator that is 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 2 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 stop loss as compared to short stop level that implements a tight stop loss.

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

Silver Technical 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.

Upwards Silver Trading Trend

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

Silver Uptrend

Downwards XAGUSD Trading Trend

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

Silver Downtrend

When xagusd 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.