LeManStop

The real author: LeMan The indicator to determine Stop Loss. This indicator was first implemented in MQL4 and published in Code Base at mql4.com on 05.10.2009.   Fig.1 The LeManStop indicator   LeManStop – indicator MetaTrader 5

Trend-following indicator LeManStop is a representative of system LeMan and displays Stop Loss levels for the existing positions in the chart. It draws two Stop Loss lines for Long and Short positions, displayed in different colors. It has six configurable parameters: Period – calculation period; Coefficient – coefficient of stop line deviation from the price; … Read more