In crypto trading, setting a stop-loss limit is always a nightmare for many new traders. There are many techniques and analysis tools, but a few of them incorporate stop loss and take profit margins for you.
For this reason, the 4C signals platform is introducing a Volatility Stop Loss Helper in our platform. Here is a quick overview of how this tool works.
This stop-loss placement tool looks almost like Bollinger bands and but its working is very different. The tool not only acts as a stop loss indicator but also signals the price volatility from which it generates the possible stop-loss limits.
How it works
The stop-loss indicator does not generate buy signals. As stated earlier, you will have to use other tools to determine Buy and Sell signals.
After determining your entry points, then you can now introduce the stop loss ultimate tool. Since this ultimate tool uses its volatility indicator feature to give stop-loss signals, the signals will always be out of the volatility range, giving your trade room to utilize the price retreat than closing early.
Secondly, the tool comes with some impressive settings that give you more freedom. For instance, you are not limited to using the indicators limits. You can adjust your stop loss size depending on your strategy and risk tolerance. Additionally, you can customize the transparency, opacity, and colors on the charts, depending on your preference.
As usual, any comments, questions, and suggestions are highly welcomed in the comments section, and we will get back to you. Trade Safe!
You can join us on Telegram for a follow-up of the market throughout the day.
For any question, our team will be happy to answer you on our support which is open 7/7 days.
For any information about our subscriptions, please visit our website or contact @butler_4c_bot directly to get all the information you need.