I just notice something about the MA crossover signal indicator. It seems that the signal appears at some point that can be use as stop loss level. The signal is 13 EMA and 21 EMA crossover and I haven't try with other MA period and I use 1 hour chart. This is what I saw:
You can see on the right side that the EMAs crossed again when the SL level got hit. Here is another.
The particular signal above could really help in that kind of price movement. You can also set your position sizing based on that signal. Well, I cannot post all of my samples here so you can download the indicator below and try it yourself. Have a great weekend all..
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