Stop Loss Type
Place your stop with options regular ATMs don\'t offer — applies to all orders.
The Stop Loss Type sets where your stop loss is placed when you enter a trade — Predator X offers several options not available in regular ATMs. This applies to all your orders, auto and manual.
Sets your stop at the high or low of the previous bar. Can offset from that high/low, and set the range of candles to look for the highest/lowest points.
Sets your stop X ticks away from your entry price.
Sets your stop based on the current ATR value multiplied by a user-defined number, measured from the entry price. Automatically adjusts to current volatility / average bar range.
Sets your stop at the current SuperTrend value. Entering Long, the SuperTrend must be green and below current price; entering Short, red and above. If you enter and the SuperTrend isn't on the correct side, it automatically sets a safety stop based on the Min/Max settings.
Sets a stop based on a percentage of the current price. e.g. at $22,500 with a 1% stop, the stop sits $225 away ($22,275 when Long).
Set your stop to any indicator plot:
- 'Show Historical Trades' must be OFF (works only in Real-Time / Market Replay).
- Your indicator plot must be on the chart BEFORE enabling the Predator.
- After enabling, wait for a price change (when your PNL shows on the chart).
It will then appear in the Stop Loss and Trail Stop drop-downs in the Chart Trader panel. Use the Split Stop Loss button to choose a different stop for Long vs Short.
Limits the minimum and maximum number of ticks for your stop.