Oghenevwegba Thankgod Emuowhochere / Profile
- Information
|
no
experience
|
1
products
|
0
demo versions
|
|
0
jobs
|
0
signals
|
0
subscribers
|
Stop-Loss Hunt: Surviving Institutional Market Manipulation
Mystic Pulse V2.0 is a trend-strength indicator built on the Directional Movement System (DI+ / DI−). It counts how many consecutive candles show increasing bullish or bearish momentum. Rising DI+ builds a Positive Count (uptrend pressure), while rising DI− builds a Negative Count (downtrend pressure). These counts reset when momentum weakens, giving a clear visual view of trend persistence and potential reversals. This MQL5 version is a conversion of the original TradingView script by
Stop-loss is a major tool when it comes to money management in trading. Effective use of stop-loss, take profit and lot size can make a trader more consistent in trading and overall more profitable. Although stop-loss is a great tool, there are challenges that are encountered when being used. The major one being stop-loss hunt. This article looks on how to reduce stop-loss hunt in trade and compare with the classical stop-loss usage to determine its profitability.
