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Advantage nBar HighLow Stop
Version 2
Often the simplest solutions are the best and can successfully compete with the complex ones. nBar High/Low Stop is a simple, but time-proofed Stop Loss and Trailing Stop for trending markets. It generates a stop line based on the lows or highs from the last n bars. It can be used both as a stop to exit the current position or as a trigger to enter the market when the stronger movement is expected. nBar High/Low Stop lets the profits grow during the trend and filters signals from other indicators. It may seem like a very simple tool, but we have modified the base formula so that the indicator sticks to the price closely in a trend and gives more room in a consolidation. nBar High / Low Stop is also very flexible and any trader can adapt it to their needs. It can be set to a various number of bars, switched to long or short positions, and to open or exit trades. We believe, that profitable trading is achievable only if you have great tools and understand how to use them. Therefore, do ...
Often the simplest solutions are the best and can successfully compete with the complex ones. nBar High/Low Stop is a simple, but time-proofed Stop Loss and Trailing Stop for trending markets. It generates a stop line based on the lows or highs from the last n bars. It can be used both as a stop to exit the current position or as a trigger to enter the market when the stronger movement is expected. nBar High/Low Stop lets the profits grow during the trend and filters signals from other indicators. It may seem like a very simple tool, but we have modified the base formula so that the indicator sticks to the price closely in a trend and gives more room in a consolidation. nBar High / Low Stop is also very flexible and any trader can adapt it to their needs. It can be set to a various number of bars, switched to long or short positions, and to open or exit trades.

We believe, that profitable trading is achievable only if you have great tools and understand how to use them. Therefore, do not hesitate to contact us with any questions or for more information: www.advantagetrading.net

Your feedback is very important to us! If you have any tips to improve our indicators or new trading ideas to implement, please share them with us: newtradingideas@advantagetrading.net
What's New
Version 2
Description and manual changes.

Version 1
Version 2
Description and manual changes.

Version 1
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Requirements
Tradestation 9.5 (Update 16)
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Asset Type
Stock, Future, Forex, Option
Style
Swing Trading
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Trend
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