A potent tool for traders is the Trend Scanner with StopLoss Price Panel, created based on the Price Channels Stop indication.
The indicator is used to determine trends, the upper and lower channels indicate possible bullish or bearish movements. Furthermore, the scanner dashboard included the fluctuating volatility to determine the best stop-loss positions dynamically.
It compiles all data into a single dashboard, offering a brief synopsis of patterns and Average Price stop-loss thresholds for different