Testing New Stop-Loss Technique

Hello, dear community.

We are now developing a new technique of setting stop-loss calculated individually for each position based on many factors.

The main indicator that our smart system analyzes in support levels. It collects information on historical support levels, determines the support level in the order book etc.

With the data collected from the analysis, it is possible to calculate a stop-loss that is the most suitable for a certain pair. This technique helps reduce losses and avoid closing positions when the price goes down as a result of correction or some other reason which assumes a following raise of the price.

Our last trade was the first one that we made using our smart stop-loss system. It is now in a testing mode. Unfortunately, the trade resulted in a 6% loss. But this showed our trading analysts some imperfections of the system and we continue improving it and making it more accurate.

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