Stop Loss (Timeframe/PointBuffer/Value)

Stop Loss Timeframe: Define the Unit of Time you want ARYA to calculate the Stop Loss. Choose ‘Current’ to have ARYA base the Stop Loss calculation on the UT you are viewing or choose another UT from M1 (minute 1) to MN1 (month 1).

Stop Loss Point Buffer: Input a value here and ARYA will be able to shift your Stop Loss by that number of points. Example: If you input 5, ARYA will place the Stop Loss 5 points above/below (depending on the trade direction) where your Stop Loss was set.

Stop Loss Value: Ensure you input a value here when using Stop Loss Point, Volatility, Price and Percentage.

HubSpot Video

Stop Loss Type: Define how you want ARYA to calculate your Stop Loss.

Note: Stop limit Orders and Limit Orders only work with Stop Loss Point, Volatility, Price and Percentage.

  • Point: You can define the Stop Loss in points. ARYA will place the Stop Loss that number of points away from the entry price.
  • Volatility: You can define your Stop Loss based on the volatility of the market in the UT you define in the Stop Loss Time Frame (SLTF) field. ARYA will automatically calculate the market’s volatility. If you choose ‘Current’, the calculation will be made based on the volatility of the UT you are viewing.

Example: You can be viewing H1 and place a Stop Loss which is calculated according to the volatility in H4. Note: You must define the multiplier of the volatility in the Stop Loss Value field. In this same example, if you input 4, ARYA will multiply the market’s volatility in H4 by 4. If you do not wish to use a multiplier, input 1 into Stop Loss Value.

  • Day High Low: You can place the Stop Loss according to the highest/lowest point of the previous day. ARYA will continue to scan for the current day’s high/low points. If you are in a BUY trade, the Stop Loss will be placed on the lowest point of the previous day. If you are in a SELL trade, the Stop Loss will be placed on the highest point of the previous day. ARYA will always place the Stop Loss based on the high/low point of the previous day unless a large candle has breached either of these levels since market opening. The Stop Loss will be placed on that newest high/low point.
  • U Stop Loss: You can place your Stop Loss based on optimised U curve calculations. In a BUY trade, ARYA will identify U curves and place your Stop Loss at the bottom of the U. In a SELL trade, ARYA will identify inverted U curves and place your Stop Loss at the top of the U. You must choose the unit of time on which the SL will be applied in Entry Logic Time Frame. This type of Stop Loss is ideal for assets with a strong trend.
  • Price: You can place your Stop Loss at a specific price and ARYA will close the position when the market reaches it. Enter the price value in the Stop Loss Value
  • High Low Custom: You can place your Stop Loss according to the highest/lowest point of the current candlestick of the chosen UT. Choose the UT you wish ARYA to calculate the Stop Loss in the Stop Loss Time Frame

Note: This type of Stop Loss is not suitable for small UTs, your trade will be cut almost instantly.

  • Percentage: You can have ARYA place your Stop Loss based on a percentage of the current market price. Define the percentage in the Stop Loss Value This type of Stop Loss is good when trading stocks.

Example: If you set your Stop Loss value to 5, ARYA will place the Stop Loss 5% below the market price if a BUY trade, or 5% above the market price if a SELL trade.