Anti-trap Trailing Stop Loss by KalyanBeta

Anti-trap Trailing Stop Loss by KalyanBeta or ATSL

ATSL changes color when there it identifies price manipulation/ SL Hunting / Traps by Smart Money.

Change in color may be an exit signal for your trade in current direction.

This is a very simple indicator which can be used to predict Traps or Stop-loss hunting.

This can help in Trailing Stop-loss and in Exit decisions along with your own strategy.

ATSL may be used in all timeframes.

Please back-test it along with your strategy and then use it for Trailing the Stop-loss without getting trapped by operators and stop-loss hunters.

All the best.

Do post your feedback in comments below. Thank you.