You are here

The trend is your friend

Draw your trendline or -channel and instruct NanoTrader to use it as a stop loss. Many traders use trendlines and trendchannels. NanoTrader allows the trader to actively use his trendline or -channel as  the level for a stop order.

These are the advantages for traders:

  • You can use your trendline or -channel as a stop.
     
  • Your stop order will automatically follow the slope of the trendline or -channel.
     
  • You can use this function in any time frame and on any instrument.
     
  • Your position remains open as long as the trend remains intact.

Download a free real-time demo of the NanoTrader Full trading platform


1. EXAMPLES

The intelligent trendline or –channel stops allow the trader to surf the trend when managing  open positions.

This example shows a trader who bought a long position and who used the bottom of his trendchannel as his stop. The stop order automatically follows the trendchannel.

Trader using his trendchannel to place his stop loss order in NanoTrader.

Free platform demo

This example shows a trader who combined a profit target (green line) with a stop loss on his trendline. The profit target was reached and the position closed with a profit.

This trading strategy places the stop loss order on the trendline.

Free platform demo

Besides stop orders based on the trend, the NanoTrader offers many other types of intelligent stop orders.

2. TRADING VIDEO

This video shows a trendline stop order:

 

Professional trader Birger Schäfermeier likes the NanoTrader trading platform. He offers several of his strategies and tools in the platform.

Trading strategies from trader Birger Schaefermeier.

Discover NanoTrader...  download a free demo.

Free demo

Test NanoTrader Full  I  Test Tradingview  I  Test the mobile platforms  All for CFD-Forex & Futures

Buy US stocks

Pay 0,00 $ order commissions with Freestoxx

Trading videos

Charting, strategies, automated trading, backtesting, playback... watch these videos and become a platform master.

Managed account

+33,1% (2020) & +17,5% (2021). Explore Investui

Broker

WH SelfInvest serves traders from offices in GermanyFranceSwitzerlandBelgiumLuxemburg and the Netherlands.

The spectacular SignalRadar

SignalRadar shows live trades being executed by various trading strategies.

CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 66% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.


Futures are complex instruments subject to unpredictable changes in price. They are financial instruments which offer the investor the possibility to use leverage. The use of leverage implies the risk of losing more than the total value of the account.


Investments in digital assets are considered highly speculative investments and are subject to high volatility and therefore may not be suitable for all investors. Each investor should consider carefully, and possibly with external advice, whether digital assets are suitable for them. Make sure you understand any digital asset before you trade it.


Back tested and real past performance do not guarantee future performance. Every investor should make sure, if possible with the help of an advisor, if the Investui service is suitable for his personal situation. All investments carry significant risk. There is no guarantee of profit.


Copyright 2024. WH SelfInvest, 33 rue du Puits Romain, 2nd Floor, 8070 Luxembourg-Bertrange, Luxembourg

Back to Top