4 Types of Stop Losses

Box, Dot, Cross, Triangle

AlgoBox™ offers four types of stop losses: Boxes, Dots, Crosses, and Triangles. Use them strategically to manage your risk.

The AlgoBox™ strategies utilize four types of stop losses: Box, Dot, Cross and Triangle.

For bullish scenarios, stop losses are ideally placed behind (under) the Box, Dot, Cross or Triangle.

For bearish scenarios, stop losses are ideally placed behind (above) the Box, Dot, Cross or Triangle.

• Box: Refers to the PRZ boxes of Auto Harmonic Patterns.

• Dot: Refers to FibDots and FlowMaster™ Enigmas.

• Cross: Refers to FlowMaster™ Crosses and FlowMaster™ Alpha Omega Crosses.

• Triangle: Refers to the Divergence Triangles from the Ultimate OBOS indicator.

Deciding on the Box, Dot, Cross, or Triangle depends on which strategy you've chosen to use. The Ultimate OBOS Triangle is a powerful tool for larger charts like Tide and Wave. Use it carefully, as setting your stop loss here can increase risk.

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Video Tutorial: Types of Stops

WATCH: This short video explains the 4 types of stop losses within the AlgoBox™ system.

WATCH: Vinny E. Mini teaches the three stop types. The Triangle stop loss was established after this video was recorded.

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Only available on AlgoBox™ for NinjaTrader 8. Try AlgoBox™ for free today.

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