Target Trend Stoploss

✅ How To Trade — Step-By-Step
📌 1️⃣ First decide the market condition

Before taking any trade, check:

Market Type How to identify Your Action
🟢 Trending Price above EMA200 (uptrend) / below for downtrend Trade with trend direction only
🔵 Range EMAs flat & price swinging both sides Skip trading or switch to range strategy

If price is near EMA200 → Avoid (because reversal or whipsaw likely).

📌 2️⃣ Mark your Entry Setup

Wait for:
1️⃣ Trend Direction confirmed
2️⃣ A pullback into support/resistance
3️⃣ Signal from your indicator (arrow / breakout)

Example Long Setup:
✔ Price above EMA200
✔ Pullback to EMA80 or trendline
✔ Bullish candle closes strong
✔ Indicator gives UP signal

Example Short Setup:
✔ Price below EMA200
✔ Pullback up to resistance
✔ Bearish confirmation
✔ Indicator gives DOWN signal

👉 NO SIGNAL = NO TRADE
(Do not try to guess the market)

📌 3️⃣ Calculate Risk & Position Size

Always risk 1–2% maximum per trade.

SL goes:

Below swing low (in uptrend)

Above swing high (in downtrend)

🎯 Your script already gives:

Entry (close price)

SL line

TP1, TP2, TP3 targets

📌 4️⃣ Take Profit Strategy

Follow this rule:

Target Action
TP1 Book 50% profits, move SL to breakeven
TP2 Book 30–40%
TP3 Let runner trail with trend

This way:
Even if trend reverses after TP1 → no loss trade

📌 5️⃣ Exit When Opposite Signal Comes

❌ Incorrect: Holding hoping it will return
✔ Correct: Exit when:

SL hit ❌

Trend changes & opposite arrow appears 🔁

Price closes beyond EMA200

📈 Trade Checklist (Use Before Entering)

✔ What is trend? (Up/Down/Flat?)
✔ Is there a clear swing point?
✔ Did indicator give a valid signal?
✔ Is reward > risk? (Min 1:2 RR)
✔ Not near major news event?
✔ Position size correct?

If any ❌ → Skip the trade