Where is the Tipping Point stop and target?
Quick answerThe stop is the entry candle's low, counted on a close under it, and at least half an ATR under the entry. The target is halfway between the envelope's middle and its top, reached on a close; it moves a little with the envelope each candle.
The details
- Out on a candle that closes at or over the target, or at or under the stop.
- A new Tipping Point entry on the chart replaces the trade, as the script does.
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