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Author Message  ramaswamyrmm Member Username: ramaswamyrmm Post Number: 1 Registered: 10-2008 Rating: N/A Votes: 0 Friday, October 10, 2008 - 08:17 pm:     Can we calculate a definite stop loss when following the directional movemeent, rather than waiting for the DM lines to crossover.  sittingduck Member Username: sittingduck Post Number: 55 Registered: 11-2004 Rating:  Votes: 1 Tuesday, October 14, 2008 - 07:14 pm:     I don't believe Directional Movement gives any stop loss signal. Directional Movement shows the strength of the move and the two DX lines relativity shows the direction. Stop Loss is all about position size and risk and is better set with logical support & resistance levels or count backs or ATR. Subscribe for only $12 (USD) per month  davkell Member Username: davkell Post Number: 569 Registered: 07-2004 Rating: N/A Votes: 0 Saturday, October 18, 2008 - 06:59 pm:     You can incorporate your DM system with the SAR (Stop & Reverse) System also from Wilder. It trails the stock and moves closer to the price as the trend extends over time. You can also utilise set-ups in the DMI to signal a pending change in direction (i.e you then tighten your stops or set them at previous days low, or just get out ASAP!) One such set-up is when the DMI is above the positive and negative lines and turns down (best at a high level). This can signal a pending reversal of direction. A couple of ideas for you. Cheers. "Trade Your Way To Financial Freedom" - Van K Tharp "Manage the downside; the upside will take care of itself" - Donald Trump

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