Chapter 8: Implementing an Exit Indicator

Exiting trades at the right time preserves profits and limits losses. Your exit indicator should detect when a trend loses momentum, signaling to close positions. Look for fast trend-following indicators that catch reversals early. Activate this indicator post-entry, not before, and backtest options in MT4 to find one that complements your system. Review provided examples to understand its critical role in the No Nonsense strategy.