Other exits - volume fade, candle exits and the hard stop

Volume fade exit

Vol fade exit gets you out when the momentum is over. With the take profit not yet reached, it exits when a completed one-minute candle's volume falls to Fade percent, or less, of the biggest minute since entry. Grace seconds gives a new trade time to work before it can act.

Candle exits

Red candle exit closes the whole long position on the first completed sixty-second candle that closes against it. On the short side, it is Green candle exit. Simple, and strict. It acts only on a completed candle, not one still forming.

The hard stop

A hard stop is a fixed stop price. Some entry rules set one themselves, such as over the high on a retest short, or Stop under dip. And the Hard stop tick puts one on every automatic entry, a percentage from the fill. It is a backstop, not your stop loss: it fires wherever the position is, even while trailing.

Which is nearer

If an entry rule already set a structural stop, whichever of the two is nearer wins. Manual entries are untouched by the Hard stop tick. The ladder draws any hard stop as its own line. The hard stop still applies while trailing runs, and even when SL is zero.

All software exits

Like every exit on the desk, these are software exits, running while the desk runs, and sent as limits through the market by your exit offset. Paper trade each exit first, and read the order log to see when it acts.

In practice

The volume fade exit suits momentum trades: when the buying dries up, it gets you out, even before your take profit or your trail is touched. The candle exit is stricter still: one candle against you, and you are out.