Learn how to determine SL levels using BREAKOUT INDICATOR.
This indicator not only helps in finding BREAKOUT trades but also helps you determine SL levels, target levels and much more. Combining with 44EMA you can take your trading to the next level.
The best part is that it works on any script, be it cryptocurrencies, commodities or indices.
Never take a SL during the first 15 minutes of market opening, as chances of reversal are high and market is very volatile during that time.
Use alerts on Tradingview to know whenever SL hits.