Stop-loss =when any candle exit from the below of the channel that will be the latest stop-loss and please make sure that you have to close the position.
The calculation for closing the trade=Out side candle value below from the channel+1(after came out wait for 1 more loss point).
My motive is to reduce the risk factor and get more profit.
I am a freelancer...
Within my specified channel Hindalco for Buy and target 160. If the 4 hours candle exits from my specified internal channel then suggest closing the position.