Hi,

I have been spending some time exploring for an effecive (if there is not a "most effective" one) stop. 

Chandelier Exit appears to be good, but the true version needs a bundle of PREVs which slow down  its efficiency in using and it is time-consuming to test too. 

Richard Dale's Advanced Trailing Stop is very using and provides an efficient version.  But it has its limitation when ones (like me) want to add a protective stop or others.

Well, I am sure there are a lot of people who have spent time in exploring / researching stops / exits.  I appreciate if you can discuss here with your experience in various stops. 

I more time I spent on stops, the more I feel the importance of stops.

One thing may worth discussing is the possibility to add an effective "target stop".  It is similar to a stop that hit when prices drop from top, but hit when price goes up with adnormal high volitaility.....

Sa