I read the book/manual and tried this indicator with some live trades. (Original ICWR version ).
My question to those who use/trade with this indicator.
If after entering a trade do you keep the stop at the same level till it hit by the stop level (hard stop of 50). Or get out at reversal signal.
I entered for long at USD/JPY 116.50 and got out at +46 when I got a reversal signal. But If I had stayed with the same level of stop loss I would be in trade still

Now USD/JPY is above 118.00.
So it is better to get reversed or keep the stop at same level. I know the manual says we should not trail the stops. I reentered again at 117.25 and it reveresed and got out with 5 pips.
Anyone who use/trade this indicator? Can you explain what I am doing wrong or I am going by the rules.
Thanks in advance.
Kent.