What criterias does one use to determine whether the price movement is one of a turning point to exit or retracement to enter a position? Is anyone using multi-TimeFrame moving averages overlay crosses to create such stops or entry levels? If so, how would you structure such a system? It had been said that trailing stops tend to "stop-out" a trend trader position such that the overall system would have performed better over a longer period if TS weren't there, esp in forex trading. Besides ATR which could be used as a volatility trailing stop but is also lagging, what other ways can be used in the design of adaptive trailing stops. What are soft stops method?