Watch the above video for a tutorial on how to trade the Chande Kroll Stop.
The Chande Kroll Stop is used to set up stop loss trades and for buy and sell orders. The Chande Kroll Stop was made by the same person who made the Chande Momentum Oscillator. The Chande Kroll Stop is created by taking the true averages over a period of time to create stop losses at points of volatility where the trend would most likely switch direction. It also helps show trend confirmation.