IZSS newbie question

#1

In IZSS darrell recommends we set our stop loss at the nearest swing high/low and then ‘trail the stop with the MVP’ when it fires off? What does it mean to trail with the MVP? Does it mean to set a trailing stop where the little MVP triangle points for a specific number of ticks? Do we update our stop location after every bar forms while the little triangle moves up/down? And this is the only way we should take profit correct? By letting our trailing stop be hit not taking profit at a specific price (ex: deviation level, green/redzone)?

This is a screenshot of what I’m asking:

http://postimg.org/image/lu7kp8kvj/

#2

I suggest you use this so you can post pics right in the forum its free: How To Capture Screen Images and Share Them In The Forum and Rooms (specific simple steps)

Yes you trail your stop 3 ticks below the predictor arrow until price is hit for a trend trade like the one your displaying.

Chop trades exit when the other zone is hit by price as your trading between zones (can trail with trend flip if you want to… often chop is easier to leave it at swing low then just set take profit)

Swing Breakouts take profit at 10 (underlying market) ticks with a stop at swing low (can trail with trend flip)

#3

Ah! Got it. Thank you Darrell appreciate your help.