Dislikedthe best wiggle room to give is away from volatility, there are many ways to achieve this, one of them is standard deviations, S/R, S/D, or pertinent price levels.
historical statistical homoskedastic volatility also works,
try to learn the normal ranges of the pairs in question (homskedastic) and current distribution in normal price variations (heteroskedastic)
or anticipate price formations and see if the level of your stop would render it moot.Ignored
Thanks Redlion, I've been using double BB Bands to establish trend on occasion. I think those can help me avoid getting stopped out by noise if I tweak the SD. My main problem when going live was over-leveraging (duh) so I was hesitant to give my trades proper breathing room.
Is your signature/Footer an anagram?