I was thinking how useful something between a hard stop and a “mental” soft stop might be in these volatile markets.
Looking at a markets recent range might mean that you have to set your stop wider than you want - and so - with good risk management, taking a smaller position size.
No one likes to be stopped out because the price spiked through their SL before returning to the main range, at the same time a post-it about an exit level is a dangerous thing for those who suffer with the psychology and/or are not at the charts 24/7.
What about a stop that only triggers if the price is above/below for a whole period? Would be fairly easy to implement, does such a thing exist?