I like Oz trader - Niall Fuller's approach - no clutter and lots of info on his web site, even if you don't subscribe. I check in on his site occasionally and it is always worth reading the articles. He generally advocates forecasting how far the price can move and looking for a risk / reward ratio of 1:3, so hi s SL settings are usually not too painful, although I cannot speak to how often they get hit.
I am still sticking to the ATR 7 set ups / swing high/low for SL and this means really nailing your trading plan for your entry criteria -...Ignored
Thats why all i got is the heiken ash candles and the TDI.Eventually im gonna remove those two indicators as well.Also once i get the day charts down pretty good im probably gonna move up to the weekly charts.The key right now for me is to ride my trades all the way out.Im playing to win not to not lose