That depend the stock but if you trade with 1 minute frame, I would suggest you choose 5min as a timeframe ref.
1min = TF 5min
5min = TF 15min
15min = 1h
etc.
Where do I place the stop loss
LONG : Below the main blue channel
SHORT : Above the main blue channel
DO NOT TRADE
When Market is too volatile and uncertain
When price is inside or too close to one of the 2 rubans
When do I take my profit ?
Trend is over (New closed candle is NOT colored)
Price crossed the blue channel
or Pivot Point is reached and failed to cross
WARNING : The purpose of these signals is to HELP/SUPPORT you to take a decision. You need to analyse the general trend before placing an order. Do your own research