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adolgov
6 Th11 2020 08:39

Stepped trailing strategy example 

Apple Inc.NASDAQ

Mô tả

This is a stepped trailing exit example for educational purpose.

Short brief.
There are 1 stop loss and 3 profit levels.
  • When first tp is reached we move stop loss to break-even.
  • When second tp is reached we move stop loss to first tp.
  • When third tp is reached we exit by profit.

Phát hành các Ghi chú

Stop Loss & Take Profit in %% for independence from instrument's tick size.

Phát hành các Ghi chú

New input `activateTrailingOnThirdStep` added.
With `activateTrailingOnThirdStep = true` when tp2 will be reached, the strategy places trailing stop with amount at tp3 level and offset at tp2 level.
By default the old behavior remains.
Bình luận
PineCoders
jasonckb
great work and have searched long time and no luck until see your work. keep it up! I have implemented your code in my own strategies. Tks
Daveatt
Hhhhhsssss
Che_Trader
So nice script!

Abusing your knowledge a bit, could you do something like this in a study version and with % instead of points?

It would be magnificent.
Daveatt
Feature request: Could you please add the option to close half of the position once TP1 is reached?
Thanks a lot
adolgov
@Daveatt, I will try.
jeongcm223
@adolgov, please me too
dirtyMOE
@adolgov, that would be really great! :)
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