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Date/Time: Fri, 03 May 2024 23:12:29 +0000



Post From: Custom trailing stop

[2014-06-05 12:08:43]
djcurcio - Posts: 236
Does anyone have the code for or would build a custom trailing stop?
Initially it would have a preset stop loss from the entry.
Then it would monitor the Keltner mid average line.
When the price rise above (or below for a short) the Keltner mid line the stop would move up to a preset that would be equal to the entry price plus a user input increment. For example entry plus 2 ticks.
Then the stop would trail up and adjust the stop until the stop would be changed to an increment above or below the Keltner mid - for example Kmid - 2 ticks.
Thoughts appreciated.