Trailing Buy

This script demonstrates how to do trailing buy. With this approach, given an entry signal, instead of buying directly, you just follow the price downwards (for long positions) and you buy when the price increases by a small percentage. The order will be executed when the next bar is closed. This approach may increase the profits (slightly) in some strategies! This script can be used as a template for your own strategy. Be aware that the simulated data may produce unrealistic results.

Versionsinformation:

• Fix some bugs in some edge cases
  
• Refactor the code to better reflect what it does
  

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• Fix minor typos
  

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• Use stop orders when trailing instead of market orders at the start of the next candle (suggestion by @freyadog)
  
• Use time_filter library
  

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• Minor code clean up
  
• Change color scheme
  

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• Update time_filters library
  

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• Replace deprecated "when=" with if statements in strategy calls
  

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• Change fastMA default color to yellow
  
• Change trailing entry price default color to blue
  

Versionsinformation:

• Increase max labels to 150
  
• Minor refactoring
  

Versionsinformation:

• Update time_filters library
  

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• Change the settings so the order type (market, stop-limit) is independent from the trailing
  
• Some minor label/color changes
  

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• Added option for limit orders
  

Versionsinformation:

• small refactoring
  

Versionsinformation:

• Update time_filters library version
  

Versionsinformation:

• Update time_filters library version
  

Versionsinformation:

• Use the 'chrono_utils' library for the date-time window filter