adolgov

Stepped trailing strategy example

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.
Release Notes: Stop Loss & Take Profit in %% for independence from instrument's tick size.
Release Notes: 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.
Ta bort från favoritskript Add to favorite indicators

Kommentarer

500coins
+3 Svara
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.
+11 Svara
This publication is now featured in our Editors' Picks: https://www.tradingview.com/scripts/editors-picks/ .
In the name of all TradingView traders, thank you for your valuable contribution to the TradingView community, and congrats!
+2 Svara
Really nice, clean and usefull script!!

Too bad the "strategy" commands don't work in studies, this would be so helpfull and avoid a lot of unneccesary coding and keeping track of variables.

Good job!

Gr, JD.
+2 Svara
adolgov Duyck
@Duyck, the `strategy` can all things that `study` can )
+1 Svara
Duyck adolgov
@adolgov, I know, but a study can't do all the things a strategy can.
it would be super usefull if the "wall" between strategies and studies would disappear.

right now studies can't keep track of trades and strategies can't launch alerts,...
+1 Svara
adolgov Duyck
@Duyck, strategies will can launch alerts soon ;-)
+2 Svara
Duyck adolgov
@adolgov, Great!! ;-)
+1 Svara
nilux Duyck
@Duyck, yeah I was thinking the same. It's a great strategy but it would be a dirty job to turn this into a study, maybe with 500 lines of code to keep track of all the entries, exits etc...
Svara
nice script:)
+1 Svara
Hem Aktie-screener Forex-screener Krypto-screener Ekonomisk kalender Hur det fungerar Diagramfunktioner Priser Tipsa en vän Ordningsregler Hjälpcenter Webbsidor och mäklarlösningar Widgets Diagramlösningar Lightweight Charting Library Blogg och nyheter Twitter
Profil Profilinställningar Konto och fakturering Hänvisade vänner Mynt Mina kölappar Hjälpcenter Publicerade idéer Följare Följer Privata meddelanden Chatt Logga ut