Bearish Trailing Stop

Bearish Trailing Stop

For those who might be interested here is the code of a bullish trailing stop that seems to work well, sticking to the price while letting it breathe

———————————

Share this

Risk disclosure:

No information on this site is investment advice or a solicitation to buy or sell any financial instrument. Past performance is not indicative of future results. Trading may expose you to risk of loss greater than your deposits and is only suitable for experienced investors who have sufficient financial means to bear such risk.

ProRealTime ITF files and other attachments : How to import ITF files into ProRealTime platform?

PRC is also on YouTube, subscribe to our channel for exclusive content and tutorials

  1. mfejza • 01/04/2023 #

    also, for long trailing stop

    d2=low
    d1=lowest[3](d2)+1/3*AverageTrueRange[20](close)
    d3=highest[10](d1)

    return d3

avatar
Register or

Likes

avatar avatar avatar avatar
Related users ' posts
Faisalx Hola Ivan. Thanks for your great job. I would appreciate if you have look at my request http...
roccafragius Thank you for all these useful information!! Very great job Ivan! THank you so much
geroniman Merci Ivan, super travail. On peut toujours compter sur toi pour apporter des innovations su...
Doddge Hola Iván, ¿sería posible crear un screener que indique cuándo las velas coloreadas del indi...
RTR Ivan thank you for the pro-screener. I a trying to understand how to write the signals from ...
Iván Hi, Lines 62 and 63. These lines define buy and sell conditions.
CederTrader Hi Denis, does this indicator add to the chart as panel, or on the candles. Thanks
Nicolas Add it on the price chart as described in this video: https://www.prorealcode.com/blog/video...
Denis Hello Nicolas and Ceder Trader, Sorry, I only just saw your replies. The indicator is alre...
Xenotrax A première vue, sa à l'air d'être un indicateur très puissant sur de petites temporalités, j...
merri Bonjour Nicolas, Comment transformer cet indicateur en bot sur PRT ?
Nicolas Cela a déjà été fait, voir ce sujet: https://www.prorealcode.com/topic/strategia-con-lindica...
zilliq Thanks @Nicolas. I tried to use it as Trend in a proorder system, but don't know why, it doe...
Suzu Yuk He is right. MT and mavgMT are not defined and causing errors.....
Pensera Bonjour Nicolas, comment est-il possible de backtester cet indicateur? cela fait une erreu...
Nicolas Oui bien sûr, il doit y avoir pas mal de sujets dans le forum à ce propos.
simmerseb Bonjour, merci beaucoup pour cet indicateur je le trouve très clair et pertinent.
Nicolas remplacer les valeurs de coloured(0,255,0) par coloured(r,g,b) et ajouter ces noms de variab...
mohamed merci Nicolas!
sacram14 Merci Nicolas pour ce set-up que je ne connaissais pas ! J'ai tenté de reprendre le code pou...
Nicolas Just add it on the price series.
yomisadiku Hello Nicolas, Can I use high and low price at lines hh=max(hh,close) and ll=min(ll,close) ...
Nicolas Yes you can do that, the impact will be that the trailing stop line will be much close to th...
nfulcher Please could someone explain how the following code is calculated:- iDI = TEMA[3](DI[DI2]...
oakenstream Jan, I find sometimes that the priceexit variable is never set. It seems to happen when the ...
Matt66612 I do not understand the first time I launch the backtest I got the same result as you. but ...
joobeng Sorry, I solved the problem. I have add the CBL indicator using the spanner icon on the pric...
Nicolas Adjust the price settings for the Y Axis to use the price only.
XXXXVII Hello Your indicator is interesting. However, I can't see the orange line. Do you have ...
bharatjai Script 'Adaptive ATR' has been saved line 24: no viable alternative at input 'lr' Gettin...
Nicolas download the itf file and import it into your platform.
Francis3332 Bonjour à tous, J'aime beaucoup cet indicateur et j'aimerais pouvoir l'utiliser sur la dern...
Nicolas Definition of CustomClose: https://www.prorealcode.com/documentation/customclose/ [2] means...
Bard Just wondered Nicolas, say you had set DEFPARAM CumulateOrders = True, is there anyway for t...
Bard Sorry pls ignore last image, try this - it actually has the Dev Stop indicator! https://www...
Caribeengeek Bonjour j’avais vu que vous proposiez d’écrire des codes pour ceux qui s’y connaisse pas Mai...
Caribeengeek Les devises unité
Nicolas Merci d'utiliser le forum pour les demandes de programmation personnalisée
jebus89 Big thanks for sharing this :) Seems to work as expected, good stuff.
xpe74 Top visually, and very efficient. I would like to integrate it as a value in a small algo i...
GraHal Please forgive the daft question, but why is 3-bars-trailing-stop-williams-3.itf included a...
Kris75 Hi, Seems great but what would be the code for a stock ? Thanks, Chirs
oakenstream Paul, what is the best way in your opinion to know if I have over optimized?
Mr_Balagan Bonjour, j'ai quelques questions concernant cette combinaison d'indicateurs qui à l'air inté...
larouedegann STE : Fonction statistique "erreur standard" de séries temporelles de N périodes pour le pri...
Mr_Balagan Merci pour ces informations précieuses larouedegann. J'y vois plus clair. Encore joli boulot
Kris75 Hi Gabri I launched a very simple strategy based on the 3 bars trailing stop that you cre...
TimDeCat Hi. Has anyone coded a version that you could alter it to say 5 bar trailing stop? ie make ...
Nicolas Please open a new topic in forums so we can code it there, thanks.
Nicolas Rien, il faut l'appliquer sur la charte. Soit le mettre sur le graphique du prix, à l'aide d...
signorini Merci pour votre réponse. Je l'applique sur la charte, j'utilise la petite clé pour effacer ...
signorini Je vous remercie, Nicolas. C'est fixé. Très bon week-end.
Guibourse Hi ! I am asking once again for your help : would it be possible to use the ATR as a "take p...
Tradingrob Many thanks for the indicator, however if the price is below the indicator, then the indicat...
aldtrading Merci pour ton travail ! J'ai de bons résultats en utilisant cet indicateur

Top