Trailing stop goes backwards

PabloRod · 2020-12-01T10:42:59+00:00

Hello, I have this problem with my ‘algo’ and it is driving me crazy. I see in Demo and in real that very often the trailing stop goes backwards, and it is not supposed to do that. Once a new profit has been achieved it must stay at that position. My TS is defined as a moving trailing stop, just hidden behind the EMA(9) and moving along the price, in long and short trades. It moves back even after a candle has closed, discarded because the average price position in the current candle changes. To simplify the code: If TS ts1 = CLOSE – EMA9[0] SET STOP TRAILING ts1 endif Is there any axplanation for this behavior?? I can change instead for a dynamic stop loss, but the trailing is the right tool for this purpose. Thanks in advance ——————— my original code equivalent is this: if TS trailmargin = EMA9[0]*ts1MMA1/100 ts1 = CLOSE – (MMA1[0]- trailmargin) SET STOP TRAILING TS1 endif

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12/01/2020 at 11:42 AM #152303 quote

PabloRod
Participant

New

Hello,

I have this problem with my ‘algo’ and it is driving me crazy. I see in Demo and in real that very often the trailing stop goes backwards, and it is not supposed to do that. Once a new profit has been achieved it must stay at that position. My TS is defined as a moving trailing stop, just hidden behind the EMA(9) and moving along the price, in long and short trades.

It moves back even after a candle has closed, discarded because the average price position in the current candle changes.

To simplify the code:

If TS
ts1 = CLOSE – EMA9[0]
SET STOP TRAILING ts1
endif

Is there any axplanation for this behavior?? I can change instead for a dynamic stop loss, but the trailing is the right tool for this purpose.

Thanks in advance

———————

my original code equivalent is this:

if TS
trailmargin = EMA9[0]*ts1MMA1/100
ts1 = CLOSE – (MMA1[0]- trailmargin)
SET STOP TRAILING TS1
endif

12/01/2020 at 12:35 PM #152311 quote
robertogozzi
Moderator

Legend
Always use the ‘Insert PRT Code’ button when putting code in your posts to make it easier for others to read. Thank you 🙂

Change your line to:
```
ts1 = max(ts1,CLOSE – (MMA1[0]- trailmargin))
```
so that it can only raise, never fall!
12/02/2020 at 10:09 AM #152387 quote

PabloRod
Participant

New

Hello,

Yes, now it is working right. The only (minor) issue comes when it opens a new candle. For an instant the calculation does not have a reference and it can go up or down with no sense, it only takes 0’1 sec to get a new price and also sometimes it is slightly below the previous TS, I think we cannot avoid this situation, only happens with a new candle.

As a sequence when it should always go upwards in Nasdaq, these are the numbers: 12.392 – 12.396 – 12.402 – (!) 12.399 – 12.403 – 12.407 – (!) 12.405 – 12.408 – …

Thanks for your help
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