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Bearish Trailing Stop

Category: Indicators By: trading2 Created: January 4, 2023, 2:37 PM

January 4, 2023, 2:37 PM

Indicators

1 Comment

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

———————————


c2=high
c1=highest[3](c2)+1/3*AverageTrueRange[20](close)
c3=lowest[10](c1)

return C3

Download

Filename: Bearish-Trailing-Stop.itf

Downloads: 86

trading2 Junior

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mfejza

4 years ago

also, for long trailing stop d2=low d1=lowest[3](d2)+1/3*AverageTrueRange[20](close) d3=highest[10](d1) return d3

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