Improving Strategy’s Trailing Stop Loss

deletedaccount051022 · Mon, 15 Feb 2021 12:16:02 +0000

Hi, I’m hoping for input from people to see if the trailing stop loss section of this strategy which I have been working on can be improved before publishing it. This strategy is taken from the book Beyond Technical Analysis by Tushar Chande, the strategy is called Bottom Fishing. It was intended for use on a daily time-frame but I have adapted it to a 3 minute time-frame to generate more signals. It has just a few Entry criteria of which I optimised a couple on 50k bars before then testing on 200k bars. The Exit strategy is taken from the excellent Vectorial strategy, a very big thank you to the author and contributors of that. This strategy is good at taking small profits on a consistent basis, which accounts for 80% of the winning trades, and only a few losing trades overall. hence I believe the trailing stop loss might be too tight. I would welcome any ideas or feedback regarding the trailing stop loss methodology to see if the performance can be improved without impacting the equity curve too greatly. I have looked through the Snippet library and this is still work in progress, but hoping someone might have a better idea. Notes: Instrument Dax Account IG Spreadbetting, assumed spread 2.6 Capital/Risk 10,000 and 10 per point Money Mgt None utilised in this code. I manage this manually, increasing risk per trade at month end based on original capital plus performance to date and keeping the 1,000 of capital to 1 per point ratio. Thank you very much, S

This topic has 18 replies, 4 voices, and was last updated 3 years ago by deletedaccount051022.

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02/16/2021 at 1:58 PM #161660

deletedaccount051022

Thank you Paul, thank you nonetheless, this is looking much more promising given the back test over 1m bars.

deletedaccount051022
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04/06/2021 at 3:56 PM #166297

deletedaccount051022

Hi nonetheless

I was just going back over this post and wondered if you had continued to play around with this snippet of code to see if it could be improved further since the last post?

Thanks

deletedaccount051022
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04/06/2021 at 4:29 PM #166306

nonetheless

No, I didn’t take it any further. Have you tried it on other indices?

nonetheless
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04/06/2021 at 7:14 PM #166331

deletedaccount051022

Thanks. I have only just started which made me check in on this chat to see if anyone had continued testing. Will provide an update after initial testing.

deletedaccount051022
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