MTF trailing stoploss

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  • #179163 quote
    murre87
    Participant
    Senior

    Hi.

    Is it possible to use mtf trailing stoploss.

    Im a fan of ATR-trailing stoploss.

    For stategys of 1 h timeframe i want the trailing more active and responsive. Is it possible to use timeframe 5 min For trailing stoploss?

    #179165 quote
    robertogozzi
    Moderator
    Master

    Yes, I almost always use that TF for my trailing stop.

    You can use any TF you like (provided it is the default one and all the higher TFs are a multiple of 5, or it is a multiple of the default one).

    #179168 quote
    murre87
    Participant
    Senior

    Thanks Roberto.

    Whats ur favorite trailing for 1 h strategy and 15 min strategy and wich lower timeframe do u use for theese trailings?

    #179178 quote
    robertogozzi
    Moderator
    Master

    I always use a 5-minute TF (a few times I have used the 30-minute TF for strategies on a Daily TF).

    I always use a version in PIPS.

    #179189 quote
    murre87
    Participant
    Senior

    My default timeframe is 15 min.
    PRT says its not possible to mix that with timeframe 5 3 or 1 min?

    I was looking for a lower timeframe for trailing stoploss

    #179190 quote
    robertogozzi
    Moderator
    Master

    The higher TFs must be a multiple of the default one (which is the smallest one, the one displayed on your chart).

    Is 15 a multiple of 1, 3 or 5?  Yes, then you can use all of them as default TF for your trailing stop.

    #179191 quote
    murre87
    Participant
    Senior

    What am i missing?
    Se attached picture

    TF.jpg TF.jpg
    #179195 quote
    robertogozzi
    Moderator
    Master

    No, the SMALLEST TF must be the one on your chart!

    So on your chart you need to set the 3-minute TF, then you can use any higher TF in your code, provided it’s a MULTIPLE of 3.

    #179196 quote
    phoentzs
    Participant
    Master

    Write the strategy in

    timeframe (15minutes, updateonclose)

    and set over the trailing stop

    timeframe (default)

    … and then change to the time frame of your choice … M5 … M3 … M1 …

    right Robertogozzi?

    #179198 quote
    robertogozzi
    Moderator
    Master

    That’s right phoentzs.

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MTF trailing stoploss


ProOrder: Automated Strategies & Backtesting

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murre87 @murre87 Participant
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This topic contains 9 replies,
has 3 voices, and was last updated by robertogozzi
4 years, 4 months ago.

Topic Details
Forum: ProOrder: Automated Strategies & Backtesting
Language: English
Started: 10/07/2021
Status: Active
Attachments: 1 files
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