MTF trailing stoploss

murre87 · 2021-10-07T07:21:51+00:00

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?

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10/07/2021 at 8:21 AM #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?

10/07/2021 at 8:29 AM #179165 quote

robertogozzi
Moderator

Legend

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).

10/07/2021 at 8:42 AM #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?

10/07/2021 at 10:56 AM #179178 quote

robertogozzi
Moderator

Legend

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.

10/07/2021 at 1:56 PM #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

10/07/2021 at 2:04 PM #179190 quote

robertogozzi
Moderator

Legend

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.

10/07/2021 at 2:09 PM #179191 quote

murre87
Participant

Senior

What am i missing?
Se attached picture

TF.jpg

10/07/2021 at 3:39 PM #179195 quote

robertogozzi
Moderator

Legend

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.

10/07/2021 at 4:07 PM #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?

10/07/2021 at 4:30 PM #179198 quote

robertogozzi
Moderator

Legend

That’s right phoentzs.
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