MTF trailing stoploss
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- This topic has 9 replies, 3 voices, and was last updated 2 years ago by robertogozzi.
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10/07/2021 at 8:21 AM #17916310/07/2021 at 8:29 AM #179165
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 #17916810/07/2021 at 10:56 AM #179178I 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 #17918910/07/2021 at 2:04 PM #179190The 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 #17919110/07/2021 at 3:39 PM #179195No, 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 #17919610/07/2021 at 4:30 PM #179198That’s right phoentzs.
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