Trailing stop goes backwards

• 12/01/2020 at 11:42 AM #152303
  PabloRod

  Hello,

  I have this problem with my ‘algo’ and it is driving me crazy. I see in Demo and in real that very often the trailing stop goes backwards, and it is not supposed to do that. Once a new profit has been achieved it must stay at that position. My TS is defined as a moving trailing stop, just hidden behind the EMA(9) and moving along the price, in long and short trades.

  It moves back even after a candle has closed, discarded because the average price position in the current candle changes.

  To simplify the code:

  If TS
  ts1 = CLOSE – EMA9[0]
  SET STOP TRAILING ts1
  endif

  Is there any axplanation for this behavior?? I can change instead for a dynamic stop loss, but the trailing is the right tool for this purpose.

  Thanks in advance

  ———————

  my original code equivalent is this:

  if TS
  trailmargin = EMA9[0]*ts1MMA1/100
  ts1 = CLOSE – (MMA1[0]- trailmargin)
  SET STOP TRAILING TS1
  endif

  

  PabloRod

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  12/01/2020 at 12:35 PM #152311
  robertogozzi

  Always use the ‘Insert PRT Code’ button when putting code in your posts to make it easier for others to read. Thank you 🙂

  Change your line to:

  ts1 = max(ts1,CLOSE – (MMA1[0]- trailmargin))

  1	ts1 = max(ts1,CLOSE – (MMA1[0]- trailmargin))

  so that it can only raise, never fall!

   

  

  robertogozzi

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  12/02/2020 at 10:09 AM #152387
  PabloRod

  Hello,

  Yes, now it is working right. The only (minor) issue comes when it opens a new candle. For an instant the calculation does not have a reference and it can go up or down with no sense, it only takes 0’1 sec to get a new price and also sometimes it is slightly below the previous TS, I think we cannot avoid this situation, only happens with a new candle.

  As a sequence when it should always go upwards in Nasdaq, these are the numbers: 12.392 – 12.396 – 12.402 – (!) 12.399 – 12.403 – 12.407 – (!) 12.405 – 12.408 – …

  Thanks for your help

   

  

  PabloRod

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