Hello every one,
I don’t usually design trend following systems due the fact that I am having a hard time finding the right exits. Using i moving average usually ends up eating up a lot of your potential profit when the system catches a trend for example.
How do you exit your trend following trades? Have you got any tips or tricks?
Using the Parabolic SAR is typically a good exit indicator as it detects when a trend ends.
StefParticipant
Average
Hi @filiprb. You can also look at ATR (multiple of ATR) type, or chandelier stops.
SuperTrend (which is made of ATR) can also be helpful to moving stoploss while price go up or down.
Thank you for your response. Much appreciated. I will for sure test your suggestions!