http://taylortree.com/2006/01/innovating-exits.html
One of the things that was missing from my self-designed trading system was a good trailing stop loss method.
I tried the ATR trailing stop, and got stopped out early all the time; so I read the link above, and programmed his method, and it works like a charm :cheesy:
So I just wanted to share with everybody, that this method is very useful.
I take mine with a ATR Multiplier of 3, Closing Price of 21 bars, ATR for 13 days.
One of the things that was missing from my self-designed trading system was a good trailing stop loss method.
I tried the ATR trailing stop, and got stopped out early all the time; so I read the link above, and programmed his method, and it works like a charm :cheesy:
So I just wanted to share with everybody, that this method is very useful.
I take mine with a ATR Multiplier of 3, Closing Price of 21 bars, ATR for 13 days.
