Thursday 24 October 2019

Controlled Trailing Stop-Loss AFL Amibroker

Controlled Trailing Stop-Loss (TSL): It is necessary to ensure that TSL always goes up for Long positions and goes down for Short positions or remains constant to the previous value. "Percentage or Points" based TSLs does not account market Volatility, so it is not dynamic. "Standard Deviation" based TSL or "ATR" based TSLs are ideal. For demo using ATR based TSL here:


1 comment:

  1. Sir/Mdm; It is not clear how to use it. When to enter, exit and book profit. A video or description will be more helpful. Thanks.

    ReplyDelete

Thanks