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Trailing Stop at Highs/Lows

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    Trailing Stop at Highs/Lows

    Is it possible to have trailing stop at highs/lows rather that percent or ticks in the strategy wizard

    #2
    Originally posted by fiddy View Post
    Is it possible to have trailing stop at highs/lows rather that percent or ticks in the strategy wizard
    Highs/Lows depend on definition and timeframe. Lacking universality, I doubt that what you want can be standardized. Of course, you can always roll your own code, depending on how you want to define highs/lows.

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      #3
      Trailing Stop at Highs/Lows

      what about if you wanted to just use the donchian channel highs and lows as trailing stops

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        #4
        Originally posted by fiddy View Post
        what about if you wanted to just use the donchian channel highs and lows as trailing stops
        You would still have to roll your own, using the Donchian Channel to feed your initial Stop calculation; arranging for your Stop value to go in only one direction, depending on whether long or short; and feeding the result to your Stop Order.

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