Why not provde an integrated solution to combine thebest of both worlds and offer, for example,a more dynamicauto trailing stopbased onanx-periodAverage True Rangevalue that is offset fromthe previous bar close. With each new bar and advance in price, this type of"chandelier stop"would ratchet tighter as thecurrent auto trailing stops does nowbut be based on a more dynamic stop value. This example isjust the tip of the iceberg regarding ideas that incorporate dynamic stop values.
Thoughts / Comments?
Regards,
Whitmark
Comment