Conditional Trailing Stop Exit 2013-10-18

This money management script allows you to add a trailing stop to your trading strategy AFTER a condition is met. For example, the script will allow you to set a 2% trailing stop after RSI(2) > 70.

The script accepts two inputs from the user: the condition to evaluate, and the percentage trailing stop to implement once the condition is met.

Note:

For the script to work, you MUST enable trailing stops within the Simulator user interface or using the Simulator formula editor. Here is an example of how to enable trailing stops in the Simulator formula editor:

SetSimStop(_StopTrailing, _Percent,99, 10);

The SetSimStop statement above temporarily sets the trailing stop to 99%, and allows a re-entry after 10 bars. The money management script will handle changing the trailing stop to the percentage set using the money management variable inputs (e.g., 2%).

Technical Analysis

• Crossover/Convergence of Several Trading indicators
• Positive trend breakout list (SMA200-based)
• VIX FIX: Volatility Measure by Larry Richard Williams
• StocRSI
• Price at a specific Intraday Time
• Accumulation Distribution Indicator (AD)
• AGNC Trading System
• Year to Date Change Indicator
• Positive trend breakout list (SMA200-based)
• Percentage of Stocks Outperforming the S&P 500 Index
• More trading objects...

Fundamental Analysis

• Gross Domestic Product - Historical data
• Ratio of Stocks Outperforming/Underperforming Their Industry
• Stock Market Capitalization
• Income Statement & Growth
• Historical Index Composition
• VolDex Implied Volatility Index - Historical Data
• CNX 100 Weightage
• Historical Stock Market News
• News Sentiment Indicator
• iShares Exchange-Traded Funds - ETF Fees and Expenses
• More trading objects...