Click here to Login








Entry Trailing Stop V2

by Christian, 2286 days ago
Share |






This script is simulating a trailing stop limit buy/sell order with exact levels.

With the first parameter you can adjust the distance of the limit entry in percent based on the last high (long order) or low (short order) and with an second parameter you can setup the valid time of the order in the market.

For example:

Your trading system gives you an long signal at 100 and the adjusted distance is setup to 1%.
The money management is simulating now a limit buy order with 101 (100*1.01) or the first day.
If the price is going higher than 101 the order will be executed otherwise the limit will be adjusted to a new limit, based on the last high.
Maybe the price is going down to 98 then the new limit is now 98,98 (98*1.01) and so on.
If the valid time is exceeded the order will cancelled.

On the old version, there was a small bug with the order type.


Share This ->
Share |


You have to log in to bookmark this object
What is this?




Type: Advanced Money Management

Object ID: 1777


Country:


Market:

Style:

Reviews
You must log in first

Join now
and get instant access for free to the trading software, the Sharing server and the Social network website.
Click here


Related objects

Empty

Number of reviews
Click to add a review
Average rate
Click to rate this item
Number of times this object was downloaded
Number of rates the current object received
Report an object
if you can't run it for example or if it contains errors
Click to report this object

Technical Analysis


Fundamental Analysis



Random Blog Posts

6 New Ways to Download Free Intraday Data for the U.S. Stock Market

Lock, Link and Undock your Charts

10 New Ways to Download Historical Stock Quotes for Free

Introduction to the Events Monitor Tool

How to Adjust the Time Displayed in your Intraday Charts

How to use QuantShare Indicators in the Grid Tool

Real-Time Quote Sheets with QuantShare

Correlation Between Multiple Trading Systems

Show All

Number of reviews
Click to add a review
Average rate
Click to rate this item
Number of times this object was downloaded
Number of rates the current object received
Report an object
if you can't run it for example or if it contains errors
Click to report this object






QuantShare
Product
QuantShare
Features
Create an account
Affiliate Program
Support
Contact Us
Trading Forum
How-to Lessons
Manual
Company
About Us
Privacy
Terms of Use

Copyright © 2024 QuantShare.com
Social Media
Follow us on Facebook
Twitter Follow us on Twitter
Google+
Follow us on Google+
RSS Trading Items



Trading financial instruments, including foreign exchange on margin, carries a high level of risk and is not suitable for all investors. The high degree of leverage can work against you as well as for you. Before deciding to invest in financial instruments or foreign exchange you should carefully consider your investment objectives, level of experience, and risk appetite. The possibility exists that you could sustain a loss of some or all of your initial investment and therefore you should not invest money that you cannot afford to lose. You should be aware of all the risks associated with trading and seek advice from an independent financial advisor if you have any doubts.