theCrypster

Percent Trailing Stop %

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Percent Trailing Stop %
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Another Stop Loss Indicator today - our last Fixed SL/TP script went down quite well, this one is for adding a Percent Trailing Stop from Entry Price to your own strategy.

You can ignore the actual entry/exit orders - they're based on a simple MA cross and are therefore NOT relevant, NOT profitable and NOT recommended!

You should be using this code as a way of adding a % Trailing Stop to your own scripts - hope it helps!

You should also notice that a generally considered losing strategy (a simple MA cross) could actually become profitable with careful money management - try combining this Trailing Stop script with our Fixed Stop/Take Profit script for really accurate management of your capital.

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Good Luck and Happy Trading!
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https://www.theCrypster.com
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> Full Access on our website. 7-Day Free Trial. Crypto Tipster & Crypto Scalper Strategies. Stunning Past Performance
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Kommentare

Hey - We've just added our Percent Trailing Stop code for Study Scripts too! This is a game-changer!

+1 Antworten
Can't wait to try this
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Hi, firstly, my I commend you on your being present in the community and doing your part. Now the question...would it create any issues if I was to simply merge this with your "Fixed Percent Stop Loss" script. Great job on keeping it simple...yet effective. Peace brother.
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theCrypster ChasinAlts
@ChasinAlts, Thanks for the kind words! We've combined them successfully on various projects, it poses no real problems and makes for a very effective SL strategy. Especially when you want a tight initial stop followed by a wider trail SL. Wish you all the best buddy.
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