Trailing SL Strategy [QuantNomad]

I'm a big fan of simple strategies.
This one is a very simple one. So it consists only from one Trailing SL. When SL is hit, the position is reversed and SL is tracked for a new position.
You can choose one of 3 types of SL:
  • % of your price
  • ATR - it is calculated as current ATR * multiplier
  • Absolute
As you can see even this simple strategy can show pretty good results.
Open-source Skript

Ganz im Sinne von TradingView hat der Autor dieses Skripts es als Open-Source veröffentlicht, damit Trader es verstehen und überprüfen können. Ein Hoch auf den Autor! Sie können es kostenlos verwenden, aber die Wiederverwendung dieses Codes in einer Publikation unterliegt den Hausregeln. Sie können das Skript den Favoriten hinzufügen, um es auf dem Chart zu verwenden.

Möchten Sie dieses Skript auf einem Chart verwenden?
PineScript Programming: https://qntly.com/pinepro
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Sir that's not working no so singnal on chart
+8 Antworten
QuantNomad Choudhary122
@Choudhary122, What symbol/timeframe are you using? I bet default params are too big for your stuff. Try to switch to ATR, should work on anything.
+5 Antworten
The script works pretty good. Can also please add alerts?
+5 Antworten
QuantNomad SIO34trade
@SIO34trade, here are alerts for this strategy:
+4 Antworten
Hey looks pretty good! Thanks for share! Any recommend about TF, 1h and above?
+2 Antworten
QuantNomad WallStSpecter
@WallStSpecter, Yep, it seems to work pretty good at 1-4H. I think it might work pretty good and on other time-frames with different settings.
+2 Antworten
WallStSpecter QuantNomad
@QuantNomad, thanks for respond. Have a good day!
Thank you for your special help for my question on mail system... Also for sharing... Good job
+1 Antworten
Hi QuantNomad, I love this strategy of yours.

I am trying to adapt your code to run on my script which uses pyramiding only when my PNL is negative. The case is, after my first entry, I have 2 more pyramiding orders to average my position at strategic places

The question is, I want to start trailing only after my last pyramiding order get filled. May you suggest me how would I do this?

Thanks in advance
Great stuff.

Hiw do i get to your training course and can I get help with my first pine code which is only part working. Thanks for the cool code!
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