Percent Trailing Stop % — Strategy by theCrypster
By theCrypster
Performance Metrics
- Author: theCrypster
- Symbol: KRAKEN:XBTUSD
- Timeframe: 1 day
- Net P&L: +22,504.70 USD (+22.42%)
- Win Rate: 40.8%
- Profit Factor: 3.009
- Max Drawdown: 1,965.30 USD (1.71%)
- Total Trades: 103
- Sharpe Ratio: 0.095
Description
===========Percent Trailing Stop %===========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.-----------Good Luck and Happy Trading!