Stepped trailing strategy example by adolgov
By adolgov
Performance Metrics
- Author: adolgov
- Symbol: NSE:NIFTY1!
- Timeframe: 1 day
- Net P&L: +370,110.00 NONE (+370.11%)
- Win Rate: 35.9%
- Profit Factor: 1.959
- Max Drawdown: 134,302.50 NONE (80.39%)
- Total Trades: 39
- Sharpe Ratio: 0.112
Description
Nov 6, 2020This is a stepped trailing exit example for educational purpose.Short brief.There are 1 stop loss and 3 profit levels.When first tp is reached we move stop loss to break-even.When second tp is reached we move stop loss to first tp.When third tp is reached we exit by profit.Nov 11, 2020Release NotesStop Loss & Take Profit in %% for independence from instrument's tick size.Jan 12, 2021Release NotesNew input `activateTrailingOnThirdStep` added.With `activateTrailingOnThirdStep = true` when tp2 will be reached, the strategy places trailing stop with amount at tp3 level and offset at tp2 level.By default the old behavior remains.