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Anatomy of a Trailing Stop Loss

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  #1  
Old 15th July 2008, 03:20 PM
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Default Anatomy of a Trailing Stop Loss



Looking forward to your feedback
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  #2  
Old 15th July 2008, 04:13 PM
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Default Re: Anatomy of a Trailing Stop Loss

Nice mindmap Oxy!
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  #3  
Old 15th July 2008, 10:57 PM
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Default Re: Anatomy of a Trailing Stop Loss

Nice one OXY

It would be nice if you elaborate on the Adjustment factor. It would facilitate fruitful discussion.

To my novice mind the mind Map is as below.



regards
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  #4  
Old 16th July 2008, 12:31 AM
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Default Re: Anatomy of a Trailing Stop Loss

Karthik is more of Long only ,it should be 'Last High/ Low Pivot'
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  #5  
Old 16th July 2008, 12:58 AM
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Default Re: Anatomy of a Trailing Stop Loss

True asish, it should be high/low pivot..
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  #6  
Old 16th July 2008, 07:24 AM
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Default Re: Anatomy of a Trailing Stop Loss

Quote:
Originally Posted by karthikmarar View Post
Nice one OXY

It would be nice if you elaborate on the Adjustment factor. It would facilitate fruitful discussion.
Posting a rather raw procedure, Karthik

Code:
{Fixed Ratio Rise}
Percent = 90%

{Trend Strength}
SI = ADX(20) {Or any other indicator}
Stoch = (SI - LLV(SI,Pds)/(HHV(SI,Pds) - LLV(SI,Pds)) {Stochastic osc of strength indicator...will give a value between 0 and 1} 

Entry Price

Initial Stop = .9*Entry Price

Price above entry = 
If current close > entry price  
Then Current close - entry price 
Else 0

Holding Period = no of bars since entry

{Adjustment}
Adjustment based on fixed ratio = Price above entry*Percent
Adjustment based on trend strength = Price above entry*Stoch

Raw Stop = initial stop + adjustment factor

Stop = Highest value of raw stop since holding period

Stop
Examples for the same based on trend strength. (Strength indicator used is CFB)



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  #7  
Old 18th July 2008, 11:03 PM
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Default Re: Anatomy of a Trailing Stop Loss



Though this Thread is for Trailing Stop,just wanted to post Jesse's MAP.
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  #8  
Old 22nd July 2008, 03:12 PM
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Default Re: Anatomy of a Trailing Stop Loss

Quote:
Originally Posted by uasish View Post


Though this Thread is for Trailing Stop,just wanted to post Jesse's MAP.
Nice concept map, which software do you use sir CV?
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  #9  
Old 22nd July 2008, 04:34 PM
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Default Re: Anatomy of a Trailing Stop Loss

Quote:
Originally Posted by beginner_av View Post
Nice concept map, which software do you use sir CV?
MS Paint
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  #10  
Old 22nd July 2008, 04:38 PM
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Default Re: Anatomy of a Trailing Stop Loss

Reliance in 2006 before the split.

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