Category: Exits

Prorealtime Automated Trading Strategies And Training

Stalker ATR Based Trailing Stop

The Stalker ATR Based Trailing Stop was developed as a step of developing the Bar Hunter RB Mod System The stop loss has an in built step up for long positions and down for short positions once passing a trigger level If the calculate stop loss is outside of a upper or lower ATR band…
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Stalker ATR Based Trailing Stop

This video discusses how the Stalker ATR Based Trailing Stop works along with discussing the Prorealtime graph function The Stalker ATR Based Trailing Stop was developed as a step of developing the Bar Hunter RB Mod System The stop loss has an in built step up for long positions and down for short positions once…
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% Based Trailing Stop V2

Overview The trailing stop combines a starting point and step value based on a percentage of the price with a new price being calculated at the close of each bar. It is a version of the swing trading trailing stop but has been changed so that the trailing stop will move up if the position…
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Close After X Candles

Overview This code was first used for swing trading systems to either close out break out trades in profit before they reversed or to close out unprofitable breakout failures ahead of taking the full loss of the stop loss The code allows for a number of bars of profitable and unprofitable trades before a close…
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% Based Trailing Stop

Overview The trailing stop combines a starting point and step value based on a percentage of the price with a new price being calculated at the close of each bar The example variables below are for a swing trading system but should be optimised on a system by system basis Variables ONCE stopLossLong = 5…
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Simple ATR Based Take Profit

//Variables NATR = A //ATR Period PATR = C// ATR Multiplier for Profit //Target SET TARGET PROFIT PATR*AverageTrueRange[NATR](close)

Simple ATR Based Stop Loss

//Variables NATR = A //ATR Period SATR = B // ATR Multiplier for Stop //Stop  SET STOP LOSS SATR*AverageTrueRange[NATR](close)