How calculate trailing stops?

Discussion in 'Automated Trading' started by ADLE, Jul 21, 2005.

  1. ADLE


    Hello ALL,
    I was wondering if anybody knows the way to calculate trailing stops, one will exit out not in the middle of trend but at least on it's 80-85% trend run?
    I don't know maybe on base of longest candle or move to bigger time frame?
    Any ideas,
    How do you calculate your trailing stops?
    Thank you in advance.
  2. a multiple of average true range below yesterday's close that doesn't come into affect until the price has moved up X atr's
  3. ADLE


    I am not sure I understand what you're saying... :-(