Trailing Stop
Printed From: BullCharts Forum
Category: BullCharts
Forum Name: TradeSim discussion
Forum Discription: For discussions of BullCharts' integration with the TradeSim backtesting product.
URL: http://www.bullcharts.com.au/forum/forum_posts.asp?TID=200
Printed Date: 05 Apr 2025 at 1:55am
Software Version: Web Wiz Forums 9.69 - http://www.webwizforums.com
Topic: Trailing Stop
Posted By: etrader
Subject: Trailing Stop
Date Posted: 26 Apr 2005 at 4:27pm
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Hi just wondering if anyone can confirm the setup for a trailing stop-loss using TradeSim ? Alot of the reference in the Manual is regarding Metastock, but slowly getting there and does include reference to trailing stops.. I am not sure if It can be done on the stops tab [diagram below] ? or does it have to be scripted ??? Any help would be much appreciated. cheers etrader
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Replies:
Posted By: etrader
Date Posted: 28 Apr 2005 at 12:46pm
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an addition, here is the link to trailing stop info for tradesim. http://www.compuvision.com.au/Downloads/AN2%20-%20Trailing%20Stops.pdf - http://www.compuvision.com.au/Downloads/AN2%20-%20Trailing%2 0Stops.pdf will this be added ?? |
Posted By: pipsqueek
Date Posted: 30 Apr 2005 at 3:31pm
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------------- failing to plan is planning to fail. |
Posted By: pipsqueek
Date Posted: 02 May 2005 at 8:18pm
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Hi there etrader... Sorry about the empty reply. I've had trouble with my spyware (now disabled). I hope this post comes through. Anyway ... have you thought of using the volatility stop that is already in the Bullcharts Indicators under the name "Volatility Trailing Stop"? hhv(C-2*ATR(10),15); YOu could use this as a stop and/or an exit. You could also plot this on your charts to visually check how the stop works. You could also copy the indicator, rename it and then fiddle around with the 2, 5 and 10 to see if there is another combination that suits you better. You could also add a few input statements to your copied indicator to make the fiddling easier.
------------- failing to plan is planning to fail. |
Posted By: etrader
Date Posted: 03 May 2005 at 7:30pm
| thx pipsqueek, will give a try, never thought of doing that, not good with the programming side ! |
Posted By: Peter
Date Posted: 18 May 2005 at 3:55pm
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Hi, Etrader, the formula you're showing above has the script entered in as the Initial Stop. This may not be what you're after as TradeSim only calculates the InitialStop on the day of entry, whereas a trailing stop typically changes over the duration of the position. So, you need to add the trailing stop into your exit criteria on the exit tab. If you have other criteria as well you will need to turn off "match all" or use BullScript for your exit criteria. (You can also make criteria based on the markers for things like the JB Simple Stop Loss indicator, etc) |