Trailing Stop Loss

3 may 2021

This script demonstrate how to make a Training Stop Loss to "ride the wave". In comparison to classic Stop Loss this strategy follows the price upwards (for long positions) and when price drops by a fixed percentage then you exit your position.

3 may 2021

Notas de prensa

• Minor typos
  

4 may 2021

Notas de prensa

• Add the ability to disable trailing for demonstration reasons
  
• Close open orders on trend reversal
  
• Add sell labels on cross-under
  

4 may 2021

Notas de prensa

• Fix a bug that made Stop Loss to not trigger appropriately when it was reached at the very first candle end enable trailing was un-checked
  

4 may 2021

Notas de prensa

• Refactor stopValue calculation to be more readable
  

4 may 2021

Notas de prensa

• Fix longIsActive logic
  

24 may 2021

Notas de prensa

• Check if time is within backtest period in order to set the price to prevent unnecessary calculations and drawing outside the area of interest
  
• Replace deprecated trasp argument with color.new
  

17 jul 2021

Notas de prensa

• Set calc on every tick to false by default, as fgo943 suggested
  

21 jul 2021

Notas de prensa

• Minor Update the chart for a better overview and understanding of the trailing stop loss
  

7 ago 2021

Notas de prensa

• Fix a bug that were causing stop loss to be calculated wrong when there was new entry back to back with the end of the previous one
  
• Use strategy.percent_of_equity
  

7 ago 2021

Notas de prensa

• Draw lines with width 1
  

11 oct 2021

Notas de prensa

• Update to pinescript V5
  
• Stop Loss step is now 0.05
  

28 nov 2021

Notas de prensa

• Let's face it a Green-Red color model is more intuitive!
  

1 ene 2022

Notas de prensa

• Happy New Year!
  
• Many code refactorings and optimizations to better use this script as a template and plug your own strategy at ease
  

6 ene 2022

Notas de prensa

• Bug fix: (rare/minor) Remove 'strategy.position_size == 0' condition in stop loss calculation that made the very first stop loss price target to be calculated based on previous 'strategy.position_avg_price' instead of 'close' if the previous position closed exactly one bar before!
  

12 ene 2022

Notas de prensa

• (minor) refactoring
  

3 jul 2022

Notas de prensa

• Use time_filters library
  

3 jul 2022

Notas de prensa

• Minor revision update
  

9 jul 2022

Notas de prensa

• Replace deprecated "when=" with if statements in strategy calls
  

13 jul 2022

Notas de prensa

• Change fastMA default color to yellow
  

29 jul 2022

Notas de prensa

• Increase max labels to 300
  
• Minor refactoring
  

9 ago 2022

Notas de prensa

• Update time_filters library
  

2 sept 2022

Notas de prensa

• Some minor label/color changes
  

10 ene 2023

Notas de prensa

• small refactoring
  

17 ene 2023

Notas de prensa

• Update time_filters library version
  

19 mar 2023

Notas de prensa

• Update time_filters library version
  

1 dic 2023

Notas de prensa

• Use the 'chrono_utils' library for the date-time window filter
  

17 sept 2024

Notas de prensa

• Add different alert messages per event
  
• Update 'chrono_utils' library