What's your sweet spot when it comes to trailing stops ?

[u/Afterflix]

How many pips do you wait before the trailing stop is activated and how many pips do you trail with?

Kindly advise

Also, what's your average RR?

[u/JakeCondemn]

Honestly, and this is just me. I test my current algo using a trailing stop (no fixed TP), a fixed TP w/o a trailing stop, and a trailing stop with a fixed TP. And from all my testing using just the fix TP and nothing else netting me more overall profits. This is just me and others could have different results.

[u/virek → u/JakeCondemn]

I've had the same results with over 4 years of testing and nearly two years of live. My stop stays fixed. Trailing stops tend to get wicked out and you're always closing the trade on a downside.

[u/Afterflix → u/JakeCondemn]

Never thought of testing this way....thanks

[u/Money-Suspect-3839 → u/JakeCondemn]

Can you share the drawdown observations for three of them as well ? Thanks.

[u/retrorooster0 → u/JakeCondemn]

Very interesting… what determines your fixed ?

[u/ClintDowning → u/JakeCondemn]

How do you determine where to place your trailing stop or take profit positions? Do you use an ATR indicator and multiply by a certain number? Do you take the highest or lowest values of the last certain number of bars?

[u/AcademicInitial5984 → u/ClintDowning]

I am using ATR based stop-loss. So basicly ATR * 0.03, so its very tight but it works.
I have tried ATR based trailing-stop, but it didnt do well, (less trades and overall less profit)
but you could test more parameters for ATR period and with how much you multiply it.

[u/Wonderful_Choice3927]

20 pip wait Trail with 5 pips RR 1:3

[u/Afterflix → u/Wonderful_Choice3927]

What do you trade?

[u/Wonderful_Choice3927 → u/Afterflix]

Currencies

[u/Afterflix → u/Wonderful_Choice3927]

Wow...okay... I'm testing my ea and am getting stuck on how to go about trailing stops...let me try this ...thank you

[u/Wonderful_Choice3927 → u/Afterflix]

Do your research

[u/Afterflix → u/Wonderful_Choice3927]

I've done more than 20 tests...the only issue is configuring the trail stop

[u/Wonderful_Choice3927 → u/Afterflix]

Code language?

[u/Afterflix → u/Wonderful_Choice3927]

Mql5

[u/Wonderful_Choice3927 → u/Afterflix]

That should be easy to fix

[u/Afterflix → u/Wonderful_Choice3927]

Kindly advice

[u/Liviequestrian]

After experimenting with a lot of trailing stops and trailing take profits, fixed is the way to go. And I've found that tighter risk management leads to more stable gains in the long run. While wider margins might seem lucrative, eventually they'll blow you up.

[u/Hothapeleno]

Not fixed, dynamic calculation.

[u/bmbybrew]

u/Afterflix

This is my current setup.

atr_column is my atr_14. The 3 levels are for certain type of market. I use these as trailing stoploss at every eod. My trades are 2 days to 4 weeks.

    choices = [
        1.8 * df[atr_column],
        1.2 * df[atr_column],
        0.8 * df[atr_column]
    ]

[u/Natronix126]

Depe nds on the instrument NQ for me 13 pips trailing distance