@tanner314, I find it doing it often, or is it just me?
pakeha
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@tanner314, From what I can see the trailing stop is in points not pips... so for example 50 points is 5 pips. It is closing at the end of the day (same candle) because a 50 point/5 pip trailing stop gets hit when spreads widen at the end of the trading day.
Entity
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This looks very impressive and so far I cannot pick up any repainting. This is a simple yet very effective strategy, well done mate! It is a bit crazy to manual trade on a 5m time frame however it seems to be working well on a 4hr and daily time frame across multiple pairs.
Why do most of the exits seem to occur at the exact high/low of the candles? This doesn't seem right? Where can I adjust it so that it closes the trade at the close of the "exit" candle?
JayRogers
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I just recently wrote up a risk management example script which contains much better strategy.exit() execution code and properly sets up the inputs. If you swap out the strategy.exit blocks (everything below and including if(useStop) ) for the two in the example and also the relevant inputs you will be able to get much finer control over the way the risk management is - or is not - handled.
Thank you! I shall take a look at it. Thanks for your continued work and input
Nir1123
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@Entity, Hi mate, don't know if you still use this strategy but does it repaint?
Entity
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@Nir1123, Nah no repainting. You can also validate this by using the Bar Replay functionality which simulates the trades/signals as they would've happened at a particular point in time.
Nir1123
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@Entity, thanks for the response mate really appreciate it!
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