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1. Bullalgo Trading Systems Inc Trailing Matrix User Manual Version 1 0 Manual Revision 20150917 Trailing Matrix The Trailing Matrix is a Bullalgo Trading Systems Inc add on Trailing Stop strategy that is applicable to any existing system or strategy that uses EasyLanguage in TradeStation including our Orion products This Matrix allows the user to have a plethora of Trailing Stop options at his her fingertips It is the perfect tool for protecting gained assets during the life of a trade Use of the Trailing Matrix will take anyone s automated strategy building to new heights by allowing them to protect gains through the execution of Trailing Stop exits according to their unique trading style Trailing Matrix Profile Can be used in conjunction with any system Multiple creative trailing stops Use each individually Use each in conjunction Trailing Matrix Dynamic Highest High Lowest Low HHLL Trailing Stop Dynamic Highest Low Lowest High HLLH Trailing Stop NumBar Trailing Stop Dollars Trailing Stop Percent of Profit Trailing Stop Percent of Entry Price Trailing Stop Ticks Trailing Stop Product Support helpful tips and other Trailing Stop users can be found in Bullalgo s trading forums The War Room located at www bullalgotradingsystems com Ryan Fuda President Developer Bullalgo Trading Systems Inc www bullalgotradingsystems com phpBB The War Room communities Bullalgo Tra2. Entire position False Per contract or share Ix_Dollars_TS_Off_On Long exit O 0ff 1 On Ix_Dollars_TS_Floor Long Exit Same rules as the DynamicHHLL using Highest High The Floor and Amount to trail by are expressed in Dollars Dollar value input must exceed the Floor to make this Trailing Stop active Ix_Dollars_TS_Amount Long Exit Dollar amount to set Trailing Stop 4 exit The Short Exit inputs function the same in the opposite direction 10 Trailing Stop 5 Percent of Profit This Trailing Stop is similar to the Dynamic Highest High Lowest Low HHLL Trailing Stop The Amount to trail by is expressed as a percentage of the Maximum Open Position Profit HH Entry Price Instead of tracking price HH this Trailing Stop tracks price internally For the Floor we arbitrarily chose a number of Ticks You cannot use Profit itself for the Floor because the profit on the bar of Entry is usually very small and the percent would be even smaller causing an immediate fill with minuscule profit retained It would become in effect a Break Even Stop on the Bar of Entry unlikely to prove profitable over time Ix_Percent_TS_Off_On Long exit O Off 1 On Ix_Percent_TS_Floor_Tiks Long Exit Enter the number of ticks away from entry to set Floor which initiates TSH5 Ix_Percent_TS_Amount_Pcnt Long Exit Enter the percent of profit from the Highest High to trail by Example 50 50 of profit retained by the trai
3. OR STOP LIMIT ORDER WILL NOT NECESSARILY LIMIT YOUR LOSSES TO THE INTENDED AMOUNTS SINCE MARKET CONDITIONS MAY MAKE IT IMPOSSIBLE TO EXECUTE SUCH ORDERS THE HIGH DEGREE OF LEVERAGE THAT IS OFTEN OBTAINABLE IN FUTURES AND OPTIONS MARKETS CAN WORK AGAINST YOU AS WELL AS FOR YOU THE USE OF LEVERAGE CAN LEAD TO LARGE LOSSES AS WELL AS GAINS THIS BRIEF STATEMENT CANNOT DISCLOSE ALL THE RISK AND OTHER SIGNIFICANT ASPECTS OF THE FINANCIAL MARKETS 19 LEGAL DISCLAIMER Bullalgo Trading Systems Inc software and documentation are provided without warranty of any kind Bullalgo Trading Systems Inc does not warranty guarantee or make any representations regarding the use or the results of the use of the strategy or written documentation in terms of correctness accuracy reliability currentness or otherwise The entire risk as to the results and performance of the strategy is assumed by the Licensee user In no event shall Bullalgo Trading Systems Inc be liable in any respect for any claims loss indirect special or consequential damages or lost profits resulting from use of or reliance on Bullalgo Trading Systems Inc software or documentation Bullalgo Trading Systems Inc software amp documentation is presented solely for training or informational purposes No offer or solicitation to buy or sell securities or securities derivative products of any kind or any type of investment or trading advice or strategy is made given or in
4. any manner endorsed by Bullalgo Trading Systems Inc or its affiliates Bullalgo Trading Systems Inc software has not been developed based on knowledge of or with reference to your particular circumstances such as financial position goals risk reward preferences tax situation brokerage arrangement investment or trading experience and so forth Hence no content or model published by Bullalgo Trading Systems Inc constitutes a recommendation that any particular security portfolio of securities transaction or investment strategy is suitable for any specific person You are fully responsible for any investment or trading decisions you make and such decisions should be based solely on your evaluation of your financial circumstances investment or trading objectives risk tolerance and liquidity needs For advice that is specifically addressed to your needs you should personally consult an appropriate professional e g registered investment advisor attorney financial planner tax professional etc regarding your specific situation Trade executions and system response and performance may be adversely affected including delays and failures as a result of market volatility high share volume other market fluctuations illiquidity other market conditions and risks quote delays system and software errors Internet system problems relating to Internet traffic volume and capacity or other causes and other factors One or more of these fa
5. OR THE IMPACT OF FINANCIAL RISK IN ACTUAL TRADING CONDITIONS IN ADDITION THE ABILITY TO WITH STAND LOSSES OR TO ADHERE TOA PARTICULAR TRADING PROGRAM IN SPITE OF TRADING LOSSES ARE MATERIAL POINTS WHICH CAN ALSO ADVERSELY AFFECT ACTUAL TRADING RESULTS THERE ARE MANY OTHER FACTORS RELATED TO THE FINANCIAL MARKETS IN GENERAL OR TO THE IMPLEMENTATION OF ANY SPECIFIC TRADING PROGRAM WHICH CANNOT BE FULLY ACCOUNTED FOR IN THE PREPARATION OF HYPOTHETICAL PERFORMANCE RESULTS ALL OF WHICH CAN ADVERSELY AFFECT ACTUAL TRADING RESULTS THE RISK OF LOSS IN TRADING FUTURES OPTIONS COMMODITIES AND STOCKS CAN BE SUBSTANTIAL YOU SHOULD THEREFORE CAREFULLY CONSIDER WHETHER SUCH TRADING IS SUITABLE FOR YOU IN LIGHT OF YOUR FINANCIAL CONDITION IN CONSIDERING WHETHER TO TRADE OR TO AUTHORIZE SOMEONE ELSE TO TRADE FOR YOU YOU SHOULD BE AWARE OF THE FOLLOWING IF YOU PURCHASE OR SELL A FUTURE OPTION YOU MAY SUSTAIN A TOTAL LOSS OF THE INITIAL MARGIN FUNDS AND ANY ADDITIONAL FUNDS THAT YOU DEPOSIT WITH YOUR BROKER TO ESTABLISH OR MAINTAIN YOUR POSITION IF THE MARKET MOVES AGAINST YOUR POSITION YOU MAYBE CALLED UPON YOUR BROKER TO DEPOSIT A SUBSTANTIAL AMOUNT OF ADDITIONAL MARGIN FUNDS ON SHORT NOTICE IF YOU DO NOT PROVIDE THE REQUIRED FUNDS WITHIN THE PRESCRIBED TIME YOUR POSITION MAY BE LIQUIDATED AT A LOSS AND YOU WILL BE LIABLE FOR ANY RESULTING DEFICIT IN YOU ACCOUNT THE PLACEMENT OF CONTINGENT ORDERS BY YOU OR YOUR TRADING ADVISOR SUCH AS A STOP LOSS
6. algo Trading Systems Inc in conjunction with Vista Research Note TMatrix GaugeBrake Off On 0 Method Length 10 MethodGauge Pent 100 0000 MethodBrake Pent 50 0000 LX HiHi 210 15 LX HiLo 210 09 SX LoLo 207 78 SX LoHi 208 01 TS 1 Used Calc Floor Exit DynamicHHLL Highest High Lowest Low Multiple of Volatility 17 Py DYNAMIC FUTURES PROFESSIONAL Making Trading Dreams a Reality Past trading results are not indicative of future results Past price patterns may not repeat in precisely the same way and subsequently trading systems may not achieve profits losses similar to past actual or hypothetical results There are just too many variables in the markets to accurately forecast future results for any system or trader CFTC DISCLAIMER HYPOTHETICAL PERFORMANCE RESULTS HAVE MANY INHERENT LIMITATIONS SOME OF WHICH ARE DESCRIBED BELOW NO REPRESENTATION IS BEING MADE THAT ANY ACCOUNT WILL OR IS LIKELY TO ACHIEVE PROFITS OR LOSSES SIMILAR TO THOSE SHOWN IN FACT THERE ARE FREQUENTLY SHARP DIFFERENCES BETWEEN HYPOTHETICAL PERFORMANCE RESULTS AND THE ACTUAL RESULTS SUBSEQUENTLY ACHIEVED BY ANY PARTICULAR TRADING PROGRAM ONE OF THE LIMITATIONS OF HYPOTHETICAL PERFORMANCE RESULTS IS THAT THEY ARE GENERALLY PREPARED WITH THE BENEFIT OF HINDSIGHT IN ADDITION HYPOTHETICAL TRADING DOES NOT INVOLVE FINANCIAL RISK AND NO HYPOTHETICAL TRADING RECORD CAN COMPLETELY ACCOUNT F
7. ctors may occur before or after you place a trade resulting in delayed or failed order placement order cancellation trade execution and or acknowledgement of any of those actions Solely you assume those risks BULLALGO TRADING SYSTEMS INC SHALL NOT BE LIABLE TO THE USER OR TO ANY OTHER ENTITY OR INDIVIDUAL FOR ANY LOSS OF PROFITS REVENUES TRADES DATA OR FOR ANY INDIRECT SPECIAL PUNITIVE CONSEQUENTIAL OR INCIDENTAL LOSS OR DAMAGE OF ANY NATURE ARISING FROM ANY CAUSE WHATSOEVER UNLESS DUE TO WILLFUL TORTIOUS MISCONDUCT OR GROSS NEGLIGENCE BULLALGO TRADING SYSTEMS INC AND AFFILIATES SHALL HAVE NO LIABILITY IN TORT CONTRACT OR OTHERWISE TO THE USER AND OR ANY THIRD PARTY 20
8. d with the Trailing Matrix l Betelgeuse 2000 Redefining automated trading systems for everyone Not just for the select few any longer Note For brevity and clarity during this manual we will only consider the Long Trailing Stop Exit Sell orders for each Trailing Stop type Short Trailing Stop Exit Buy to Cover orders are the reverse of what is outlined here in the Trailing Stop descriptions Long Short exits are designed to be created independent of each other Inputs Thorough Definitions Tmatrix_Master_Off_On Trailing Matrix Master Off On Switch O Off 1 On If this input is lt or O then this input completely disables the entire Trailing Matrix This action is similar to clicking its Status to OFF The Trailing Matrix is enabled if the input value is gt or 1 Note this is true for all switches in the Trailing Matrix TMatrix_Method_Length The Length often referred to as Period in bars used by Method calculations TMatrix_GaugeBrake_Off_On If this input O then the GaugeBrake calculation is Disabled If gt or 1 then the GaugeBrake is enabled and will reduce soaring volatility controlled by the next two inputs MethodGauge and MethodBrake Be sure to use the Bullalgo Trading Systems Volatility Gauge indicator to monitor the TMatrix_GaugeBrake TMatrix_MethodGauge_Pcnt The Gauge is a base level that is determined using some longer term averages and the Gauge Input allows you to
9. ding Systems Inc 44 Members v General Forum Orion Equities Orion Futures Orion Swing Equities Orion Swing Futures www bullalgotradingsystems com E E His P 07 30 2015 12 55 FB 5 min NASDAQ Facebook Inc Price 92 98 HiHi 94 66 HiLo 94 48 LoLo 1 Floor 94 85 Ix TS 1 1 Floor 2 Floor 94 78 Ix TS 2 2 Floor 3 Floor 94 37 Ix TS 3 3 Floor Ix TS 4 94 61 4 Floor 5 Floor 94 67 Ix TS 5 5 Floor 6 Floor 94 74 Ix TS 6 6 Floor Ix TS 7 94 56 7 Floor A Trailing Stop is used in automated trading strategies to protect and retain profits It is specifically designed to allow profits to run while only giving back a predefined portion of that gain before exiting a trade The term Floor describes a threshold which can be price profit or several other measures of a profitable trade that must be breached before a Trailing Stop becomes active There is then a specified Amount which is permitted to be given back during which allows for retracements stutter steps during profit taking where the trader is looking ultimately for new price highs to be achieved during the life of his her trade All forms of Bullalgo s Trailing Stops are based on 2 basic principles First they track price action as it moves higher into a profitable trade territory Second this Matrix uses that price movement as the yardstick to create and move it s Trailing Stop Exits accordingly Getting Acquainte
10. ling stop The Short Exit inputs function the same in the opposite direction 11 Trailing Stop 6 Percent of Entry Price This Trailing Stop uses the Entry Price as the Percent of EntryPrice to create the Floor which remains static throughout the life of a trade EntryPrice is a non zero value and is used as the basis for the Floor Trailing Stop 6 uses a percent of the Highest High for the amount to trail by The distance from the EntryPrice to the Highest High keeps expanding so the exit price trails to higher levels with each new price high Ix_EntryPricePcnt_TS_Off_On Long exit O Off 1 On Ix_EntryPricePcnt_TS_Floor_Pcnt Long Exit Enter the percentage from the entry price the floor will be set Example 2 2 Ix_EntryPricePcnt_TS_Exit_Pcnt Long Exit Enter the percentage from the Highest High where TS 6 will begin to trail Example 1 1 from the Highest High The Short Exit inputs function the same in the opposite direction 12 Trailing Stop 7 Ticks Ix FinalE 241 00 le Recalibration 2000 le Recalibration 2000 le Recalibration 2000 le Recalibration 2000 The Ticks Trailing Stop applies the same rules as Trailing Stop 1 DynamicHHLL However the Floor and Amount to trail by are expressed in Ticks converted to Points This yields a Static Trailing Stop the same as Trailing Stops 4 5 and 6 Ix_Ticks_TS_Off_On Long exit O Off 1 On Ix_Ticks TS _Floor_Tiks Long Exi
11. lt Example Entering 5 in ExitMult using ATR as the Method Price must move 1 2 ATRs back from the Highest High to exit the position The Short Exit inputs function the same in the opposite direction phpBB The War Room creating Y communities Bullalgo Trading Systems Inc Forums 4 Members v Q Search Login amp Register Board index General Forum General Forum Orion Equities Basic intermediate Professional Orion Futures Basic intermediate Professional Orion Swing Equities Basic intermediate Professional Orion Swing Futures Trailing Stop 2 Dynamic Highest Low Lowest High HLLH The Dynamic Highest Low Lowest High HLLH Trailing Stop is very similar to the Dynamic Highest High Lowest Low HHLL Trailing Stop However it tracks the Highest Low instead of the Highest High for a long position and Lowest High instead of the Lowest Low for a short position Ix_ DynamicHLLH _TS_Off_On Long exit 0 Off 1 On Ix_ DynamicHLLH _TS_Method Long exit This input selects the Method used to calculate Volatility for the DynamicHLLH Long Exit An input value of 1 uses a Standard Error calculation 2 uses the Standard Deviation of the Close 3 uses the raw Average True Range ATR 4 uses ATR Gap any gap on the session break removed and 5 uses the ATR Gapless all gaps are removed from the calculation Ix_ DynamicHLLH _TS_FloorMult Long Exit This input
12. may set Analysis Commentary to True or On Then click the Analysis Commentary icon on the toolbar in TradeStation pictured above Next click any bar in a chart and the Analysis Commentary window will display important information including what Entries or Exits are coming soon Stop Losses approaching Custom Indicator Parameters and so much more 8 Analysis Commentary for Chart Analysis x BULLALGO TRADING SYSTEMS INC Strategy Bullalgo Pyramid Matrix 08 19 2015 10 55am Welcome to Bullalgo s Bullalgo Pyramid Matrix trading development tool The Bullalgo Pyramid Matrix by Bullalgo Trading Systems Inc in conjunction with Vista Research Notes SE Pyra 2 filled 208 01 set SL 2 208 07 Sell Short se_Pyra 1 500 contracts next bar at 208 18 limit BuyToCover se_PyraSL 2 all contracts next bar at 208 07 stop Strategy Bullalgo PTSL Matrix 08 19 2015 10 55am Notes BuyToCover sx Tick PT 1 5 Shares Total next bar at 208 34 Limit BuyToCover sx Tick PT 2 10 Shares Total next bar at 208 14 Limit BuyToCover sx Tick PT 3 20 Shares Total next bar at 207 94 Limit BuyToCover sx Tick PT 4 30 Shares Total next bar at 207 74 Limit BuyToCover sx Tick PT 5 100 Shares Total next bar at 207 54 Limit Strategy Bullalgo Trailing Matrix 08 19 2015 10 55am Welcome to Bullalgo s Bullalgo Trailing Matrix trading development tool The Bullalgo Trailing Matrix by Bull
13. o new heights as price action becomes more profitable The Dynamic Highest High Lowest Low HHLL Trailing Stop tracks the HH of a trade starting with the bar of entry and takes on and holds new HH Levels as they occur When this HH exceeds the Floor value then this Trailing Stop becomes active The Amount is subtracted from the HH on a bar by bar basis ensuring that this Trailing Stop Exit continues to move higher as price action continues to reach HH s Ix_ DynamicHHLL_TS_Off On Long exit O Off 1 On Ix_ DynamicHHLL _TS_ Method Long exit This input selects the Method used to calculate Volatility for the DynamicHHLL Long Exit An input value of 1 uses a Standard Error calculation 2 uses the Standard Deviation of the Close 3 uses the raw Average True Range ATR 4 uses ATR Gap any gap on the session break removed and 5 uses the ATR Gapless all gaps are removed from the calculation Ix_ DynamicHHLL _TS_FloorMult This input uses the lx_ DynamicHHLL _TS_Method chosen from above to calculate a Floor setting The entered value chosen here is multiplied by the Method to create the threshold that price action must break through to activate TS 1 A FloorMult value of 1 would be 100 DynamicHHLL Method x 1 Ix_ DynamicHHLL _TS_ExitMult Long Exit The Multiple of the Method chosen that price action must come back to the entry price once the floor has been breached for a Long Exit TS 1 Ix_ DynamicHHLL _TS_ExitMu
14. s is Bullalgo s solution to manage excessive volatility by gauging it and then putting the brake to it 14 Trailing Matrix Study Indicator Setup Color Scaling Advanced Product_Name TMatrix_Of_On_ Notes TMatrix_Master_Of_On TMatrix_Method_Notes TMatrix_Method_Length_Motes TMatric_Method_Length TMatre_Gaugebrake_Notes TMatrix_GaugeBrake_Of_On TMatrix_MethodGauge_ Notes TMatrx_MethodGauge_Pent TMatrix_MethodBrake_Notes TMatrx_MethodBrake_Pont DynamicHHLL_TS_Notes DynamicHHLL_TS_Of_On_Notes CimiamicHHLL_TS_Of_ On CynamicHHLL_TS_ Method CymamicHHLL_TS_HoorMult c_DynamicHHLL_TS_Esit Muht xx_DynamicHHLL_TS5_0f_On DynamicHHLL_TS_Method c_DyamicHHLL_TS_HoorMult x hmamicHHl TS Pot Milt Dictionary Value Bullalgo Trailing Matrix Master Switch 0 0ff 1 0n 00 1 StdEm 2 StdDev 3 ATR Method Length Period 10 1 0ff 1 On 00 Gauging of Selected Method 100 Braking exaggerated Volatility 1 be tracks Highest High sx 1 0ff 1 On 00 Preview To use the Trailing Matrix Study Insert the Bullalgo Trailing Matrix Study Indicator into your chart Next double click one of the indicator s points in the chart or you can click Format gt Analysis Techniques gt select Bullalgo Trailing Matrix gt Format Then enter the same optimized values from your Format Strategies input
15. s pop up window for the Trailing Matrix 15 Color Reserved Word Legacy Color Value Below are the Color Reserved Words and Legacy Color Values for the Trailing Matrix study _ Color Inputs The Legacy number values can be used in place of the Color Reserved Words Red 6 15 8 16 Yellow 7 Dark Gray Light Gray Color Scaling Advanced Name Ec DynamicHHLl TS _AoorMutt tx_DynamicHHLL_T5_ Est Muk sx DynamicHHLL_TS_Of_On ex CynamicHHLL_TS_Method sx_DymnamicHHLL_TS5_HoorMultt sx_DymamicHHLL_TS_Exit Muh Dynamic HHLL_TS_Color DynamicHLLH_TS_Notes He x tracks Highest Low sxt DynamicHLLH_TS_ Of On_WNotes D0 0 1 0On be_DynamicHLLH_TS_Of_On 00 be_DynamicHLLH_TS_Method 04 be_ DymamicHLLH_TS_AloorMult be_DynamicHLLH_TS_EatMutt sx DynamicHLLH_TS_Of On 00 sx_ ymamicHLLH_TS_Method 4 sx_DymamicHLLH_TS_HoorMult 1 75 sx_DynamicHLLH_TS_EsxitMult 0 5 DynamicHLLH_TS_Color EN NumBar_TS Notes H3 Tracks of how many ba NumBar_TS_Of_On_WNotes 0 Off 1 0n be NumBar TS Of On DO be NumBar TS nBars 03 Dictionary Preview 16 Bullalgo Analysis Commentary All Bullalgo products come equipped with programmed Analysis Commentary for visual play by play action of the product being used At the bottom of any Bullalgo Trading Systems Inc product input list the user
16. shift this base level up ex 110 or down ex 90 by a percentage the value varies around 100 The Method Gauge shapes the Method Brake TMatrix_MethodBrake_Pcnt The Brake is the percent by which to allow the Volatility to exceed the Gauge level A value of 50 50 lets half off the Volatility beyond the Gauge level being used Chart order name labels lx Long Exit sx Short Exit Order Name Definition Ix TS 1 Long Trailing Stop 1 Exit Ix TS 3 Long Trailing Stop 3 Exit Sx S 3 Short Trailing Stop 3 Exit Ix TS 4 Long Trailing Stop 4 Exit Sx TS 4 Short Trailing Stop 4 Exit Ix TS 5 Long Trailing Stop 5 Exit Sx TS 5 Short Trailing Stop 5 Exit Ix TS 6 Long Trailing Stop 6 Exit Sx TS 6 Short Trailing Stop 6 Exit Ix TS 7 Long Trailing Stop 7 Exit SX TS 7 Short Trailing Stop 7 Exit Making Trading Dreams a Reality Trailing Stop 1 Dynamic Highest High Lowest Low HHLL 0 lx FinalExit le Recalibration 2000 le Recalibration 2000 t e S E Y d 2000 O J se Recalibration The Dynamic Highest High Lowest Low HHLL Trailing Stop uses a specified unit of Volatility Method to calculate the Floor and Amount for a trade to use for trailing The Method is then recalculated using a Method Multiple on each new bar close so that this Stop is dynamic Meaning that the Floor and Amount expand and contract on each new bar close Only the Highest High HH is static yet it expands t
17. t Enter the number of ticks away from entry to set floor which initiates TSH7 Ix_Ticks TS _Exit_Tiks Long Exit Input the number of ticks from the Highest High to place the exit The Short Exit inputs function the same in the opposite direction ShowCmtry ShowCmtry Show Commentary must be set to TRUE not case sensitive to enable this feature Enabling Analysis Commentary Expert Commentary or Expert Analysis the name has changed over the years can give you some insight into which switches are enabled disabled and what orders are being placed on the Open of the following bar All orders are generated on the Close of a bar to be executed during the life of the following bar ShowCmtry is recalculated from the first bar of available data and up to the bar that you clicked the cursor The ShowCmtry report is generated to show the strategy action for the current bar 13 Bullalgo Volatility Gauge Brake Indicator 500 a he a i 2000 sx PT 500 tif ul sx PT 2 250 4 sx FinalExit 0 Orion Volatility Gauge 1 StdErr 2 StdDev 3 ATR 4 ATR No Gaps 0 0760 PE The Bullalgo Volatility Gauge Brake Indicator is designed to visually observe the Gauge and Brake functions when using MGB The Gauge and Brake halt volatility when it becomes excessive which can set Method Profit Targets and Stop Losses completely out of reach and unreasonable When markets open excessive volatility happens almost everyday Thi
18. uses the x_ DynamicHLLH _ TS Method chosen from above to calculate a Floor The entered value chosen here is multiplied by the Method to create the threshold that price action must break through to activate TS 2 A FloorMult value of 1 would be 100 DynamicHLLH Method x 1 Ix_ DynamicHLLH _TS_ExitMult Long Exit The Multiple of the Method chosen that price action must come back to the entry price once the floor has been breached for a Long Exit TSH2 Ix_ DynamicHLLH _TS_ExitMult Example Input 1 in FloorMult using ATR as your method Price must move 1 ATRs favorably and touch or break the 1 ATR user input threshold to become active Next input 5 in ExitMult using ATR as the method Price must move 1 2 ATRs back from the Highest Low to exit the position The Short Exit inputs function the same in the opposite direction Trailing Stop 3 NumBar Number of Bars The NumBar Trailing Stop is dynamic in that it moves higher and does not allow for retracements This Trailing Stop tracks the Lowest Low LL of a period often three bars This allows the market to continue advancing with up to nBars 1 Number of Bars 1 of retracement before continuing on to higher highs or at minimum higher lows On the third bar of a retracement or a significant move against you this Trailing Stop will hit the stop price and exit the entire trade This exit has a Floor expressed as Ticks However in this case it is the Highest Low HL value that m
19. ust exceed the Floor This exit has a Number of Ticks input lx_ NumBar_TS_Fudge_Tiks as a Fudge Factor in case you want the market to prove that it wants to break through the support threshold of the previous Bar Low Ix_NumBar_TS_Off_On Long exit O 0ff 1 0n Ix_NumBar_TS_nBars Long Exit Number of bars to count for TS 3 calculation Ix_NumBar_TS_Floor Long Exit This exit also has a Floor expressed as Ticks In TSH3 the Highest Low value that must exceed the Floor Ix_NumBar_TS_Fudge_Tiks Long Exit Input in tick values used if you want the market to prove that it wants to break through the support of that previous Bar Low The Short Exit inputs function the same in the opposite direction Trailing Stop 4 Dollars le Recalibration 2000 le Recalibration 2000 The Dollar Trailing Stop has a Position Basis input Dollars_ TS PositionBasis that controls whether the Dollar values Ix_Dollars TS_ Floor and lx_Dollars_TS_ Amount are for a single share unit or for the entire position This Stop Loss has the same rules as the Dynamic Highest High Lowest Low HHLL in that it uses HH however the Floor and Amount to trail by are expressed in Dollars These Dollar amount levels create the Floor and Amount values which are static in this Trailing Stop Dollars_TS_PositionBasis Controls whether the Dollar values Ix_Dollars TS Floor and Ix_Dollars TS Amount are for a single contract or for the entire position True
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