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Adaptive Stops / Pivot Stops for My Automated System
in Automated Trading
Posted
Hello All,
I am trying to improve the results of my automated system that I have been trading now for over a year with great success. I would like to improve upon the stops because they are static and do not change with the market. As of now, I manually move the stops once the trend starts to move in the systems favor. I have tried simple percentage trailing stops which flat out do not work. If anyone has other suggestions I would appreciate your input and, or example of Easy Language code. I am looking for some type of pivot stop that will move up once a new closing high has been made.