Trailing SL Strategy [QuantNomad]

I'm a big fan of simple strategies.
This one is a very simple one. So it consists only from one Trailing SL. When SL is hit, the position is reversed and SL is tracked for a new position.
You can choose one of 3 types of SL:
  • % of your price
  • ATR - it is calculated as current ATR * multiplier
  • Absolute
As you can see even this simple strategy can show pretty good results.
Script de código aberto

No verdadeiro espírito TradingView, o autor deste script o publicou com código aberto, para que os traders possam compreendê-lo e verificá-lo. Um brinde ao autor! Você pode usá-lo gratuitamente, mas a reutilização deste código em uma publicação é regida pelas Regras da Casa. Você pode favoritá-lo para utilizá-lo em um gráfico.

Quer usar esse script no gráfico?
PineScript Programming: https://qntly.com/pineprog
TradingView Essen: https://qntly.com/tve

Access to Pro Indic.: https://qntly.com/proind

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Sir that's not working no so singnal on chart
+8 Resposta
QuantNomad Choudhary122
@Choudhary122, What symbol/timeframe are you using? I bet default params are too big for your stuff. Try to switch to ATR, should work on anything.
+6 Resposta
The script works pretty good. Can also please add alerts?
+5 Resposta
QuantNomad SIO34trade
@SIO34trade, here are alerts for this strategy:
+4 Resposta
Hey looks pretty good! Thanks for share! Any recommend about TF, 1h and above?
+2 Resposta
QuantNomad WallStSpecter
@WallStSpecter, Yep, it seems to work pretty good at 1-4H. I think it might work pretty good and on other time-frames with different settings.
+2 Resposta
WallStSpecter QuantNomad
@QuantNomad, thanks for respond. Have a good day!
Thank you for your special help for my question on mail system... Also for sharing... Good job
+1 Resposta
Hi QuantNomad, I love this strategy of yours.

I am trying to adapt your code to run on my script which uses pyramiding only when my PNL is negative. The case is, after my first entry, I have 2 more pyramiding orders to average my position at strategic places

The question is, I want to start trailing only after my last pyramiding order get filled. May you suggest me how would I do this?

Thanks in advance
Great stuff.

Hiw do i get to your training course and can I get help with my first pine code which is only part working. Thanks for the cool code!