For a lot of scaling / pyramiding (in or out) you need to use the custom backtest to get the best results. I don't have a lot of experience with it yet. I have several projects on the go at the moment, but when I get time I will look at your project.
Mark --- In [email protected], "asitasu" <asit...@...> wrote: > > hi mark, > > exellent job by throwing light on risk/trade management. i have few > sugessions to make about different way of putting smart stop. and different > way to manage trade to lock & increase profit potential. > i am not good at writting afl so if you can incorporate following strategy in > the afl & give your opinion i would be highly oblige. > it would be great for rest of our trader community to understang different > way of managing trade. > > my system(for one position only) : > > buy as per your or any rule. > hear initial position = 1/4 th of max permissable position as per > money management rule(whichever we follow) > say for simplysity 100 shares(ie fix position > sizeing method) > initial position = 25, > scale-in 1/4 position as soon as traling stop initiated. > scale-in remaining position at buyprice + 4*ATR > sell & trade management as follow > 1) put initial stop loss at time of entry to low of privious 3 bar > lowest low minus filter(this is fix stop). > 2) as soon as trade moves to 2*ATR in favour of trade( current price > > buyprice+2*ATR. cancell above stop & follow trailing stop. > trailing stop = low < ideal bar low. > ideal bar = bar which close at lower than priviou 3 bar low. > 3) after current price > buyprice + 6*ATR. change > trailing stop = low < privious bar low - filter > in my opinion this system will produce optimum return on risk. > > kindly favour me in coading above mehod. > > asit. >
