profit trail vs stop trail
1 replies
Threshold
10 years ago #111892
The PDF is vague on its description of these but I think i have a general idea of their difference.
Profit trail only trails using pips?
Stop trail trails using multiple rules like pips + indicator or ATR?
Also for weighted fitness their is no description for Standard Dev in the PDF. I assume it is measuring new balance highs to new balance lows and vise versa. What are the rules for this?
Mark Fric
10 years ago #123426
Profit trailing vs Stop trailing, you are basically right, and there’s one more difference:
Profit trailing – it trails the stop loss X pips from the current ask/bid price when the order reaches higher profit
Stop Trailing – doesn’t care about profit achieved, it moves stop loss according to given rule, it can trail stop by moving average, or highest high of X candles back, etc.
StandardDev – computes standard deviation from the array of trade profits/losses
Mark
StrategyQuant architect
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