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Can this exit method be implemented in SQ?

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eastpeace

Customer, bbp_participant, community, sq-ultimate, 305 replies.

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4 years ago #254807

About trailing stop.

The red line is SQ’s ATR trailing stop.  It will move in the unfavorable direction.

It is more like a volatility  monitor  than a good stop trailing. So I adjust the  stop loss to a value that is always away from the entry price. As indicated by the green line.

Here is my request.

https://roadmap.strategyquant.com/tasks/sqp_0066

Can this exit method be implemented in SQ?  The EL code is easy. But  Java in SQ is too hard for me.

Is anyone interested in this?  How to add such an exit method in SQ.

Here is EL style code.

ATRV = avgtruerange(20);
mp = MarketPosition;
if MarketPosition= 1 then Begin

Atrtrail_SQ = c – 3*ATRv;
if BarsSinceEntry = 0 then Begin
AtrTrail_Fix = Atrtrail_SQ;
end;
if Atrtrail_SQ < AtrTrail_Fix Then Begin
AtrTrail_Fix = AtrTrail_Fix[1];
end;
else Begin
AtrTrail_Fix = Atrtrail_SQ;
end;
end;

 

 

 

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eastpeace

Customer, bbp_participant, community, sq-ultimate, 305 replies.

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4 years ago #254810

It is like this method.

https://school.stockcharts.com/doku.php?id=technical_indicators:chandelier_exit

And there is another exit method with time factor,

http://forum.metastock.com/posts/t148709-

 

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eastpeace

Customer, bbp_participant, community, sq-ultimate, 305 replies.

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4 years ago #254859

Please forgive my invincibility. As I checked the code in SQ and MC again, I found that the trailing method  that like chandelier_exit  has been implemented and works well.

 

 

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