OPEN-SOURCE SCRIPT

Trailing SL Strategy [QuantNomad]

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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.

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