Trailing Manual stop strategy
Trailing Manual stop strategy
Hello,
I wanted to share how I do my trailing stop that avoid me to exit too quickly a trade and work on every time frame ( I like to use it on a 15 min time frame )
This is very simple but yet efficient
Once in the trade, you can only move your stop to the low -1 tick or the high +1 tick of the previous candle if :
1- Candle is closed
2- Candle is positive ( long trade ) / Negative ( short trade )
3- The candle closed above the high of the previous candle
Here an example below.
https://gyazo.com/67bc7e90558be653c41308a7b2abd8c5