A trailing stop will protect your profits by enabling a trade to remain open as long as it is moving in the right direction. The trailing stop is flexible, automatically tracks the price and does not have to be manually reset like the fixed stop loss. The position will close automatically should the price goes against the trade by a specified percentage or amount.
Category Archives: Trailing Stops
Chande Kroll Stop vs Chandelier Exit
The Chande Kroll Stop was presented by Tushar Chande and Stanely Kroll in “The New Technical Trader”. It is a volatility based trailing stop and as most indicators in this category, it will help manage your profits by keeping positions open as long as they move in your favor. In this post we’ll compare the…
The Wilder Volatility Stop
When used with time based bars, the Volatility Stop indicator adjusts to the current market environment. Specifically, it allows for stop widening when volatility increases and tightening when it decreases.
The ATR Trailing Stop
In this post we introduce our ATR trailing stop indicator for NinjaTrader 8. The ATR responds to volatility, highlighting possible trend changes…