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Date/Time: Sun, 24 Nov 2024 02:02:22 +0000



Post From: Leap Frog - Ratchet Stop

[2013-08-27 19:59:26]
9baller - Posts: 38
I am coming from NT and want to replicate my ATM stop strategy....
I use a leap frog type of stop where:

once the market moves 5 ticks in my favor...
I use a 13 tick trail....and every 4 ticks it adjusts...
once the market moves 13 ticks the stop I effectively have a breakeven stop
but it has moved incrementally....Now once 14 ticks has been achieved
the stops leaps to trail by 5 ticks....adjusted every 4 ticks...
if the market explodes to 25 ticks profit...the stop relaxes a bit to trail
by 7 ticks...adjusted every 4....

with this type of stop I am not concerned with protecting small gains....
but take profits only when 14 ticks is achieved....keeps ratios strong

can this be done?....
I see that the stop all function does not offer differing thresholds for offset and trail