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Date/Time: Fri, 14 Mar 2025 19:09:25 +0000



[User Discussion] - Kiwi's Trailing Stop

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[2022-06-29 03:38:05]
User495360 - Posts: 12
Hi all and hi Kiwi,
if he's reading.
I am studying the beautiful Kiwi's TS and I am trying to understand the formula to really grasp how it works.
I've googled: kiwi's trailing stop site:sierrachart.com and read all the material I've found.
I've found out and read about Chuck LeBeau and the Chandelier Strategy (things got very deep very quickly) but I can not understand exactly how the Kiwi's TS is calculated.
I'm not expert enough to get the details from analyzing the code.
Is there any chance to have the formula written down in plain English?

Thank you

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