18

Ladder improvement: Trailing Buy + Trailing Take Profit


H
HefaistoS

If set correctly (or ideal dynamically based on normalized ATR - LINK: www.macroption.com/normalized-atr/ - just an idea) it would be a serious improvement to Ladder orders. It could improve the time to exit a trade faster and also increase the profit.

For buy:
If using Scales: then just place a tick option for opting out or in for Trailing, and set a generic "Stop%" and "Limit%" for all orders.
If using Targets: we can have an all-around setting as for Scales for all targets OR just place a specific "Stop%" and "Limit%" for each target.

For sell: it's the same behavior but reversed :D

This logic can be implemented and used also for BOTS
HERE is the request for this:
roadmap.altrady.com/b/bots/trailiong-buy-for-dca-and-trailing-sell-for-take-profit/

Kudos to all of you and Happy Trading!! :D

A

Activity Newest / Oldest

R

psudoTRADER

I think I only found one trading platform what offers this. You guys still have to implement the trailing - without the stop that is on the voting list, I know.

But it would be something you can simply turn on in Ladder Trading, set a limit for the rebound of the price and that's it - if would be nice to be able to do individual adjustment for each different step if possible.

Every single step of the ladder will benefit from trailing, so if the price keep going up, even the early sell orders will go up as well, maximizing profit.

An easier way maybe you be trailing be a button that offers Trailing Trigger Price and Trailing Percentage, if it's a stop trailing, you turn on the Stop, rather than make it another tab.


  • A
  • A
  • A
Avatar

Roo

Merged with: Ladder + Trailing