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Condition
trailing_stopexit
Trailing stop from the extreme price since entry; trail distance is either an ATR multiple (atr_multiplier) or a percent (trailing_pct)
Category
Risk management
Discriminator
kind = "trailing_stop"
Roles
exit
Required fields
None.
Optional fields
FieldTypeDescription
activation_pctanyOf (2 variants)Minimum profit % before trailing stop activates. None = activate immediately on entry.atr_multiplieranyOf (2 variants)-atr_periodanyOf (2 variants)-kindstring-trailing_pctanyOf (2 variants)Trail distance as a percent of the extreme price since entry. The stop is live from the entry fill, at the fill price less this distance, then ratchets at each bar close. Mutually exclusive with atr_multiplier.