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Break-even trailing stop (2%/5%) X25T

X_TRAIL_2PCT_5PCT | trade management | exit | exit | proposed

Logicif max_close_since_entry >= entry * 1.02 then stop = max_high_since_entry * 0.95
Edge-
Samples0

Definition

After 2% gain, trail stop 5% behind highest price since entry.

Logic Triples

PredicateLeftOpRightFormula
Break-even trailing stop (2%/5%)After 2% gain, trail stop 5% behind highest price since entry. Break-even trailing stop (2%/5%) == true if max_close_since_entry >= entry * 1.02 then stop = max_high_since_entry * 0.95

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