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Trailing stop methods
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Old 06-26-2005, 06:18 PM
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Default Trailing stop methods

What type of trailing stop method works best for you?
a] a fixed 5 pips trailing stop.
b] a 10 pips stop that starts to decrease after the profit target is reached.
c] a stop based on ATR.
d] Time based.
e] some other method you want to share.

Personally I'm thinking about a combination of b and c. But haven't an idea yet how to put it in code.
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