Problem
Today I came across the same issue that others users have reported and opening topics about: "Close positions at the end of Market Session when using a special indicators to close or trailing position is not an alternative."
The best of trailing algorithms don't work with End of Session(Exit Hour, Exit Time, Day Closing) as:
Request Reason1
Trailing can be important component for a trading system and for generator to find a better performance system.
Request Reason2
Users are using FSB with others markets data and symbols than Forex to generate strategies, some of symbols requires a large margin/feed to stay overnight positions. We dont want to consider position system, only daytrading systems that closes positions at the end of market session.
Others users Requests and Resolutions
As I mentioned already have topics about this
Topics that I found
2015-07-09 Topic: Trailing Stop + other conditions for Exit - Link: forexsb.com/forum/post/30569
2016-09-14 Topic: Trailing profit and loss & Partial closure questions - Link: forexsb.com/forum/post/39467
2016-10-19 Topic: Day Closing 2 and Trailing Stop - Link: at forexsb.com/forum/post/39464
Past Answers
@Blaiserboy has answered some of them by suggesting that "A moving average will do a great job for a trailing stop"
Blaiserboy 2016-10-28 wrote:A moving average will do a great job for a trailing stop, I use ma's on many strategies.
Read more at forexsb.com/forum/post/39467/#p39467
Blaiserboy 2016-10-28 wrote:You can use a moving average for trailing stop. I find it to do an excellent job. Read more at forexsb.com/forum/post/39464/#p39464
A good and logical Trailing Stop* uses the StopLoss Level thats probaly is far away from current market whipsaws. Others algos as Donchian Channel consider price extrems and it's good idea also.
Moving average use to generating a lot of false signals positives at whipsaws or in high volatility, there is no way to trust in something that is already named Average as quick fix or trailing stop alternative. I do not agree with your suggestion.
Total Respect to @Blaiserboy, keep up the good work
@Popov
Popov 2015-07-09 wrote:We are working on implementing such possibilities in the program.
They will be available in the future versions. Read more at forexsb.com/forum/post/30570/#p30570
Any news?
REQUEST
Include in Strategy Properties a new tab called "Market Session" and at this tab give to the user the power to
Thanks in Advance!
@POPOV
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