A study to compare the benefits of trailing stop revealed that using the trailing stop reduces profitability by quite a bit.
You say "it returns the profitability by quite bit" what this means?
Did the study have applied out of sample testing? walk foward testing? monte carlo?
Or they have just taken a overfitted system with and without trailing stop?
Systems with "lower" profitability doesn't mean a bad system at all. I prefer a system that gives 80% months on profit with low profitability in out of sample testing than a system that has profitability in the in sample (overfitted backtest).
Unfortunately this features is difficult to be implemented reliably and fast in the program. We put our efforts in strategy design that to be as robust as possible and in the same time very fast for testing.
Much respect, We know you doing the best work worldwide.
I still believe one day ea studio will have it, at least for the people who wants to spend some time testing and improving a strategy.
So at the moment my conclusion is, that the trailing stop in the EA Studio portfolio brings no advantage because the generated indicator Exit are much more profitable as the trailing stop in the long run view and additional the strategie in EA Studio corresponds with the MT4 backtest.
How are your experiences?
I've done my work and have spend some time developing strategies with trailing stop.
My conclusion is that it will produce a much better MFE for the strategy and months in profit in a long run.
The problem I face is that when I develop the trailing by my own I can't stress the strategy with Monte Carlo and use this awesome tool called ea-studio to do it.