This one is a very simple one. So it consists only from one Trailing SL. When SL is hit, the position is reversed and SL is tracked for a new position.
You can choose one of 3 types of SL:
- % of your price
- ATR - it is calculated as current ATR * multiplier
In true TradingView spirit, the author of this script has published it open-source, so traders can understand and verify it. Cheers to the author! You may use it for free, but reuse of this code in a publication is governed by House Rules. You can favorite it to use it on a chart.
I am trying to adapt your code to run on my script which uses pyramiding only when my PNL is negative. The case is, after my first entry, I have 2 more pyramiding orders to average my position at strategic places
The question is, I want to start trailing only after my last pyramiding order get filled. May you suggest me how would I do this?
Thanks in advance
Hiw do i get to your training course and can I get help with my first pine code which is only part working. Thanks for the cool code!