Stages Outlook of the Rally

[Pierre Brodeur]

The trailing stop is a function of ATR% deducted from the highest closing price. The faster the ATR% decreases, the faster the trailing stop will get close to the trading price.

Very useful information Billy which makes me think of J. Welles Wilder's parabolic system (Stop and Reverse or SAR) presumably just on the long side.

I presume that the same exponential approach is valid when one is short? Yes or No
or the model is different for a short trade because your research has shown a different optimal stop strategy when short.

Pierre

[Pascal]

Very useful information Billy which makes me think of J. Welles Wilder's parabolic system (Stop and Reverse or SAR) presumably just on the long side.

I presume that the same exponential approach is valid when one is short? Yes or No
or the model is different for a short trade because your research has shown a different optimal stop strategy when short.

Pierre

We indeed use the same stop strategy for both Long/Short positions.

Pascal