Trailing Stop LX Strategy

By Samantha Baltodano

What Is the Trailing Stop LX Strategy?

The Trailing Stop Long Exit (LX) strategy generates a Long Exit signal when the Low price gets less than the Trailing Stop value. 

This value is based on Stop Price which is equal to prior Entry price minus specified offset. The offset can be measured in percent, actual price points, or ticks (see input parameters' description for details). 

The Trailing Stop value raises the Stop Price as the market price increases; if however the market price fails to rise, the Stop Price remains unchanged.

Trailing Stop LX is just one of many strategies that Archaide automates. For a full list of strategies and studies available click here.

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