OPEN-SOURCE SCRIPT
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Progressive Profit Taking with Trailing Stop

13 041
This is version 2 of
Customizable trailing Stop For Manual Entries


Special features:
  • Added partial profit taking as price rises. Profit taking is triggered by price crossing an EMA.
  • After profit taking, price has to rise by a user-specified percent before taking profits again.
  • Also includes condition for fully closing position after meeting specified profit target.


To incorporate into your algo, turn the plotshape functions into alertcondition.
Sürüm Notları
Fixed line 39

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