Uncommented Bonus Stops
Because I had to keep the stops fairly basic for the research in this book, here are
a bunch of more complex bonus stops you can experiment with yourself:
{***** Percentage-based Stops *****}
Variables:
StopLoss(4), TrailingStop(2), ProfitStop(25), TargetStop(8), SlowBar(3),
MinBarMove(0.25), MaxLength(10), LongLoss(0), ShortLoss(0), LongTrailing(0),
ShortTrailing(0), TrueLength(0), TrueProfitStop(0), LongProfit(0), ShortProfit(0),
TrueMinBarMove(0), LongTarget(0), ShortTarget(0), TrueSlowBar(0),
TrueNextBar(0), TrueMaxLength(0);
If BarNumber = 1 Then Begin
LongLoss = 1 - StopLoss * 0.01;
ShortLoss = 1 + StopLoss * 0.01;
LongTrailing = 1 - TrailingStop * 0.01;
ShortTrailing = 1 + TrailingStop * 0.01;
TrueProfitStop = 1 - ProfitStop * 0.01;
LongTarget = 1 + TargetStop * 0.01;
ShortTarget = 1 - TargetStop * 0.01;
TrueSlowBar = SlowBar - 1;
TrueMinBarMove = MinBarMove * 0.01;
TrueMaxLength = MaxLength - 1;250 PART 3 Stops, Filters, and Exits
Long only: 2.7% trailing stop,
4.5% profit target, 4 bars max. trade length PercProf: 90.77
Trades PercWin NetProfit AvgProfit ProfitStD RiskRatio
Average: 192.15 46.25 87,226.75 529.15 Market
St. Dev: 56.68 5.37 62,318.27 388.33 3,321.90 0.15
High: 248.84 51.62 149,545.02 917.48 3,851.05 Portfolio
Low: 135.47 40.88 24,908.47 140.82 (2,792.75) 1.36
ProfitFactor RiskFactor MaxDD PercDD PercTime AvgLength
Average: 1.51 0.26 31,946.18 20.77 16.40 3.58
St. Dev: 0.38 0.19 21,181.11 20.01 5.30 0.65
High: 1.89 0.44 53,127.29 40.78 21.70 4.23
Low: 1.13 0.07 10,765.07 0.76 11.10 2.93TABLE 20.10
Results of Trailing Stop on Expert Exits System