How to code a TRAILING STOP LOSS in Pine Script
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Want to learn Pine Script? Look no further. I have you covered!
This lesson demonstrates various methods we can use to code trailing stop losses in Pine Script to lock in profits in strategy scripts - including ATR and Percentage-based variants with several parameters.
With over 16 years of coding experience and 5+ years of profitable trading experience, I specialize in TradingView's Pine Script programming language and I'm here to pass on everything I've learned about both trading and coding.
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▼Timestamps▼
00:00 - Intro & Overview
01:05 - Script Settings
05:35 - Preparing Trailing Stop Variables
08:20 - Calculating Trailing Stop Price
16:13 - Updating Trailing Stop Price & Alerts
23:23 - Exiting Based On Candle Closes
25:20 - Final Summary
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