Proportional Trailing Stop Request

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Proportional Trailing Stop Request

Postby bhallett » Sun Oct 17, 2010 1:11 pm

Hi,

I would like to request the development of a proportional trailing stop. This would allow traders to dictate what proportion (expressed as a percentage) of profits should be protected at all times.

For example, a 60% proportional trailing stop would protect 60% of profits. The trailing stop, assuming a long position, would be calculated as the trade high less 40% of the difference between the trade high and the entry price.

I appreciate your attention to this matter and the consideration of development of this.

Thank you.
bhallett
 
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