How To Use PSAR As Trailing Stop Loss?

19 November 2017, 14:51
Ahmad Hassam

Stop loss is very important in any trade.

There are times when stop loss doesn't work.

This happens when market moves very fast.

But using a stop loss is a good idea.

Trailing stop loss is way to trail the price in order to maximize profits.

I have written a blog post on how to use PSAR as a trailing stop loss.

We can also use a simple moving average as well as an exponential moving average for trailing stop loss.

Using MACD as a trailing stop loss is also a good idea.

First we define a class and provide it with a method that we can use to trail the stop loss.

Read the blog post, I explain everything in detail

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