Tester: A Pattern Trailing Stop and Exit the Market

 

New article A Pattern Trailing Stop and Exit the Market has been published:

Developers of order modification/closing algorithms suffer from an imperishable woe - how to compare results obtained by different methods? The mechanism of checking is well known - it is Strategy Tester. But how to make an EA to work equally for opening/closing orders? The article describes a tool that provides strong repetition of order openings that allows us to maintain a mathematically correct platform to compare the results of different algorithms for trailing stops and for exiting the market.

Author: Sergey Kravchuk

 

Nice effort. But, I couldn't understand, that how this pattern work will help me in my trading decisions.

Better if a step by step instruction can be provided, with a live example. Say I am trading EURUSD. How can I train my trailing algorithm using these EAs.

Reason: