Dynamic Stop Loss

 

Hi, guys!

Recently been thinking about dynamic stop loss.

Do you have any ideas on how to get deeper into this topic?

 
Osmar Sandoval Espinosa:

Hi, guys!

Recently been thinking about dynamic stop loss.

Do you have any ideas on how to get deeper into this topic?

 Hi, Osmar !  

what about dynamic swing-based stop loss ? 

I used this logic for me.

Have a Good day

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Osmar Sandoval Espinosa:
Do you have any ideas on how to get deeper into this topic?
Best Option is using ATR indicator. I use dynamic TP/SL using ATR Indicator
 
Osmar Sandoval Espinosa:

Hi, guys!

Recently been thinking about dynamic stop loss.

Do you have any ideas on how to get deeper into this topic?

Hi, A few directions that work well:
  • ATR-based – move SL with price using a multiple of ATR (e.g. 1.5× ATR behind the current price). Simple and adapts to volatility.
  • Structure-based – trail behind recent swing highs/lows so the market has “room to breathe” but you’re still protected.
  • Time-based – tighten or relax the stop after X bars or after a certain time (e.g. lock in more profit as the trade ages).
If you’re coding in MQL5, start with one of these (ATR is the easiest), get it on the chart, then mix in structure or time if you want. Plenty of examples in the Code Base if you search “trailing stop” or “dynamic SL”.