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I have been and continue to be interested in what [USER=57364]@Skate[/USER] calls his "Stale" stop-loss. I had no idea how to code such a thing, but the idea seems sound. I currently have a few stocks that initially trended strongly higher, but currently are operating in a range. They do seem stale.

I'm trading Weekend Trend Trader which uses 20 week break-outs. I code Donchian(20) channels to visualize that.

In a happy accident, today I noticed that the upper Donchian channel for Amazon had turned lower. So there has been no new high for 20 weeks. This seems to be a reasonable test of staleness for my WTT strategy.

I will definitely code this up and backtest to see whether it acts as an improvement over the existing system.

[ATTACH=full]119001[/ATTACH]

<blockquote data-quote="dpong" data-source="post: 1109337" data-attributes="member: 84133">I have been and continue to be interested in what [USER=57364]@Skate[/USER] calls his &quot;Stale&quot; stop-loss.&nbsp;&nbsp; I had no idea how to code such a thing, but the idea seems sound.&nbsp; I currently have a few stocks that initially trended strongly higher, but currently are operating in a range.&nbsp; They do seem stale.I&#039;m trading Weekend Trend Trader which uses 20 week break-outs.&nbsp; I code Donchian(20) channels to visualize that. In a happy accident, today I noticed that the upper Donchian channel for Amazon had turned lower.&nbsp;&nbsp; So there has been no new high for 20 weeks.&nbsp; This seems to be a reasonable test of staleness for my WTT strategy.&nbsp; I will definitely code this up and backtest to see whether it acts as an improvement over the existing system.[ATTACH=full]119001[/ATTACH]</blockquote>

[QUOTE="dpong, post: 1109337, member: 84133"] I have been and continue to be interested in what [USER=57364]@Skate[/USER] calls his "Stale" stop-loss. I had no idea how to code such a thing, but the idea seems sound. I currently have a few stocks that initially trended strongly higher, but currently are operating in a range. They do seem stale. I'm trading Weekend Trend Trader which uses 20 week break-outs. I code Donchian(20) channels to visualize that. In a happy accident, today I noticed that the upper Donchian channel for Amazon had turned lower. So there has been no new high for 20 weeks. This seems to be a reasonable test of staleness for my WTT strategy. I will definitely code this up and backtest to see whether it acts as an improvement over the existing system. [ATTACH type="full"]119001[/ATTACH] [/QUOTE]

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