- Accounts & Connection Management
- Data Management & Analysis
- Price Monitoring
- Charting
- Trading
- Scanners
-
Builders
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Manual Strategy Builder
- Main Concept
- Operand Component
- Algo Elements
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Use Cases
- How to create a condition on something crossing something
- How to create an indicator based on another indicator
- How to calculate a stop loss based on indicator
- How to submit stop order based on calculated price
- How to calculate a current bar price using a price type from inputs
- How to Use a Closed Bar Price
- Automatic Strategy Builder
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Manual Strategy Builder
- Autotrading
- FinScript
- Trade Analysis
- Media Feeds
- Logs & Notifications
- UI & UX
FinStudio also supports some pre-built exit signals. These signals can be automatically used in any automated trading strategy and programmers don't have to program it. Our exit signals work similar way as position sizing methods. Once it's programmed, it can be used anywhere in the application.Â
To add exit signal just select it from the list and add it. Signals are then displayed in the Exit Signals section where they can also be configured. Â
In total we have the following Exit Methods available:
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- ATR Trailing Stop: Adjusts stop loss based on market volatility measured by Average True Range.
- Average Candle Size: Sets exit triggers based on the average size of recent candlesticks.
- Breakeven Exit Method: Automatically closes a position once it reaches a breakeven point.
- Chandelier Stop: Sets dynamic stop-loss levels based on market volatility using ATR.
- Close After X Bars: Closes the position after a predetermined number of bars have elapsed.
- Close at Date Time: Automatically closes a trade at a specific calendar date and time.
- Close at the End of Specified Day: Closes the position at the close of trading on a specified day.
- Exit at Time: Specifies an exact time for exiting a position, independent of date.
- Stop Loss: Closes a trade once the market reaches a predetermined loss threshold.
- Take Profit: Exits a position once the market reaches a predetermined profit target.
- Trailing Stop: Adjusts stop loss level as the market moves in favor of a position.
- Volatility Stop: Uses ATR to set protective stops that adapt to market volatility.
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You can find more information about Exit Methods on the following page:
Â
- Accounts & Connection Management
- Data Management & Analysis
- Price Monitoring
- Charting
- Trading
- Scanners
-
Builders
-
Manual Strategy Builder
- Main Concept
- Operand Component
- Algo Elements
-
Use Cases
- How to create a condition on something crossing something
- How to create an indicator based on another indicator
- How to calculate a stop loss based on indicator
- How to submit stop order based on calculated price
- How to calculate a current bar price using a price type from inputs
- How to Use a Closed Bar Price
- Automatic Strategy Builder
-
Manual Strategy Builder
- Autotrading
- FinScript
- Trade Analysis
- Media Feeds
- Logs & Notifications
- UI & UX