exit-strategies

What problem does it solve?

This Skill provides a comprehensive toolkit for defining and implementing systematic exit strategies, crucial for managing risk and locking in profits in trading.

Core Features & Use Cases

• Diverse Exit Methods: Implements stop-loss, take-profit, trailing stops, time-based exits, and signal-based exits.
• Adaptive Strategies: Includes ATR-based and volatility-adjusted stops to suit market conditions.
• Use Case: Automatically define a trade exit plan that includes a 2% hard stop loss, a 2.5x ATR trailing stop, and scaled profit-taking tranches at 2R, 4R, and 8R.

Quick Start

Define an exit strategy for a long position using a 20% fixed stop loss and a 3x ATR trailing stop.