Clarix Trailing Master

Clarix Trailing Master
Advanced Manual Entry Trailing Stop Strategy

Purpose:
Clarix Trailing Master is designed to give traders precise control over trade exits with a customizable trailing stop system. It combines manual entry inputs with dynamic and static trailing stop options, empowering users to protect profits while minimizing premature stop-outs.

How It Works:

• You manually input your trade entry price and specify the trade direction (Long or Short).
  
• The strategy activates the trailing stop only after the price moves favorably by a configurable profit threshold. This helps avoid early stop losses during initial market noise.
  
• You can choose between a dynamic trailing stop based on Average True Range (ATR) or a fixed static trailing distance. The ATR can also be computed on a higher timeframe for enhanced stability.
  
• Once active, the trailing stop updates live with price movements, ensuring your gains are locked in progressively.
  
• If the price crosses the trailing stop, a clear alert triggers, and the stop-hit status displays visually on the chart.
  

Key Features:

• Manual entry with exact price and timestamp input for precise trade tracking.
  
• Supports both Long and Short trades.
  
• Choice between dynamic ATR-based trailing or static trailing stops.
  
• Configurable profit threshold before trailing stop activation to avoid early exits.
  
• Visual markers for entry and stop-hit points (yellow and red respectively).
  
• Live dashboard displaying entry details, trade status, trailing mode, and current stop level.
  
• Works on all asset classes and timeframes, adaptable to various trading styles.
  
• Built-in audio alert notifies you immediately when the trailing stop is hit.
  

Usage Tips:

• Adjust the profit threshold and ATR settings based on your asset’s volatility and timeframe. For example, use higher ATR multipliers for more volatile markets like crypto.
  
• Consider using higher timeframe ATR values for smoother trailing stops in fast-moving markets.
  
• Ideal for swing trading or position trading where precise stop management is crucial.
  
• Always backtest and paper trade before applying to live markets.