Quantopian's community platform is shutting down. Please read this post for more information and download your code.
Back to Community
Searching for the 'golden' dynamic profit target!

I've been trying to figure out what the best dynamic profit target could be. I trade on non-time based charts mostly (i.e. range). I have tried different methods on time based charts such as relative volume with average true range and sometimes as far as just manually closing out positions. Does anyone know of a good strategy to figure out where to place a profit target for a trend following system based on MA's and how will it move with different price action and time (if using time).

Any feedback is highly appreciated here!

2 responses

I use a tweeked SAR

I do use PSAR for stop loss. Just trying to gather thoughts outside the traditional technicals.