2025-03-14 · PHYS · Swing · Core

BREAKEVEN AT

A fraction of the distance from Entry → Take-Profit (TP). If Breakeven At = 0.5, once the end-of-day close reaches 50% of the way to TP, the stop-loss is moved to the entry price. Fires once — after that, only the trailing stop can move it further.

LONG: triggers when close ≥ entry + 0.5 × (TP − entry)

SHORT: triggers when close ≤ entry − 0.5 × (entry − TP)

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TRAILING

Locks in a fixed share of your best unrealised profit so far. If Trailing = 0.4, the stop sits 40% of the way from entry to the best close you've seen. Updates end-of-day, only ratchets tighter, never loosens. Only moves when the position is in profit — if price never clears entry, the trailing stop stays at the original Stop-Loss (SL).

LONG: dynamic SL = entry + 0.4 × (peak close − entry)

SHORT: dynamic SL = entry − 0.4 × (entry − trough close)

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WHEN DOES PROTECTION ACTIVATE? *

Protection is calculated at end-of-day starting from Day 1.

• Day 1 intraday: original stop-loss only — checked bar-by-bar against 15-minute prices after your entry fills
• End of Day 1: breakeven and trailing evaluated for the first time; dynamic stop set for Day 2
• Day 2 onward: updated dynamic stop applies at the open; TP/SL checked against daily high/low

Both effects stack — the active stop is always the tightest of: original SL, breakeven, and trailing.

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HORIZON (D)

Hard expiry. If neither TP nor SL is hit, the position is closed at the last available close on or before Day H. Per-tier horizons apply when configured. No extensions.

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* Swing trading requires active monitoring and follow-up. Market conditions can change unexpectedly on subsequent days (e.g., news, gaps, volatility), so reassess risk and execution daily.