OptiNod Academy
Exit Design
Browse all 6 parts in the Exit Design series and start from the section you need.
MFE and MAE — Look at the path a trade took before changing the exit
Recording maximum favorable and adverse excursion lets you compare exit rules. This article uses real trades to show how to read MFE and MAE with a matched observation window and fill order.
Profit targets — Look at target size and hit rate together
A larger target does not always lead to a higher average result. This article compares fixed-R, ATR and structure targets, and shows how to check hit rate and holding period alongside them.
Trailing stops — Changing the width changes the win rate and the profit
The trailing width changes both the exit timing and the average result. This article compares 2, 3 and 4×ATR and uses real pullback cases to cover what to check when choosing a width.
Breakeven stops and partial profits — Reducing losses also means missing some profit
Breakeven stops and partial profits change results in different ways. This article counts breakeven trades separately and compares the losses avoided and the profit reduced under the same conditions.
Time stops — When to close a trade that is not moving
What changes if you close slow-moving trades early? This article compares 5-bar and 10-bar time stops on total profit, average result, holding period and drawdown.
Pyramiding — Recalculate the risk of the whole position before adding
Adding to a profitable position increases both profit and the loss on a pullback. This article separates the result of adding the same size once from the calculation that limits size to a risk budget.