Bhala-SrinivashBhala-Srinivash/nse-trading-skills/trailing-stops/SKILL.md

trailing-stops

Skill36 starsChanged 8 months agoMITView on GitHub

Trailing stop strategies to lock in profits on NSE/BSE equity positions. Covers ATR trail, structure trail, MA trail, chandelier exit, and the recommended hybrid approach.

We split this skill into the rules it gives an agent

3 rules. About 0 are common, 3 are distinctive, and 0 are very specific to this project.

≈0
Common · estimate
Many files like this have a rule of this kind.
≈3
Distinctive · estimate
This author's own choices. Worth a look.
0
Very specific
Tied to their project's names, files or tools. Probably skip.

Common
Distinctive
Very specific

Distinctive:
No dependencies required. Provide entry, current price, and ATR manually.
line 18
Distinctive:
Use closing price vs MA — if daily close is below the MA, exit next day.
line 66
Distinctive:
Don't overtighten: If you're trailing too tight, you'll get stopped out on normal pullbacks.
line 80

≈ “Common” is an estimate: at least 1 in 5 of the 308,232 skill files we read have a rule of the same kind, not the same words. “Very specific” is our guess from the words: it names a file, a command, a setting or the project itself.

Keep what fits and drop the rest. Your version, ready for your agents.

Files

SKILL.md

Trailing Stops

Once a trade is profitable, trailing stops protect your gains while letting winners run.

Prerequisites

No dependencies required. Provide entry, current price, and ATR manually. Enhanced with Groww MCP (live ATR, candles, MAs) or yfinance.

Data Needed

Entry price and current price: Known or from get_quotes_and_depth
ATR(14): get_historical_technical_indicators from Groww, or user-provided
Recent swing lows/highs: fetch_historical_candle_data (daily)
Moving averages: SMA20, EMA50 from indicators
Initial risk (1R): Entry - original stop-loss

The Hybrid Approach (Recommended)

This progressive system adapts as the trade matures:

Trade Stage	Profit Level	Trailing Method
Just entered	0 to 1R	Fixed stop — don't trail yet, use initial stop-loss
Early profit	1R gained	Move to breakeven — stop at entry price (eliminates risk)
Building profit	2R gained	ATR trail — highest close minus ATR(14) × 1.5
Strong runner	3R+ gained	Structure trail — below most recent swing low

This works because:

Below 1R: Moving stop too early gets you shaken out on noise
At 1R: Breakeven means you can't lose money — psychological freedom to hold
At 2R: ATR trail gives the stock room to breathe while protecting most profit
At 3R+: Structure trail is tighter, appropriate when you have a large cushion

Individual Methods

ATR Trail

Trailing stop = Highest close since entry - ATR(14) × multiplier
Multiplier: 1.5 (tight), 2.0 (standard), 3.0 (loose)

Recalculate daily at market close. Only move stop up, never down.

Structure Trail

Trailing stop = Below the most recent higher low

Identify swing lows on the daily chart. Each new higher low becomes the new stop reference. Best for stocks making clear stair-step patterns.

Moving Average Trail

Aggressive: Trail below SMA20 (for fast trends)
Moderate: Trail below EMA50 (for steady trends)
Conservative: Trail below SMA200 (for long-term holds)

Use closing price vs MA — if daily close is below the MA, exit next day.

Chandelier Exit

Trailing stop = Highest high since entry - ATR(14) × 3.0

More aggressive than standard ATR trail. Good for volatile runners where you want to ride big swings.

Trailing Stop Rules

Only move up, never down — a trailing stop is a ratchet
Check daily at market close — don't adjust intraday (noise)
Use closing prices for triggers — ignore intraday wicks
When stop is hit: exit at next day's open, no exceptions
Don't overtighten: If you're trailing too tight, you'll get stopped out on normal pullbacks. Give the stock room proportional to its ATR.

Choosing Your Method

Stock Behavior	Best Trail Method
Strong uptrend, clear swing lows	Structure trail
Trending but volatile	ATR trail (2.0×) or Chandelier
Steady grinder, low volatility	MA trail (EMA50)
Explosive mover, unsure of top	Chandelier exit (3.0× ATR)
Long-term investment	MA trail (SMA200)

Download now (ZIP)

Other versions1 project uses a version of this.
Word for word · 0
None found.
Edited · 0
None found.
Wrote their own version · 1
Shubhamkumartrichy/claude-trading-skills-india★ 7same name
How matches are found. Word for word: the exact same text. Edited: shares passages with this file (“99% same” means 99% of its five-word phrases also appear here; 10% or more counts). Their own version: similar meaning, or, weakest, the same name. We can’t tell which project had it first. Projects are counted among the 200 most-starred candidates, and mentions are links to the repository we found, up to 50 per site, so both counts are a floor.
In this repository8 other files it gives its agents.
- fibonacci-tradingSkill
- multi-timeframe-analysisSkill
- nse-trading-toolkitSkill
- position-sizingSkill
- risk-reward-ratioSkill
- rsi-divergenceSkill
- stop-loss-strategiesSkill
- technical-analysisSkill

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