S.E.T.-Aligned Trailing Stop
Generate Pine Script v6 + ThinkScript code for a trailing stop that activates only AFTER the trade is in 1R profit and never moves down or replaces the initial S.E.T. stop. The trail locks in profit; the S.E.T. stop protects the entry. Two stops, two jobs, no contradiction.
Pine Script v6
ThinkScript
Activates after 1R
β S.E.T.-aligned exit overlay
β S.E.T. Rule: The initial stop set at entry IS the S.E.T. stop. Position size
was already computed FROM that stop (1% Γ account Γ· stop_distance). The trailing stop is a separate
overlay; it never replaces or weakens the original S.E.T. stop. The effective stop = max(S.E.T. stop, trailing stop).
Configure your trailing stop
Default 2 β Academy standard for swing trades.
Trail activates at this profit level. 1.0R = breakeven + initial stop.
Manual is more flexible. SMA cross is for backtesting demos.
Set parameters and click Generate. Typical: 4β8 seconds.
Pine Script output will appear here.
ThinkScript output will appear here.