Leading Limit / Trailing Stop Advice Needed

[Danilalifs]

Please add your opinion about a "leading limit" as a strategy.

Trailing stops react to market movement. What if limits also react to market movement?

Is it reasonable to increase a limit if the market is trending in its direction and conversely, decrease the limit if the market is trending against its direction?

Does anyone use "leading limits"?

[DarmokDalk]

Still looking for advice. Thanks.

[darrylgt1]

Advice rom me is suspect. http://static2.trade2win.com/boards/images/smilies/icon_smile.gif However, an idea, perhaps.

How about trying a channel trend, taking a profit over the top and buying in, again, on the bottom line? It depends, of course on the whether it is worth the trouble, if it is for a few points and you might get a lower high, signalling a down move. Frankly, I've tried this, without too much success, unless one is in at the start of a new trend. With an old trend it is better to take profit on a leading limit, feel fortunate and wait and see what happens next

[Dbigg]

For example, if a long trade has a timed exit (say it exits after 20 minutes), rather than exit at market in 20 minutes, the program could have a limit, 20 minutes after entry that exits on the next highest high.

Sometime the changing limits results in a loss, but more often than not, the changing limits results in additional profit.

Does this mean the changing limit is a good system? Or, does this mean the 20 minute exit was not the best exit?

[DaveLandry]

Traded live for 3 weeks and going well. Although, there are "no fills" quite often for both entry and exit. Any suggestions?