What I describe here is a decision based trading system that trades on inputs from several chart indicators. This strategy learns the “relative reliability” of any indicator input from experience.
In theory trailing stops provide a way for traders to limit losses and to lock in profits on individual trades. The basic idea of the trailing stop is that as a trade moves into profit, the stop level adjusts upwards in the case of a long (buy) trade or downwards in the case of a short trade.
When entering a trade, how do you choose the point of the stop loss and take profit? Clearly, this decision will have an impact on how profitable your trades are.
Forex arbitrage is a bit like picking pennies. The opportunities are very small. To be profitable an arbitrage strategy has to do it big or do it often.