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Trailing stop width backtest on a multi-day trend trade: never trail vs 1, 2 and 3 x ATR on 15 years of S&P 500 and Nasdaq 100 futures daily bars. The test: the same breakout entries every time, only the exit changes. Enter when the daily close breaks the prior 55-day (and 20-day) high or low, initial stop 2 x ATR, out after 60 sessions at most. Exits compared: never trail, a chandelier trail at 1, 2 or 3 x ATR(20), and the classic channel exit. $16.50 a round turn, 2011-2025, rules fixed in adv
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