Sample Data Folder for using these notebooks. google drive link here
I put this together to identify if there were programmatic rules we could put in place in order to exit losing positions with a minimum amount of pain, and even a potential profit. The file backtesting_with_vbt.ipynb is a long only version of such a strategy. As a simple test, I created an arbitrary entry every day at the first minute of the day. The strategy then had to either take a quick profit if avaialable or work it's way out of the hole by adding to the position. I added a decay function to it as well so you could start with a target take profit level, but as the trade wore on, the profit target would decay until finally reaching an acceptable loss.
These are not optimized at all
