how This mt4 Trailing Stop Expert Advisor Works how thsi trailing stop ea works is by using a trailing stop based on exponential moving average. Download Link ematrailingStop_v1.4 How This Trailing Stop Forex Expert Advisor Works if you want a trailing stop forex expert advisor that closes partial positions when each target is reached then this is the one. If you set TrailAllSymbols to true, it will trail all the currency pairs, not just the pair it is attached to on the chart. Download Link, how This mt4 Trailing Stop Expert Advisor Works this trailing stop ea modifies trailing stop loss on all open trades that are in profit on teh current account and the charts where it is attached. When you set the ration, the expert advisor will move the stop loss to x of the distance between the current market price and the price where the order was activated/executed. TrailingStep is the amount in pips you want to trailing stop to trail. NTrailingStop35 means that 35 pips for initial trailing stop until the trade nPropSLThreshold12 means that 12 pips after reaching this the profit proportional bitcoin fee calculator online trailing stop will be activated. Parameters Explained: logging1 means that if you want logs in the expertfiles directory, 0 if you do not want that. In the figure above, note that Breakeven30 simple means that this expert advisor will move your stop loss to breakeven once 30 pips profit has been achieved. Download Link Dont forget to share, tweet or like this if youve enjoyed this. Emashift simple means the bar of the EMA that is used as a trailing stop.
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TrailingStep-this is hte step of the trailing stop. Parameters: AllPositions-trailing stop is used for all positions. If you set this to a negative number then it will be a trading loss that you have determined and are willing to risk. Thats where trailing stop expert advisors come in handy. Thanks Prev Article Next Article).