Watch how to download trading robots for free

Interesting script?
So post a link to it -
let others appraise it

You liked the script? Try it in the MetaTrader 5 terminal


Basic expert adviser with trailing stop - expert for MetaTrader 4

Kenneth Parling | English Español Português 日本語 Deutsch

votes: 4
2019.10.07 05:47

Fully functional expert adviser with trailing stop. Should not be used for trading as there are no entry/exit rules or any thing else!

You can choose to either to use a buy or a sell to demonstrate trailing stop function. This is a template for further development or whatever. Have fun ;)

adviser settings


on chart


    Basic Rsi Template EA Basic Rsi Template EA

    A ready made expert adviser template to use for further development or use 'as is'

    ZigZag Based on Close Prices ZigZag Based on Close Prices

    The code is based on indicator ZigZag which is in-built in MT4. I have changed it so that it isn't calculated on highest Highs and lowest Lows, but instead uses highest Close and lowest Close of chart price history. See attached chart for differences: ZigZag (red) versus ZigZagClose (yellow).

    VR Calculate Martingale Lite VR Calculate Martingale Lite

    Indicator calculate the average price

    MACD Sample MACD Sample

    Classical MACD Sample.