Download MetaTrader 5

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

2008.05.18 09:34

TRAYLER+ - expert for MetaTrader 4

| English Русский 中文 Español Deutsch 日本語 Português

votes: 3
TRAYLERv.mq4 (13.5 KB)view

Trailer+, as you can see from its name, was aimed at trailing of positions. Trailing is organized on fractals: If the EA doesn't find a fractal within the distance of 7 bars, for placing StopLoss, it trails the third candlestick's shadow. The TP option allows the EA to correct TP. Option DelAllOrders allows to delete all non-triggered stops available in the terminal at the moment. Option DelSelfOrders deletes a non-triggered stop order of the window where the EA is attached. The EA is developed for half-automated trading with maximum two stop orders. Once having launched the EA, place BuyStop and SellStop anywhere you like, without SL or TP. After that, two lines will appear on the orders prices. You can move orders by moving these lines. I also fixed some bugs. There is a wish to introduce order deleting by time. I will upload its new version as soon as it is ready.

Translated from Russian by MetaQuotes Software Corp.
Original code:

Accelerator Oscillator (AC) Accelerator Oscillator (AC)

The Acceleration/Deceleration Indicator (AC) measures acceleration and deceleration of the current driving force.

Average Directional Movement Index (ADX) Average Directional Movement Index (ADX)

The Average Directional Movement Index Indicator (ADX) helps to determine if there is a price trend.

TP-SL_Removing TP-SL_Removing

Immediately deletes the SL/TP of all positions.

Closed_TOTAL Closed_TOTAL

Total closure of all positions (winners/losers). You can also select which are of a single instrument.