POSSIBLE---???---Partial Close Trailing Stop ?
Hello,
Yes it is, but not with a straightforward stoploss. You must write the code yourself: you need an expert advisor that saves your stoploss level and closes half position when it has been breached.
Cheers.
For some time now I have been unable to find an mt4 script which would close a nominated percentage of an open order when price hit a trailing stop. In my scenario it is a partial close trailing stop, which once triggered resets a stop loss, the user can select the portion of the remaining trade to close from 1-100%. To put another way; a partial order close and a reset of the partial (full) trialing stop loss is triggered by price retracement,
I am wondering if it is possible, given my inability to track one down, or perhaps only in an ea, hoping someone can tell me.
Thanks All
Fiona