POSSIBLE---???---Partial Close Trailing Stop ?

 

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

 

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.

Reason: