Should I use 1 EA for placing a trade and another for trailing the stop?
There is no need to have the second EA. Program the EA to handle both. This does not decrease the performance of the EA in trading. Get it programmed properly and it will work properly.
Dave
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Would performance be better if I had 2 EAs, each attached to a different chart (diff view but same time, M1..etc) having one of them placing the trades (when triggered) and the other monitoring for placement of trailing stops?