There are EAs that have this feature included.
I attached a version of Makegrid193 with an equity trailing stop. Maybe the sourcecode is helpful.
Files:
makegrid193_eq_trail.mq4
32 kb
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Does anyone know if there is a such thing as a TRAILING EQUITY STOP FEATURE?
For example if you are using an ea and the starting equity in your account is 10,000
You might want a (TRAILING EQUITY STOP OF 10%) therfore if you trade your account equity up to 11,000 then 10% of your equity would be 1,100.
Therfore if the Trailing equity stop would be 9,900
Please let me know if such a feature exists. If not perhaps we could work together to make this feature.