It should be a classical trailing stop (take profit)
I dont understand, does it do what I said?
You can not trail profit from buy increasing (or decreasing on the case of sell order) take profit value (otherwise the order would never be closed)
Instead a stop loss is placed relative to the order open price locking some profit and is moved if the price goes in a direction that allows increased temporarily profit. That is why it is called Trailing stop. Some call it trailing profit, hence I assume that you are talking about the same thing
I'm really enjoying this ea. I was wondering if someone could possibly add the function to activate the trailing stop after a certain amount of profit. Say one has hit 50 pips profit in a trade and and then a 10pip trailing stop activates once reaching 50 pips. Would much appreciate. https://c.mql5.com/forextsd/forum/129/swiss_army_ea_v2.01.mq4
First of all many thanks for this EA - it makes a hard life managing trades much easier.
I am using v2.01 - but when I tried to compile the mq4 I got numerous warnings (all like that below) but no errors.
return value of 'OrderSelect' should be checked swiss_army_ea_v2.01.mq4 438 7
Are these warnings anything to be concerned about ? I am using MT4 build 971 not sure if the compiler is objecting to something not previously of concern.
Here is the file I am using
PS - Is SA set for pips or points for the BE, TS and BES values ?