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Black FX Trailing Stop EA (MT4)

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blackfxtrading
41
blackfxtrading  
Been working on a proprietary trailing stop Expert Advisor for MT4 trading platforms. It was designed to capture a continuation in price action, especially when pair(s) are trending rather than just settling for 1:1 profit targets.

The following features below make the Black Trailing Stop a great asset:

- Stop Loss Break Even + Spread (this way you make X pips PLUS the spread).
- Profit Targets can be set to a Percent of Risk (i.e. 45% of 100 pip Stop Loss)
- Profit Targets can be set to the Risk Amount (1:1, 2:1, 3:1, etc) ​
- Trade Multiple pairs with different settings.
- Trade the same pair in either direction at the same time.

Thought I would share.

Files:
Sergey Golubev
Moderator
98434
Sergey Golubev  

Thanks,

Our forum is for MT5/mql5 so it is better to place it to MT4/mql4 forum

Forum on trading, automated trading systems and testing trading strategies

Error 145 Trade Server Return Code

angevoyageur, 2014.03.01 14:27

This forum is about MT5/mql5, please post your question about MT4/mql4 on mql4.com forum.

  • They are more people who can answer there.
  • They are more people who can have similar problem there.
  • A forum is not only to get help but to share with the community, mql4/MT4 community isn't the same as mql5/MT5 community.

Lemnos
633
Lemnos  
blackfxtrading:
Been working on a proprietary trailing stop Expert Advisor for MT4 trading platforms. It was designed to capture a continuation in price action, especially when pair(s) are trending rather than just settling for 1:1 profit targets.

The following features below make the Black Trailing Stop a great asset:

- Stop Loss Break Even + Spread (this way you make X pips PLUS the spread).
- Profit Targets can be set to a Percent of Risk (i.e. 45% of 100 pip Stop Loss)
- Profit Targets can be set to the Risk Amount (1:1, 2:1, 3:1, etc) ​
- Trade Multiple pairs with different settings.
- Trade the same pair in either direction at the same time.

Thought I would share.

Does it automatically come on when a trade is placed?
blackfxtrading
41
blackfxtrading  

Yes. It automatically places a stop loss and profit target. 

blackfxtrading
41
blackfxtrading  

Here is the updated version of the Black Trailing Stop EA. 

If you have any questions please ask and or email me at blackfxtrading@gmail.com

Files:
Mohamed Allam
395
Mohamed Allam  
Should i Place it on multiple charts, for multi currency operation or just 1 chart for all currency pairs... thanks
Daniel Soria
191
Daniel Soria  
Black 3.1.1 is not longer working on new versions of mt4???
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