take profit trailing
This sounds like an interesting idea.
Basically you need an EA in which you can set the imaginary TP after which trailing stop is activated + it would be nice if the trailing stop parameters were editable
Basically you need an EA in which you can set the imaginary TP after which trailing stop is activated + it would be nice if the trailing stop parameters were editable
What you described here is the similar to breakeven.
You can check the search for the tools from the CodeBase (search results is
on this link).
- About breakeven - read this part of the article;
- about trailing stop - read this one.
Search - MQL5.community
- www.mql5.com
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Is there an EA that opens a trailing stop when the trade hits TP?
Meaning, I have an open order, and it goes positive (no trailing stop here), then it hits either 1 pip before TP or the TP and instead of closing the positive trade it becomes a trailing stop and keeps going.
Does anyone know of such an EA?
Thanks!