Need help: Reliable Trailing Stop EA for MT5

[Ž Ï Ñ Ø]

• Hello everyone, I am struggling with trading losses and I really need a reliable Trailing Stop Expert Advisor for MetaTrader 5 to help protect my profits and minimize my risks. Could anyone provide a simple, effective Trailing Stop bot or help me optimize one? Your support would be greatly appreciated.

[Eleni Anna Branou]

Such recommendations are not allowed in this forum, you should make your own search in the Market and Codebase or post your requirements as a job in the Freelance section.

[Boris Korvatskii]

Ž Ï Ñ Ø:

• Hello everyone, I am struggling with trading losses and I really need a reliable Trailing Stop Expert Advisor for MetaTrader 5 to help protect my profits and minimize my risks. Could anyone provide a simple, effective Trailing Stop bot or help me optimize one? Your support would be greatly appreciated.

Hello!

One thing I know for sure: reliable means it keeps working over time. A large sample of trades with stable long-term results is probably the closest thing to real evidence.

If you happen to find something like that, please let me know 🙂

[Ryan L Johnson]

Ž Ï Ñ Ø:

• Hello everyone, I am struggling with trading losses and I really need a reliable Trailing Stop Expert Advisor for MetaTrader 5 to help protect my profits and minimize my risks. Could anyone provide a simple, effective Trailing Stop bot or help me optimize one? Your support would be greatly appreciated.

Forum on trading, automated trading systems and testing trading strategies

Coding Trailing Stop Loss in MQL5

zemo, 2018.06.26 16:59

look the original source and to understand how use it..

I put the peaces of code that you have use too..

original code:

https://www.mql5.com/pt/code/viewcode/19546/178536/ema_6.12.mq5

peace of code for trailing stop with step.





//---

#include <Trade\PositionInfo.mqh>

#include <Trade\Trade.mqh>

#include <Trade\SymbolInfo.mqh>  

CPositionInfo  m_position;                   // trade position object

CTrade         m_trade;                      // trading object

CSymbolInfo    m_symbol;                     // symbol info object

//--- input parameters

input ushort   InpTrailingStop   = 50;       // Trailing Stop (in pips)

input ushort   InpTrailingStep   = 5;        // Trailing Step (in pips)





double         ExtTrailingStop=0.0;

double         ExtTrailingStep=0.0;







-----in the OnInit----

(....)



   int digits_adjust=1;

   if(m_symbol.Digits()==3 || m_symbol.Digits()==5)

      digits_adjust=10;

   m_adjusted_point=m_symbol.Point()*digits_adjust;



   ExtTakeProfit=InpTakeProfit*m_adjusted_point;

   ExtTrailingStop=InpTrailingStop*m_adjusted_point;

   ExtTrailingStep=InpTrailingStep*m_adjusted_point;

(....)





-----in the OnTick----



(....)

    Trailing();

(....)







-----------

//+------------------------------------------------------------------+

//| Trailing                                                         |

//+------------------------------------------------------------------+

void Trailing()

  {

   if(ExtTrailingStop==0)

      return;

   for(int i=PositionsTotal()-1;i>=0;i--) // returns the number of open positions

      if(m_position.SelectByIndex(i))

         if(m_position.Symbol()==m_symbol.Name() && m_position.Magic()==m_magic)

           {

            if(m_position.PositionType()==POSITION_TYPE_BUY)

              {

               if(m_position.PriceCurrent()-m_position.PriceOpen()>ExtTrailingStop+ExtTrailingStep)

                  if(m_position.StopLoss()<m_position.PriceCurrent()-(ExtTrailingStop+ExtTrailingStep))

                    {

                     if(!m_trade.PositionModify(m_position.Ticket(),

                        m_symbol.NormalizePrice(m_position.PriceCurrent()-ExtTrailingStop),

                        m_position.TakeProfit()))

                        Print("Modify ",m_position.Ticket(),

                              " Position -> false. Result Retcode: ",m_trade.ResultRetcode(),

                              ", description of result: ",m_trade.ResultRetcodeDescription());

                     continue;

                    }

              }

            else

              {

               if(m_position.PriceOpen()-m_position.PriceCurrent()>ExtTrailingStop+ExtTrailingStep)

                  if((m_position.StopLoss()>(m_position.PriceCurrent()+(ExtTrailingStop+ExtTrailingStep))) || 

                     (m_position.StopLoss()==0))

                    {

                     if(!m_trade.PositionModify(m_position.Ticket(),

                        m_symbol.NormalizePrice(m_position.PriceCurrent()+ExtTrailingStop),

                        m_position.TakeProfit()))

                        Print("Modify ",m_position.Ticket(),

                              " Position -> false. Result Retcode: ",m_trade.ResultRetcode(),

                              ", description of result: ",m_trade.ResultRetcodeDescription());

                    }

              }



           }

  }