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Trailing stop implementation

MQL4 Indicators Experts Trading robot/indicator debugging Strategy modules

Specification


Task: Implement Trailing Stop Loss in the Expert Advisor

Objective:

  1. Add a trailing stop loss feature to the EA that will dynamically adjust the stop loss as the market moves in a profitable direction.
  2. The trailing stop should:
    • Start moving the stop loss only after a specified profit level is reached (trailing start).
    • Adjust the stop loss at predefined intervals (trailing step/width).
  3. Visually display the stop loss as a red horizontal line on the chart when the trailing stop is activated and continuously update it as the stop loss moves.

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Project information

Budget
50 - 100 USD
Deadline
from 1 to 3 day(s)