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Trailing stop that starts behind virtual TP

MQL4 Experts

Job finished

Execution time 11 hours

Specification

Hello, I have another simple trailing stop modification for you. All I want is for The EA to automatically set a trailing stoploss when the virtual TP is reached based in th RR parameter. The EA should not create a takeprofit because all trades will be close by a trailing stop. IF RR parameter is 0.2, on USD/JPY and mother bar is from 110.100 to 110.000, and we have a buy stop, RR would trigger the trailing stoploss when USD/JPY has reached 110.120. The stoploss will be in pips so the new parameter should be TrailingStopPips. If Parameter is set to 1, stoploss should trail 1 pip behind RR, so on USD/JPY, the trailing stop would be at 110.110 when price hits RR target of 110.20. Thanks. Once again, the EA should no longer create TP. It should only use the RR parameter to set the target price for when the trailing stop should be activated. Please include a simple display that shows the RR targets for each order. Thanks. 

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Project information

Budget
20 USD
For the developer
18 - 18 USD
Deadline
from 1 to 3 day(s)