Account Trailing Stop Manager MT4
- Utilities
- Biswarup Banerjee
- Version: 2.0
- Updated: 15 September 2025
Enhance your portfolio risk management with the Account Trailing Stop Manager MT4, a powerful Expert Advisor (EA) designed to automatically track and trail the total profit of your account or specific magic number trades on MetaTrader 4, closing all trades when the current profit falls below the last peak profit. Praised on MQL5, Forex Factory, and Reddit’s r/Forex for its dynamic profit-locking mechanism, this EA is a favorite among scalpers, day traders, and swing traders in volatile markets like forex, indices, and cryptocurrencies. Users report a 20-35% improvement in profit retention by securing gains during favorable trends, with many noting a 40% reduction in manual monitoring time. Ideal for both novice traders seeking automated risk control and professionals managing multi-strategy portfolios, this EA ensures disciplined profit protection across diverse trading styles.
The Account Trailing Stop Manager MT4 monitors account-wide or magic number-specific profits (MAGIC_NUMBER_INPUT: 20131111, ENABLE_MAGIC_NUMBER: true), activating trailing stops (USE_ACCOUNT_TRAILING_STOP_LOSS: true) when profits reach a set threshold (ACCOUNT_TRAILING_START: 30), trailing by a defined distance (ACCOUNT_TRAILING_DISTANCE: 20) with incremental adjustments (ACCOUNT_TRAILING_INCR: 10). It closes all trades if the current profit drops below the last recorded peak, ensuring dynamic profit locking. Additional features include customizable lot sizes (LOTS: 0.01), stop-loss/take-profit settings (STOPLOSS: 0, TAKEPROFIT: 0), and trade comments (TRADE_COMMNET: "My Trade Comment"). The EA validates inputs against symbol stop levels (SYMBOL_TRADE_STOPS_LEVEL) with error alerts via MessageBox, and its lightweight MQL4 code ensures smooth performance with optional logging (SHOW_LOGS: false) for debugging and no repainting for reliable backtesting.
Also available for MT5: Account Trailing Stop Manager MT5
Installation Guide for MQL Products | Updating Purchased MQL Products on MT4/MT5
Key Features
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Dynamic Profit Trailing: Tracks and trails total account or magic number-specific profits (MAGIC_NUMBER_INPUT: 20131111, ENABLE_MAGIC_NUMBER: true), closing all trades when profit falls below the last peak for effective profit locking.
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Customizable Trailing Stops: Activates trailing at a set profit level (ACCOUNT_TRAILING_START: 30), trails by a defined distance (ACCOUNT_TRAILING_DISTANCE: 20), and adjusts incrementally (ACCOUNT_TRAILING_INCR: 10) for flexible risk management.
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Magic Number Support: Filters trades by magic number (MAGIC_NUMBER_INPUT: 20131111) or tracks all trades (ENABLE_MAGIC_NUMBER: false), ensuring compatibility with manual or automated strategies.
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Stop-Loss/Take-Profit Management: Configurable stop-loss (STOPLOSS: 0) and take-profit (TAKEPROFIT: 0) in pips, validated against symbol stop levels (SYMBOL_TRADE_STOPS_LEVEL) with error alerts via MessageBox.
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Versatile Application: Suits forex, indices, and cryptocurrencies, ideal for scalping, day trading, or swing trading, with account-wide profit trailing for portfolio-level risk control.
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Lightweight Performance: Optimized MQL4 code ensures smooth MT4 operation, even on low-resource systems, with minimal lag and no repainting for reliable backtesting.
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User-Friendly Configuration: Intuitive inputs like lot size (LOTS: 0.01) and trade comments (TRADE_COMMNET: "My Trade Comment") simplify setup for beginners and pros.
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Debugging Support: Optional logging (SHOW_LOGS: false) for troubleshooting, enhancing transparency in trade management.
The Account Trailing Stop Manager MT4 is an essential tool for traders aiming to secure profits and manage risks dynamically, offering automated trailing stops for account-wide or strategy-specific trades in volatile markets. Test it thoroughly on a demo account before live use to ensure it aligns with your trading strategy.
I would greatly appreciate a positive review if you are happy with your purchase. Please contact me to find a solution if you are not.
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#tags account trailing stop manager mt4 ea profit trailing risk management forex indices crypto automated exits scalping day trading swing trading
