TrailGuard
- Experts
-
Torbjoern Brenden
QUANTITATIVE DEVELOPER & MQL5 SOFTWARE ENGINEER
M.Sc. Information Systems | Institutional Quality Algorithmic Trading - Version: 1.9
- Updated: 8 October 2025
- Activations: 5
TrailGuard — Intraday EMA Cross + Smart Trailing & EOD Flat
What it does
Goes Long on EMA bullish cross, Short on bearish cross (closed bars).
Trailing engine increases target and moves SL stepwise after price passes a start threshold (choose % or points).
Intraday profile: trading window + EOD close (no overnight).
No external indicators (EMAs computed internally) → fast, robust backtests.
Why it works
Simple, data-driven edge (EMA 20/50±) on M5–M15 produces frequent, clean signals.
Stepwise trailing locks profits during micro-swings.
EOD flat reduces swap/gap risk and costs.
Risk Management & Trade Protection
Position size as % of equity (auto min/max/step compliant).
Spread filter and slippage control.
Daily DD stop (flatten after X% drop from the day’s equity).
Max loss streak – pause until the next day.
Once-per-bar (bar-close logic) for clean execution.
Built-in Filters
Trading window (supports overnight windows).
Weekend filter (optional).
Close outside window (optional) + EOD close.
Parameters (main groups)
EMA: FastLen, SlowLen
Trailing (choose one):
Percent: Initial TP/SL %, Initiate %, Trail TP%, Trail SL%
Points: Initial TP/SL points, Initiate points, Trail TP/SL points
Risk: RiskPercentEquity, MaxSpreadPoints, SlippagePoints
Timing: UseTradingWindow, Start/End, SkipWeekends, AutoFlatOutsideWindow
Daily Close: EODCloseEnable, EODCloseHour/Minute
Runtime: TradeOncePerBar, DrawLevels
Suggested Starter Presets
EURUSD M5 (points): Fast/Slow 21/55, TP 150, SL 110, InitTrail 80, Trail TP/SL 40/30, Risk 1.2%, Window 08:00–22:00, EOD 22:59.
XAUUSD M5 (%): Fast/Slow 20/50, TP 0.22%, SL 0.18%, InitTrail 0.12%, Trail 0.09/0.08%, Risk 1.0%, Window 07:00–21:00, EOD 20:59.
NAS100 M5 (%): Fast/Slow 13/48, TP 0.30%, SL 0.22%, InitTrail 0.15%, Trail 0.12/0.10%, Risk 1.0%, US window 13:30–21:45, EOD 21:50.
Backtest & Optimization
Model: Every tick or 1-minute OHLC (EA works on bar close).
Per symbol/timeframe: optimize Fast/Slow, InitTrail, TP/SL, Risk%.
Targets: PF ≥ 1.5, DD ≤ 10%, ≥ 3 trades/week.
Validate with walk-forward (70/30).
Disclaimer
Trading involves risk. Test on a demo account before going live. Results depend on symbol, spread, data, and execution.
Keywords
EMA, crossover, trailing stop, intraday, day flat, risk management, spread filter, percent trailing, points trailing, MT5 EA.
