Super Trailing Stop ZST MT4
- Experts
- Version: 2.0
- Activations: 20
Super Trailing Stop — ZST | MetaTrader 4
Super Trailing Stop is a trade management Expert Advisor for MetaTrader 4. It does not open trades. It manages positions that are already open by automatically moving the Stop Loss as price moves in favor of the trade.
The product works on any symbol configured by the user, including XAUUSD and BTCUSD. It can manage positions opened manually or by any other Expert Advisor running on the same account.
All distance and profit parameters are configured in dollars, making it straightforward to adapt to any account size or trading style without complex calculations.
Suitable Trading Styles
This tool is particularly effective for scalpers and traders operating in high volatility conditions. When price moves fast, the trailing stop follows immediately, locking in profit tick by tick. The configurable step prevents unnecessary Stop Loss adjustments during minor price fluctuations, which is critical during news events and volatile sessions.
How It Works
When a position reaches the minimum profit defined in dollars, the EA moves the Stop Loss to the entry price, eliminating the risk of loss on that trade. From that point, the Stop Loss continues to follow the price at the configured dollar distance, locking in profit progressively until the position is closed by the trailing stop or manually by the trader.
Breakeven
Once the floating profit in dollars reaches the Minimum Profit USD parameter, the Stop Loss is moved to the open price plus a small margin to cover the spread. The trade is protected from turning into a loss.
Trailing Stop
After breakeven is set, the Stop Loss follows the price at the distance defined in the Trailing Distance parameter. The Stop Loss only moves forward, never backward. It advances in steps defined by the Trailing Step parameter to avoid unnecessary modifications during consolidation or minor retracements.
Dollar-Based Configuration
All key parameters are expressed in dollars rather than pips or points. This means the EA adapts automatically to any symbol, any account currency, and any lot size without requiring manual conversion. Set your breakeven trigger in dollars, your trailing distance in dollars, and your profit target in dollars.
Aggressive Scalping Mode
When this mode is enabled, the trailing distance is reduced to 1.0 and the step to 0.3. This configuration is designed for fast trades on low timeframes where capturing small moves quickly is the priority. This mode is disabled by default.
Profit Target
An optional daily profit target in dollars can be configured. When the account equity reaches the defined amount above the starting balance, the EA deactivates automatically to protect the day results. This feature is disabled by default.
Visual Panel
The product displays a dark mode panel on the chart showing the following information in real time.
- EA status: Active or Inactive
- Current symbol
- Operation mode
- Account balance
- Account equity with floating profit or loss
- Profit target status
- Trailing distance and step
The panel position can be adjusted using the X and Y input parameters.
Input Parameters
- Allowed Symbols: list of symbols where the EA is active, separated by comma. Default is XAUUSD,BTCUSD. To add more symbols type them manually, for example XAUUSD,BTCUSD,EURUSD
- Minimum Profit USD for BE: minimum floating profit in dollars to activate breakeven. Default is 1.0
- Trailing Distance: dollar distance maintained between current price and Stop Loss. Default is 2.0
- Minimum Step to Move SL: minimum price movement in dollars before the Stop Loss updates. Default is 0.5
- Profit Target in USD: daily profit goal in dollars. Default is 100.0
- Disable EA on Target Reached: when enabled, EA stops once the profit target is reached. Default is Off
- Aggressive Scalping Mode: activates shorter trailing distances for fast trades. Default is Off
- Panel X Position: horizontal position of the panel on the chart. Default is 20
- Panel Y Position: vertical position of the panel on the chart. Default is 300
Usage Notes
Attach the EA to one chart per symbol you want to manage. To manage multiple symbols at the same time, open one chart for each symbol and attach the EA to each one. The EA manages all open positions on the symbol where it is attached.
Requirements
- MetaTrader 4 Build 600 or higher
- Auto Trading enabled in the terminal
Version History
Version 2.00 — Current
- Dollar-based configuration for all key parameters
- Dark mode visual panel with real-time balance and equity
- Profit target with automatic deactivation
- Aggressive scalping mode for high volatility and fast trades
- Allowed symbols configurable by the user
Support is provided through the MQL5 comments section and private messages. Responses within 24 hours.
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