Basic Trailing Stop - Asesor Experto para MetaTrader 4

Real author:

Inovance - https://www.inovancetech.com/

Add a trailing stop to your entry signals. Simply put in your entry conditions so that the LongRule() function returns "1" when long conditions are met and the ShortRule() function returns "-1" when the short conditions are met. You can set the trailing stop distance, in pips, as an external input.

Trailing stop will adjust at each tick.

Recommendations:

• Will work on 4 and 5 digit brokers.
• Always test on demo account first.
• Does not include exit logic besides Trailing Stop.
• Example strategy shown in template.