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Trailing Stop Moving Average


This Expert Advisor does not take positions, This EA is made just for: "Trailing Stop Loss".

 

Description

The expert moves the SL by Moving Average value or by last candle's high or low(candle trailing).

 

Indicator Parameters

  • Trailing Method (trailing by moving average value or candle trailing).
  • MA Period (period of moving average).
  • MA Method (simple, exponential, smoothed, linear weighted).
  • Apply to (when you select "Trailing With MA" method, calculation and moving average based on close, open, high, low, etc.)
  • Stop Place (put SL in current candle or last close candle).
  • Timeframes (Choose timeframes).
  • Is the spread considered? (Set SL with considering to Spread or not, the choice is with you)

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