Percentage Trailing Stop EA

This EA trails your stops based on percentage of current TP, for both manually and auto-opened trades. You can edit the percentage value in the inputs.

Trailing stop is a more flexible variation of a normal exit order. Trailing stop is the practice of moving the stop-loss level closer to the current price when the price moves in your favor. Trailing the stop-loss allows traders to limit their losses and safeguard their positive trades. It is a very popular practice. This EA will manage your order's stop-loss by moving it at fixed steps.  A trailing stop will allow a stop order to follow the last traded price based on a pre-set distance, and will automatically move to lock in the positive trades. It follows a simple rule and doesn't rely on any indicators.

This EA will work on all open orders/trades.

Search "Percentage Trailing Stop Expert" for the MT5 version of this same EA.

INPUT PARAMETERS

Magic Number: Leave it as it is.

tStopPercentProfit: Sets the value of percentage of current TP for positive trades before your trailing stop is activated.

tStepPips: Sets trailing step in pips.

N/B: Double-click on their values to edit.

You can download it from my website, it's cheaper($20) there - www.ashantipearls.com/l/trailingstop

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5 (11)
Utilitaires
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Utilitaires
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Andrey Kaunov
5 (4)
Utilitaires
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Siarhei Vashchylka
5 (2)
Utilitaires
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Alfiya Fazylova
4.56 (32)
Utilitaires
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Konstantin Kulikov
5 (1)
Utilitaires
Hello friends. I wrote this utility specifically for use in my profile with a large number of Expert Advisors and sets ("Joint_profiles_from_grid_sets" https://www.mql5.com/en/blogs/post/747929 ). Now, in order to limit losses on the account, there is no need to change the "Close_positions_at_percentage_of_loss" parameter on each chart. Just open one additional chart, attach this utility and set the desired percentage for closing all trades on the account. The utility has the following function
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Konstantinos Kalaitzidis
5 (2)
Utilitaires
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Liubov' Shkandrii
Utilitaires
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Carlos Oliveira
Utilitaires
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