TrailingTradePro

TrailingTrader MT5 – Trailing Stop-Loss and Take-Profit Script 

Upon activation of the TrailingTrader script, open positions of specified trading instruments in the quote window will automatically implement an intelligent trailing stop strategy. This helps traders lock in profits and manage risks without the need for manual monitoring and adjustments.

Core Configuration Parameters

  • Symbol: Specify the trading instruments for which trailing stops should be applied. Use English commas (,) to separate multiple instruments (e.g., EURUSD,GBPUSD).
  • Magic: The identifier code (Magic Number) that matches the open positions you wish to apply the trailing stop to. Enter  -1  if no filtering by Magic Number is required.
  • Comm: The comment that needs to match the open positions. Leave this field blank if no filtering by comments is needed.
  • TrailingDistance: The point threshold at which the trailing stop is activated (i.e., once the position's profit reaches this number of points, the script automatically activates the trailing stop).
  • TrailingCallBack: The callback points for the trailing stop (once activated, if the market price retraces to this number of points, a profitable close will be triggered).

Working Principle

Once an open position is in profit and its profit reaches the set value of TrailingDistance, the script automatically activates the trailing stop. It sets the stop-loss line at “current market price - callback points”.

  • If the market price continues to move favorably, the stop-loss line will adjust accordingly, locking in additional profits.
  • When the market price reverses and touches the stop-loss line, the script executes a close operation, ensuring that earned profits are secured.
  • For multiple open positions of the same instrument, the trailing stop operates independently. Once all orders exceed the set profit range, their stop-loss lines will be adjusted simultaneously, providing unified risk control across the entire portfolio.

Key Features

  • Manual Trading Compatibility: Ideal for traders who prefer manual order placement but cannot monitor the market continuously. Once the trailing stop is triggered, it ensures that orders exit at a profit, avoiding profit erosion.
  • EA Trading Integration: Compatible with Expert Advisors (EAs). By using Magic Numbers or Comments, the script can precisely match orders generated by EAs, offering intervention-based trailing stop management and enhancing EA trading risk controls.
  • Multi-Condition Filtering: Supports filtering based on instrument, Magic Number, and comments, allowing trailing stops to be applied only to targeted orders. This flexibility accommodates various trading needs.

Activation Requirements

  • Ensure that the computer running MT5 is operational 24/7 with a stable internet connection to prevent interruptions in script execution.
  • It is recommended to synchronize the script with an official MT5 Virtual Private Server (VPS) post-activation. This ensures round-the-clock account monitoring and uninterrupted execution of the trailing stop strategy, unaffected by local device shutdowns or network outages.

By integrating these features, TrailingTrader MT5 provides a robust solution for securing profits and managing risks efficiently, catering to both manual traders and those utilizing automated strategies.


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Kalinskie Gilliam
5 (7)
Anchor: The EA Manager Your EAs manage their own trades. Anchor manages the account around them. Anchor gives you one place to control your EAs, manage risk and decide when trading is allowed. Any EA, any vendor, any broker or symbol. No source-code changes required. The Problem Most EAs only know what they are doing. They cannot see when another EA is already trading, when several EAs open and are stacking risk or when the account has reached your loss limit. Even using just one EA, it may not
Scarica la demo funzionante Copy Cat More (Gatto Copione) — Copiatore di Trade (Trade Copier) MT5 è un copiatore locale di trade e un framework completo di gestione del rischio e di esecuzione, progettato per le sfide di trading di oggi. Dalle challenge delle prop firm alla gestione di portafogli personali, si adatta a ogni situazione con una combinazione di esecuzione robusta, protezione del capitale, configurazione flessibile e gestione avanzata dei trade. Il copiatore funziona in entrambe l
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Vladislav Andruschenko
5 (1)
VirtualTradePad PRO SE MT5 — centro di controllo professionale per il trading su MetaTrader 5 VirtualTradePad PRO SE è un pannello di trading premium basato sul grafico e un ambiente di gestione delle operazioni per MetaTrader 5 . È progettato per i trader che desiderano esecuzione più rapida, controllo più chiaro delle posizioni, gestione strutturata delle operazioni, pianificazione visiva dei livelli e un workflow professionale direttamente dal grafico. Non è soltanto un semplice pannello BUY
YuClusters
Yury Kulikov
4.93 (43)
Attention: You can view the program operation in the free version  YuClusters DEMO .  YuClusters is a professional market analysis system. The trader has unique opportunities to analyze the flow of orders, trade volumes, price movements using various charts, profiles, indicators, and graphical objects. YuClusters operates on data based on Time&Sales or ticks information, depending on what is available in the quotes of a financial instrument. YuClusters allows you to build graphs by combining da
Altri dall’autore
In multi-asset, multi-position trading environments—such as those involving forex, stocks, gold, and other instruments—traders often face a critical pain point: when holding multiple positions in the same instrument, it’s difficult to quickly and intuitively assess the current market price relative to all long and short positions. This makes it challenging to accurately determine the overall average entry cost, leading to delayed stop-loss and take-profit decisions. The problem worsens with mixe
FREE
In multi-asset, multi-position trading environments—such as those involving forex, stocks, gold, and other instruments—traders often face a critical pain point: when holding multiple positions in the same instrument, it’s difficult to quickly and intuitively assess the current market price relative to all long and short positions. This makes it challenging to accurately determine the overall average entry cost, leading to delayed stop-loss and take-profit decisions. The problem worsens with mixe
FREE
Core Positioning Advanced analytical tool designed specifically for MT4, providing in-depth analysis of trading history, uncovering data insights, optimizing strategies, and enhancing profitability. Core Usage Strategy Performance Evaluation: Analyzes profitability, stability, and risk to provide an objective rating from A+ to D. Trading Pattern Discovery: Identifies high-quality assets, time periods, and profit-making habits suited to different market conditions. Risk Management Optimization: C
FREE
Core Positioning Advanced analytical tool designed specifically for MT5, providing in-depth analysis of trading history, uncovering data insights, optimizing strategies, and enhancing profitability. Core Usage Strategy Performance Evaluation: Analyzes profitability, stability, and risk to provide an objective rating from A+ to D. Trading Pattern Discovery: Identifies high-quality assets, time periods, and profit-making habits suited to different market conditions. Risk Management Optimization: C
FREE
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