Equity Trailing Stop

📌 Equity Trailing Stop

The Equity Trailing Stop Manager EA is a powerful risk-management tool for MetaTrader.

Instead of trailing the stop loss of individual trades, this EA trails your entire account equity.

When your account equity increases, the EA records the highest equity reached.
If equity later drops by the trailing amount you set, the EA closes all open trades automatically to protect your profits.

The EA does not open trades.
It simply manages existing positions.

This makes it ideal for traders using manual trading or other Expert Advisors.

✅ Key Features

• Trailing stop based on account equity
• Locks profits automatically when equity falls from the peak
• Works with manual trades and other EAs
• Optional filtering for trades opened by other EAs
• Works on any broker, symbol, or timeframe
• Lightweight and easy to use

⚙️ How It Works

1️⃣ The EA monitors the highest equity reached.
2️⃣ When equity rises, the trailing level moves up.
3️⃣ If equity falls by the specified trailing distance, the EA closes all trades.

Example:

Account Balance = $1000
Trailing start defined level = 100$ floating equity profit
Trailing defined amount = 40 $

Then if:
Equity rises to $1100, all trades will be closed If equity falls to $1060.

⚙️ Input Parameters

Start trailing profit ($)
Minimum profit required before trailing begins.

Trailing Distance ($)
Maximum allowed drop from the highest equity before closing trades.

Include Other EAs (true/false)
Choose whether trades opened by other EAs are included.

Send Notifications (true/false)
Receive alerts when trades are closed.