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Auto Trailing Stop By TP Percent with Profit Lock

Automatic Trailing Stop Based on Take Profit Percentage with Profit Lock EA MT4

 

Lock in your profits and "let your winners run" past your 100% take profit target with this EA. 

This Expert Advisor automatically adjusts your Stop Loss based on up to 4 user-defined Take Profit Target Percentages, locking in your profit.  If price pushes past your 100% take profit target, the EA will automatically trail the price by user-defined pips, so you won't miss that runaway train again.  

EA Features

  • The EA can be used on multiple, multi-direction trades on the same asset by attaching itself to specific trades based on order/ticket number.  (Just attach the EA to a new chart for each trade and input the correct order number).
  • Stop Loss automatically adjusts to previous take profit target
  • Stop Loss activates Trailing By Points feature to lock in extra profits on trades that go past your initial 100% take profit target

How this EA works (do this after executing a trade):

1. User defines an initial take profit target and initial stop loss in points (Note:  You must use POINTS, NOT PIPS here).

2. User defines 4 take profit percent targets.  

For example:

TP1 = 25% (of total initial take profit target)
TP2 = 50% (of total initial take profit target)
TP3 = 75% (of total initial take profit target)
TP4 = 100% (of total initial take profit target)

3.  User defines the Stop Loss percent steps.

For example:

When TP1 (25%) is hit, SL adjusted to 12.5% (of total initial take profit target).
When TP2 (50%) is hit, SL is adjusted to 25% (of total initial take profit target).
When TP3 (75%) is hit, SL is adjusted to 50% (of total initial take profit target).
When TP4 (100% is hit, SL is adjusted to 85% (of total initial take profit target)

*** When TP4 (100%) is hit, the "Trail By Points" feature is also activated, following the trade indefinitely by user-defined points.***


This EA will allow you to lock in your profits while also allowing you to capitalize on trades that push way past your original target!


EA Input Parameters

  • Ticket Number:  The specific order/ticket number of your trade.  
  • Take profit in Points : Set your initial take profit in points (very important to use points here, not pips)
  • Stop-Loss in Points : Set your initial stop loss in points (very important to use points here, not pips)
  • TP1 - TP4 Percents : Split up your initial Take Profit into percentages at which you want the EA to step up the Stop Loss (default is 25%, 50%, 75%, 100%)
  • SL1 - SL4 Percents : Set the percentages at which you want your Stop Loss to adjust when hitting corresponding Take Profit Targets

***For example, when TP1 25% is hit, EA moves SL to 12.5% (SL1);  when TP2 50% is hit, EA moves SL to 25% (SL2), and so on***


  • Trail By Points : When 100% take profit is hit, set how much EA should trail by.  If price continues in a favorable direction, the EA will continue to lock in profits.  (Important to use points here, not pips)
  • Color and Style Options : Adjust to your liking.
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Welcome. Recover Trader can RECOVER either MANUAL or AUTO trades from other EAs. The EA is used in these two signals inside another EA: Signal1 and Signal2 There are THREE OPTIONS FOR RECOVERY: 1. ⭕️ Automatic. The EA will start open trades ,AFTER a specific Drawdown,based on ADX and lower lows or higher highs and will search for partial closing of initial trades that have created a drawdown. 2. ⭕️ Manual Recovery. There is a trading PANEL from which you can OPEN TRADES AT the leve
85 USD
Easy Strategy Builder
Gheis Mohammadi
The Easy Strategy Builder (ESB)  is a " Do It Yourself " solution that allows you to create a wide range of the automated trading strategies without any line of codes. This is the world’s easiest method to automate your strategies that can be used in STP, ECN and FIFO brokers. No drag and drop is needed. Just by set conditions of your trading strategy and change settings on desired values and let it work in your account. Also, ESB help to back test and optimize your trading strategies in fastest
299 USD
Active Lines for MT4
Yury Kulikov
Active Lines - a powerful professional tool for operations with lines on charts. Active Lines provides a wide range of actions for events when the price crosses lines. For example: notify, open/modify/close a position, place/remove pending orders. With Active Lines you can assign several tasks to one line, for each of which you can set individual trigger conditions, as well as conditions for re-activations and the number of possible activations. Active Lines helps you easily organize various tra
65 USD
Easy Copy Local MT4
Mahmoudibarmas Mehdi
Easy Copy is an Easy-to-Use EA that support Multi Copying Metatrader4 and Metatrader5 and Local/Remote Copying. If you want to test EA, use Free Version on Demo Account. Specifications : Real Time, Multi Terminal - Multi Account - MT4/MT5 trade copying All settings are input visually. Easy modifying symbol names, prefix, suffix Enable/Disable copying special symbols Various type of money managements and volume customization Various settings for copying SL/TP with custom values supported Abil
56 USD
Trading box Technical analysis
Igor Zizek
Everything for Technical Analysis in one tool Quick tip: Draw your supply demand zone with rectangle and support resistance with trendline. 1. Extend rectangle and trendline into future -  Trend Support Resistance Object will be extended into future when price will draw new candlesticks on chart. This is rectangle extender or trendline extender 2. Price alert with mobile push notification phone alert    2.1. Alert will be triggered when price will touch extended rectangle or extended horizont
79 USD
Trading box Order Management
Igor Zizek
Order Management tool for order execution, lot size calculation, RR ratio, alerts and pattern detection Helps trader to be more efficient with placing orders and defining right targets for a trade. It also protects trader before unfavorable market conditions. It offers a lot of different price notification functions. With Trading box Order Management you can create Order box "virtual market order" from rectangle with click on a button. Order box will calculate lot size (position size calcu
139 USD
Telegram MT4 Signal Trader
Nguyen Van Anh
Telegram MT4 Signal Trader EA  help you trade signal text  (not image) receiving via Telegram Channels, groups, chats You don't need to be the owner of the channels. If you can read the signal texts in your Telegram account, you can trade them all The EA needs a free  awesome tool -  Telegram Reader Vx program  that help read the texts from Telegram channels through Telegram API. * MAIN FEATURES: CAN TRADE ALL UN-STRUCTURED SIGNAL TEXT: The EA is developed to adapt all kinds of signal struct
149 USD
CryptoCurrency MT4 history maker MTF
Farzin Sadeghi
This is a program in the form of an EA that attaches to a chart in MetaTrader 4. Then, by using API from Bittrex, Binance websites, it downloads the history of altcoins. By selecting a pair name, the EA automatically downloads all time frames history (Daily,H12,H4,H2,H1,M30,M15,M5,M3,M1) so there is no need to attach multiple EAs to different charts. You can select one pair from Bittrex and 4 pairs from Binance exchange with one running EA and create up to 15 timeframes for 5 different pairs. Th
129 USD
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