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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