Forex ea trailing stop with partial close

Forex ea trailing stop with partial close

11/12/ · I want to introduce the new trailing EA with a partial close function. The EA can be configured to close a part of manually opened position after certain pips of profit. Also a breakeven function and eight trailing methods included. For example you enter with lot and want to close at +10 pips, at +25 pips and remaining lots at +50 pips of profit. Unlimited number of close levels can be configured 05/07/ · Forex ea trailing stop with partial close. 1/15/ · i use separate multiple stop orders to achieve partial s/l then close them using close by option (to recover spread). ex. buying 1 lot @ pending stop sell orders @ lot @ lot @ lot @ Ignored. Tried today to understand the modo 18/08/ · I'm lokking for an EA that will close 60% of my trade the trail the last 40% with a trailing stop lost. If you know where I can get this please e-mail me on pfourie@blogger.com

8 Amazing Trailing Stop EA (Expert Advisors) Mt4

Trailing stop loss is an important part of forex risk trading management as well as trade management. Sometimes the default trailing stop feature of the MT4 trading platform does not really satisfy a forex trader the way he wants to apply trailing stop to his trades. Nice recommendations but i couldnt find the trailing ea in my mind. I will explain it with an example. Lets say I have opened a short on AUDUSD from 0. but locking in 60 pips profit at least, forex ea trailing stop with partial close.

If you know is there an EA like that or manually i can do this on MT4? I wonder what would happen if I set my SL to 0. Thanks for your help.

It really depends upon you how many pips away you want to trail stop your profitable trade. You place it too close and you get stopped out easily.

Quite a handy page, really. This is the expert that I use because I have another professional activity. Their website also offers a tool for more active traders day tradersforex ea trailing stop with partial close, which enables a trailing stop as well, it is a script so can be combined with an expert. The main function of that script is the calculation of the ideal position size and soft pending orders, but the other application of the script is a trailing stop strategy which is modifiable at all times.

or can i use them without any problem in real accounts. works perfectly in demo accounts. mq4 expert advisor How This MT4 Trailing Stop EA Works works on one chart at a time therefore if you have trades open in different charts, you need to upload to each chart creates automatic trailing stop for all trades that are open or will be opened in the future.

TrailingStop-this tells you the size of the trailing stop in pips TrailingStep-this is hte step of the trailing stop UseSound-option to use sounds or not. ex4-Expert Advisor How This Trailing Stop EA Works if you want to apply breakevens, trailing stops, setting and removing take profits and stop losses and variety of conditions for closing trades, this expert advisor is suitable for that.

this forex ea trailing stop with partial close advisor will print to the screen what it allowed to do which helps you figure out what it does. you also need to spend a bit more time to to really learn how to use it. mq4 Expert Advisor How This Trailing Stop Expert Advisor Works this expert advisor sets really tight stop loss order and trailing stops.

Example, if you want the trailing stop to activate when the trade is in 15 pips of profit then set TrailingAct to mq4-expert advisor How This mt4 Trailing Stop Expert Advisor Works this trailing stop ea modifies trailing stop loss on all open trades that are in profit on teh current account and the charts where it is attached to.

it also closes all trades and can also take specified profits when the entire trading account is in profit. mq4 Expert Advisor How This mt4 Trailing Stop Expert Advisor Works how this trailing stop ea works is by using a trailing stop based on exponential moving average. If set to zero 0it will do it on ever ema bar tick. Magic number 0 are usually for manual trades which means if you decide to put 0, this ea will monitor and trail manual trades along with chosen magic numbers.

mq4 Expert Advisor How This Trailing Stop Forex Expert Advisor Works if you want a trailing stop forex expert advisor that closes partial positions when each target is reached then this is the one. there are 6 different types of trailing forex ea trailing stop with partial close you can apply here.

mq4 Expert Advisor How This Trailing Stop EA MT4 Works this trailing stop is a bit different because it is based on a concept called proportional trailing stop. This is the loss size in pips you want your trade to forex ea trailing stop with partial close terminated as soon as it will reach the next high. This is the take profit level in pips.

If you set this to a negative number then it will be a trading loss that you have determined and are willing to risk.

Prev Article Next Article. I want to trail my profit. let s say 60 pips is guaranteed but i want to trail. Adam C, forex ea trailing stop with partial close. Thanks for the heads up, Adam. Cheers RKay.

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MT4 Partial Close and Trailing Stop EA – Forex Exit Strategies | Forex Wiki Trading

19/04/ · Forex ea trailing stop with partial close. Dec 11, · The EA can be configured to close a part of manually opened position after certain pips of profit. Also a breakeven function and eight trailing methods included. For example you enter with lot and want to close at +10 pips, at 18/08/ · I'm lokking for an EA that will close 60% of my trade the trail the last 40% with a trailing stop lost. If you know where I can get this please e-mail me on pfourie@blogger.com 15/01/ · i use separate multiple stop orders to achieve partial s/l then close them using close by option (to recover spread). ex. buying 1 lot @ pending stop sell orders @ lot @ lot @ lot @ Ignored. Tried today to understand the modo. This is hedge, so doesn't apply to the OP idea