Trailing

A WPR Based Trailing Stop Module – library MetaTrader 5

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Fig. 1. An example of the module
The trailing module is based on two stop levels: a short and a long one. The long stop level is similar to a fixed trailing stop. A short stop level is activated when the WPR indicator leaves the overbought/oversold areas. The width of the overbought/oversold areas is defined by the module settings. Module settings: Timeframe … Read more

Expert Advisor Template with Trailing Stop v2 – EA MetaTrader 4

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Expert Advisor Template with Trailing Stop v2 - expert for MetaTrader 4
This is a template for Expert Advisor coders to decrease their coding time. It contains Trailing Stop, autolots (true or false) and function scanning previous candles to find the lowest and the highest order price in the past. Ready to use buy, buystop, sell, sellstop scripts. There is a lot more innovations to make it … Read more

Trailing Stop Module Based on Delta ZigZag – library MetaTrader 5

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Examples of Delta ZigZag work
The module for tracking open positions based on “Delta ZigZag” indicator for MQL5 Wizard. The tracking module moves Stop Loss of the opened position to new horizontal levels calculated by the indicator. Fig. 1 Example of Delta ZigZag indicator work Trailing Stop Module Based on Delta ZigZag – library MetaTrader 5

Basic Trailing Stop – EA MetaTrader 4

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Basic Trailing Stop Inputs
Real author: Inovance – Add a trailing stop to your entry signals. Simply put in your entry conditions so that the LongRule() function returns “1” when long conditions are met and the ShortRule() function returns “-1” when the short conditions are met. You can set the trailing stop distance, in pips, as an external input. … Read more

Elementary trailing stop – EA MetaTrader 4

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Elementary trailing stop - expert for MetaTrader 4
Elementary trailing stop able to distinguish its “own” orders among others by comment and/or Magic number. It also distinguishes the financial instrument that needs to be trailed. Hopefully it will be useful for someone. The arguments passed to the function: symbol — the symbol of the instrument that needs to be trailed (if empty is … Read more