Trailing Function - script for MetaTrader 4

Trailing Function – script MetaTrader 4

by 
//+------------------------------------------------------------------+
//|                                                                  |
//+------------------------------------------------------------------+
void Trailing(double trailingStartPips, double _trailingPips, double initialStopLossInPips=0, bool useSymbol=false, bool useMagicNumber=false, int _magicNumber=0, bool initialStopLossWillBeDone=true) {
    for(int i=OrdersTotal()-1; i>=0; i--) {
        if(OrderSelect(i,SELECT_BY_POS)) {
            bool magic = (useMagicNumber) ? (OrderMagicNumber()==_magicNumber) : true;
            bool symbol = (useSymbol) ? (OrderSymbol()==Symbol()) : true;
            if(!magic || !symbol) continue;
            if(OrderType() == OP_BUY) {
                if(OrderStopLoss() >= NormalizeDouble(OrderOpenPrice() + initialStopLossInPips*_Point*10,_Digits) && OrderStopLoss() != 0) {//OrderStopLoss() != 0 is not necessary here cause in Buy NULL SL is Zero and 0 Will never be grater than Order Open Price + Jobhi hai
                    if(Bid - OrderStopLoss() > _trailingPips * Point() * 10) {
                        if(NormalizeDouble(OrderStopLoss(),_Digits) != NormalizeDouble(Bid - (_trailingPips * Point() * 10),_Digits)) {
                            ResetLastError();
                            if(!OrderModify(OrderTicket(), OrderOpenPrice(), Bid - _trailingPips * Point() * 10, OrderTakeProfit(), 0)) {
                                Print("ERROR:"," Order Modify Failed: ",_LastError,"  ||  Function Name: ",__FUNCTION__,"  ||  Line Number: ",__LINE__);
                            }
                        }
                    }
                } else if(initialStopLossWillBeDone && OrderStopLoss() < NormalizeDouble(OrderOpenPrice() + initialStopLossInPips*_Point*10,_Digits)){
                    if(Bid - OrderOpenPrice() >= trailingStartPips * Point() * 10) {
                        if(OrderStopLoss() != NormalizeDouble(OrderOpenPrice() + initialStopLossInPips*_Point*10,_Digits)) {
                            ResetLastError();
                            if(!OrderModify(OrderTicket(), OrderOpenPrice(), NormalizeDouble(OrderOpenPrice() + initialStopLossInPips*_Point*10,_Digits), OrderTakeProfit(), 0)) {
                                Print("ERROR:"," Order Modify Failed: ",_LastError,"  ||  Function Name: ",__FUNCTION__,"  ||  Line Number: ",__LINE__);
                            }
                        }
                    }
                }
            }
            if(OrderType() == OP_SELL) {
                if(OrderStopLoss() <= NormalizeDouble(OrderOpenPrice() - initialStopLossInPips*_Point*10,_Digits) && OrderStopLoss() != 0) {//OrderStopLoss() != 0 is necessary here cause in Sell NULL SL is Zero and 0 Will Always be Lower than Order Open Price - Jobhi hai
                    if(OrderStopLoss() - Bid > _trailingPips * Point() * 10) {
                        if(NormalizeDouble(OrderStopLoss(),_Digits) != NormalizeDouble((_trailingPips * Point() * 10) + Bid,_Digits)) {
                            ResetLastError();
                            if(!OrderModify(OrderTicket(), OrderOpenPrice(), NormalizeDouble((_trailingPips * Point() * 10) + Bid,_Digits), OrderTakeProfit(), 0)) {
                                Print("ERROR:"," Order Modify Failed: ",_LastError,"  ||  Function Name: ",__FUNCTION__,"  ||  Line Number: ",__LINE__);
                            }
                        }
                    }
                } else if(initialStopLossWillBeDone && (OrderStopLoss() > NormalizeDouble(OrderOpenPrice() - initialStopLossInPips*_Point*10,_Digits) || OrderStopLoss()==0)) {
                    if(OrderOpenPrice() - Bid >= trailingStartPips * Point() * 10) {
                        if(OrderStopLoss() != NormalizeDouble(OrderOpenPrice() - Bid >= _trailingPips * Point() * 10,_Digits)) {
                            ResetLastError();
                            if(!OrderModify(OrderTicket(), OrderOpenPrice(), NormalizeDouble(OrderOpenPrice() - initialStopLossInPips*_Point*10,_Digits), OrderTakeProfit(), 0)) {
                                Print("ERROR:"," Order Modify Failed: ",_LastError,"  ||  Function Name: ",__FUNCTION__,"  ||  Line Number: ",__LINE__);
                            }
                        }
                    }
                }
            }
        }
    }
}
    Trailing Function – script MetaTrader 4
    📈 ROBOTFX MetaTrader Expert Advisors and Indicators to maximize profits and minimize the risks
    Alternative:  Stochastic Only - indicator MetaTrader 4

    Similar MetaTrader Trading Tools:

    • Trailing Step Function - script for MetaTrader 4
      Trailing Step Function - script MetaTrader 4       //+------------------------------------------------------------------+ //|                                                                  | //+------------------------------------------------------------------+ void TrailingStep(double trailingStepStartPips, double _trailingStepPips, double initialStopLossInPips=0, bool useSymbol=false, bool useMagicNumber=false, int _magicNumber=0, bool initialStopLossWillBeDone=true) {     for(int…
    • Function library and Experts for trailing / Yury Dzyuban - library for MetaTrader 4
      Function library and Experts for trailing / Yury…       The algorithm for maintaining and closing a position is known to be almost more important that the rules for opening…
    • Function library for maintaining positions with a simple trailing stop - library for MetaTrader 4
      Function library for maintaining positions with a…       With the help of this library it is possible to implement the ability to maintain positions with a simple trailing…
    • BreakEven Function - script for MetaTrader 4
      BreakEven Function - script MetaTrader 4       //+------------------------------------------------------------------+ //|Breakeven                                                         | //+------------------------------------------------------------------+ void BreakEven(double _breakEvenPips, bool useSymbol=false, bool useMagicNumber=false, int _magicNumber=0) {     for(int i=OrdersTotal()-1; i>=0; i--) {         if(OrderSelect(i,SELECT_BY_POS))…
    • Trade Transmitter via web and OnTrade Function to MQL4 - script for MetaTrader 4
      Trade Transmitter via web and OnTrade Function to…       This EA has 3 Very Interesting Functions: 1. It can Detect Trades and its modifications in the account, made by…
    • Simple check open orders filter boolean function for Expert Advisors - expert for MetaTrader 4
      Simple check open orders filter boolean function for…       It is common for novice developers to face the challenge of making the Expert Advisor able to detect if there…
    • TimeInRange time checking function - library for MetaTrader 4
      TimeInRange time checking function - library MetaTrader 4       Fast time range checking function. Doesn't use slow string parsing. Function returns TRUE if time in range, FALSE otherwise. Usage:…
    • Errors function. In Russian. - library for MetaTrader 4
      Errors function. In Russian. - library MetaTrader 4       Errors function. In Russian. Function call: #include <Error.mq4> Usage example: Print("Error : ",Error(GetLastError())); Errors function. In Russian. - library MetaTrader…