Hi. I need help to find an EA based on MA cross which includes Trailing stop level calculated as a percentage of profit. T For example, If 50% of profit is selected, then the trailing stoporder will be set halfway between the order entry and current price. However the stop order price be altered ony if it changes the Stop order level by certain pre selected points.
Example: I enter a trade for AUDUSD at 0.71200 on 50% Trailing stop oder basis. If the current market price touches 0.76200, then the trade is in profit for 0.0500. So the trailing stop order will be automatically set at 50% of profit + the order entry. i.e 0.71200+50%(0.76200-0.71200) = 0.73700.
This oder update will only happen if the change required has crossed the threashold level set by the user.
I have seen "Trailing percentage on Profit EA" on Earnforex site. I am searching for a MA cross EA with built in feature of a percentage trailing stop
Example: I enter a trade for AUDUSD at 0.71200 on 50% Trailing stop oder basis. If the current market price touches 0.76200, then the trade is in profit for 0.0500. So the trailing stop order will be automatically set at 50% of profit + the order entry. i.e 0.71200+50%(0.76200-0.71200) = 0.73700.
This oder update will only happen if the change required has crossed the threashold level set by the user.
I have seen "Trailing percentage on Profit EA" on Earnforex site. I am searching for a MA cross EA with built in feature of a percentage trailing stop
