Trailing Stop on Profit EA

[Proseries]

Nothing happens.. u can see the dotted square box when grabbing the ea but with dragged over to chart nothing.

 

[Enivid]

Nothing happens.. u can see the dotted square box when grabbing the ea but with dragged over to chart nothing.

Could you please use Win+Shift+S to take actual screenshots? It's quite difficult to see anything on these photos. I would also need to see the output in the Experts tab of the Terminal subwindow when you attach the EA to a chart. Thank you!

 

[Proseries]

hope this helps

 

[Enivid]

hope this helps

You need to re-compile the Trailing Stop on Profit.mq4 file. Before that, make sure you've copied all the folders from the downloaded archive to the MQL4 folder of your MetaTrader.

 

[Proseries]

You need to re-compile the Trailing Stop on Profit.mq4 file. Before that, make sure you've copied all the folders from the downloaded archive to the MQL4 folder of your MetaTrader.

It’s a zip file.. do I extract then copy into mt4 or just extract the file when it’s in the mq4?

 

[Enivid]

It’s a zip file.. do I extract then copy into mt4 or just extract the file when it’s in the mq4?

You need to extract three folders from that file and copy them all to the MQL4 folder of your MT4.

 

[Proseries]

You need to extract three folders from that file and copy them all to the MQL4 folder of your MT4.

Ok great have it working… many thanks…
Question: I have my SL at 340 points but want the EA to kick in when I’m in 30 points profit . Then start to trail every 40 points.. how do I set that up.. I use a script to auto set my SL

 

[Enivid]

Ok great have it working… many thanks…
Question: I have my SL at 340 points but want the EA to kick in when I’m in 30 points profit . Then start to trail every 40 points.. how do I set that up.. I use a script to auto set my SL

There is no way to trail stop every 40 points. This EA trails stop in a continuous manner. You can set Profit in points to 30 and the Trailing stop to 40. However, it will always keep SL at 40 points away from the last achieved price maximum.

 

[Proseries]

There is no way to trail stop every 40 points. This EA trails stop in a continuous manner. You can set Profit in points to 30 and the Trailing stop to 40. However, it will always keep SL at 40 points away from the last achieved price maximum.

Many thanks for all your help

 

[linux_usr]

Trailing stops are good for you to have in your toolbox of tricks but useless as a blanket strategy. You should get yourself an ATR SL TP EA. THERE IS ONE FOR FREE ON MT5 market but i reckon it will go premium. if you dload and it goes premium it will still be for free on any other terminal long as same login name. its the only one of its kind.

 

[Enivid]

Trailing stops are good for you to have in your toolbox of tricks but useless as a blanket strategy. You should get yourself an ATR SL TP EA. THERE IS ONE FOR FREE ON MT5 market but i reckon it will go premium. if you dload and it goes premium it will still be for free on any other terminal long as same login name. its the only one of its kind.

We have a free ATR TSL EA too:
https://www.earnforex.com/metatrader-expert-advisors/atr-trailing-stop/

 

[hardiantohardianto]

hi. i tried to test it in Octa MT5 demo account, it doesn't work although it reached points that I set up. I tested the same with Exness, it works. Please test by your self and please advice. Thanks

 

[Enivid]

hi. i tried to test it in Octa MT5 demo account, it doesn't work although it reached points that I set up. I tested the same with Exness, it works. Please test by your self and please advice. Thanks

Please provide more information about what happened. Some screenshots would help here. Was there any relevant output either in the Experts or Journal tab log at around the time when it had to trigger?