#Download #trailing stop expert advisor 4 #MetaTrader
Metatrader trailing stop #expertadvisor that can trail the price of the winning trade(s) by pips, #candles, #ATR, #PSAR, moving average, #fractals #indicators or percentage.
Trailing Stop main functions:
- Trail the price of an opened trade or more by using a multitude of options, such as trail by ATR, PSAR or fractals indicators, trail by #candlestick (chandelier), points and so on
- Monitor the profit and start trailing from #profit #breakeven, or right away
This Trailing Stop EA for MT4 has been created to help traders manage winning trades and baskets of trades, by trailing the price once it goes in the trader’s favor. The main idea that led to this auto Trailing Stop EA was that many traders are not so good at managing winning trades. Even with the bestforex trading strategy, if trade management is done wrong, it can turn a win into a loss. While sooner or later every good trader learns how to spot the trend, when to enter a trade, what forex news to trade and all the other forex secrets, many traders are closing their trades when they shouldn’t.
The #RobotFX Trailing Stop #expert #advisor will eliminate those frustrating situations when you close a #trade earlier than you should and the #price continues to go in your favor, or when you wait for to long and the price reverses, so your winning trade becomes a losing trade.
The expert advisor #trails the price using various methods:
• After a number of #pips or points (the classic trailing method)
• At the last candlestick’s end ( a buffer in points)
• Trails using Metatrader indicators: #MA (moving average), #PSAR (parabolic stop and reverse), #fractals, #ATR (average true range)
• Trails using a percentage of the profit
It is important to specify that the trader has the ability to change (within the expert advisor’s settings) the indicators values as well as the timeframe they are applied to. Also, that the expert advisor can trail multiple trades (basket) of the same kind.
Trailing Stop List
Questions Answered:
- What is the trailing stop? 0:05
- How to place the trailing stop? 0:25
- When to start locking profit? 01:57
- Where to download a good trailing stop expert EA? 04:05
- How to trail the price by pips? 04:53
- What is the chandelier trailing strategy? 07:18
- How to trail the price by fractals indicator? 10:15
- How to trail the price by PSAR indicator? 12:50
- How to trail the price by Moving Average indicator? 13:55
- What are the Trailing Stop EA settings? 16:46
- How to hide the stoploss from brokers? 17:25
- How to trail the price by percentage of profits? 18:37
- How to trail the price using the ATR indicator? 19:42
- How to trail the price for trades opened by other EAs? 22:00
- Is there any EA that can trade AND trail the price? 24:30
- How to trail the price by Heiken Ashi candles? 24:33
This might answer the following forex trading questions:
How to trade trailing stop?
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How to trade candlestick ts?
How to trade atr trailing stop?
How to trade psar trailing stop?
How to trade chandelier?
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