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Tight_Trailing_Stops – Free Edition

Tight_Trailing_Stops – Free Edition

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REQUIREMENTS
MT4 Account
 
FILES
1 Expert Advisor file
User Manual

  • Purpose:

    To help set absolutely tight stop loss orders/trailing stops, which are not always allowed by Forex brokers.

  • Parameters:

    To setup a trailing stop:
    - change UseTrailing to true.
    - TrailingAct is the activation point (set in X amount of pips), where the trailing stop starts to trail.
    (For example, to activate a trailing stop when the trade is 10 pips in profit, set TrailingAct to 10).

    - TrailingStep - the step/amount you'd like to trail by.

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