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Trailing Stop EAs for MT4

I've decided to gather the resources about Trailing Stop EAs available today.

Most of indicators and EAs is a courtesy of Forex-TSD.com - one of the most advanced forums about Forex trading, where you can find almost anything!
But even then, it's sometimes difficult to find indicators/EAs you need quickly.
So, I've decided to make a series of pages with indicators and Expert Advisors (EAs) that, in my opinion, are the most useful.

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Thanks alot edward.You have cleared things for me on trailing stop EA's.

I im finally starting my live account today after demotrading for 6 months.I have read your entire site deligently and tried out most of the strategies.The most successful has been the Advanced system 14(Simple trading with the daily range).Im opening up my account with 3000 USD(Leverage 500).Please advise me on the lot size i should use when using this method so that i dont risk alot of my capital.

Thanks in Advance.
May the good lord bless you for all your generous contribution.

Pamela Nagawa Katende
Uganda

Hi Pamela,

You should always start with the smallest available lot.
0.01 lot is a good choice. You can safely open a few trades and still keep the risks low.
Keep trading small lots until you get more live trading experience and feel of the market as well as learn to control your account margins.

Best regards and happy trading!
Edward

Thanks Edward,I started trading but ive had limited sucess with the advanced strategy 14.I kept having 5 out of 6 winners but the last trade would completely deplete all the profits i had made since the risk reward ratio for the strategy is not good.I then resorted to the neat entry stategy.It also didnt work out on a recent trade with the AUD/USD.I have lost half of my account balance.What im i doing wrong?Is there an other suitable method you can recommend for me to use.

Pamela

Hello, break even stop EA doesn't work with my 5digits MT4 demo account. I give Sell Order Markert and second EA drop on the Chart, no reaction?? What´s wrong? Thank you.

Hello,

First of all that you for that great forum. What I wonder is a simple EA. I want to combine the e-trailing and break even EAs in the following way.

The stop loss should be modified to break even after a number of pips in profit.
Trailing stop should be activated once a number of pips is achieved and it should follow with a given number of pips.

For instance:

BreakEven: 100
TrailingCommence: 200
TrailingStop: 50
TrailingStep: 5

I would appreciate if you guys could guide me thru.

7. TrailingWithPartialClose.mq4 - expert advisor
How to use this whereby I just wanan to use one of the method instead?

IS there any PDF version installation or guide on this one ? TrailingWithPartialClose.mq4 - expert advisor

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