Forex brokers comparison

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 - 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.

Follow me, enjoy trading!

Read entire post >>>


Hi I've Loaded TrailingStop.mq4 - expert advisor onto my MT4 chart & it works well.
My only complaint is that iI cant activate the stop loss feature on this EA.
Can anyone help me

Peter S

Yes, I too would like to be able to get my mind around this one! IBFX have a quite good one that allows three levels of adjustment of the stop, with partial closes (% of Lot size) at each step, but unfortunately it only works on IBFX's MT4 software and I do not know enough to programme an equivalent version.

This one looks good, but there seems to be so many variations, and thus far no 'manual' that helps you understand it if you are not able to read the nuances of the software code.

Hello Edward,
Thanks for posting. Have loaded the Trail and partial close and set it up with low target price on M15 to see how it works using BE+lockin. It goes past TP and does not close out 50%. In fact, it doesn't seem to do anything. Any ideas?

Thanks for this exposition on trailing stop. I have succeeded in loading e-Trailing.mq4 EA in my platform; pls i would like you to explain why the value "False" is used for "All Positions" variable. Also please explain what it would mean if the value "True" was used instead.


Thank Edward, I am using the first EA you show here, it is the e-trailing mq4 and I love it. I just cant figure out what the trailing STEP is. The default is set at 2 but I dont have any idea what it does. Can you possibly explain.

Thank You,

Hello Edward,

Any idea why the partial close does not work after the first take profit is reached. It is set to '1' so I assume it should work?

this is not working on my instaforex platform, when i click on e-trailing, it will not show anything i need help on how to use this correctly

hi Edward
i have installed e-Trailing.mq4 - EA (trailing stop 15 and trailing step 2) and i don't understand how it should work on my mt4. first before making any orders i put EA on my chart and then let's say i bought eur/usd at the price 1.3100 so the trailing stop should be activated then the price reaches at least 1.3116 if this is true so why it didn't work for me ? please explain. or perhaps this EA works only with a pending order ?
i will be waiting for your answer
best regards
Arvydas Lithuania