Trailing Stop EAs for MT4

Submitted by Edward Revy on January 21, 2011 - 13:12.

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.

Follow me, enjoy trading!

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Submitted by Edward Revy on May 21, 2011 - 23:50.

Hi Pamela,

if to give a quick summary:
unlike regular fixed stops, trailing stops are able to move automatically as the market moves. The idea of a trailing stop is to be flexible and keep lowering your risks with each price step: when the price moves in your favor, a trailing stop will move with it (tightening your risk exposure), but when price goes against you, a trailing stop will hold still.

I would suggest to review this article, where you'll find more examples, and video:
http://www.investopedia.com/articles/trading/08/trailing-stop-loss.asp

Best regards,
Edward

Submitted by Pamela Nagawa Katende on May 13, 2011 - 13:31.

Edward,

Thanks alot for the generous work and effort.Can you please explain what trailing step means and what are the recommended parameter values for trailing stop and trailing step?

Pamela Nagawa Katende
Uganda

Submitted by User on April 15, 2011 - 14:08.

If an EA or indicator doesn't work with one broker - it's a good idea to try it on demo with another, just in case.

Submitted by User on April 1, 2011 - 06:13.

Anyone know of an EA that can use a trailed stop to enter a trade?

Submitted by User on March 26, 2011 - 17:22.

Number seven was exactly what i was looking for, i just hope it works as expected.

Submitted by User on March 26, 2011 - 17:21.

Thanks for this realy helpful page

Submitted by User on March 22, 2011 - 01:12.

Hi I am using EXness broker but this tight trailing stop is not working please help

Submitted by User on March 12, 2011 - 20:46.

It's always one EA per chart in MT4.

Submitted by Pete on March 11, 2011 - 13:53.

You are great. Best info on net available so. I like that every ea is explained.

Cheers
Pete

Submitted by Tom on February 26, 2011 - 20:07.

Hello,

If these EA could be used with other EA on the same chart?

Thanks
Tom

Submitted by User on February 11, 2011 - 09:22.

"Awesomeness" everywhere in this article!!!
thank you very much !!!

Submitted by User on January 28, 2011 - 08:22.

Great help here: How to install EAs MT4

Submitted by RGDS on January 28, 2011 - 08:18.

Hi Edward,

Thanx for the EA's. I just want to ask 1 question. After I download the EA's and put it in my MT4 trading platform and want to use the indicators, why does the indicator doesn't load and when I open the expert under my MT4 trading terminal, it says that the ( EA's is not a custom indicator and will be removed)?

Actually, how to load the EA's in MT4 trading platform? What I know all this indicators are specified for MT4 trading platform, right?

Please tell me how to load this EA's under MT4 trading platform.

Thanx
RGDS

Submitted by Edward Revy on January 26, 2011 - 06:13.

EAs are your automated trading experts.
With FXCM you'll be able to use these EAs on MT4 platform only, while on TradeStation it won't work.

Best reagrds,
Edward

Submitted by User on January 25, 2011 - 09:26.

thenx edward am just wondering are there automated EAs available and how do u use the?can u use them in fxcm?

thenx

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Trailing Stop EAs for MT4

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