Trailing Stop EA

New Projectreaper Trailing Stop EA
Automatically moves the stop loss to increase profits according to your settings.

INSTALLATION

Download and unzip it to Data Folder of your metatrader 4 terminal, to open DataFolder, click File menu of mt4 terminal and click Open Data Folder MQL4\Experts.

SETTINGS:

TrailingStart – minimal amount of profit in pips to start trailing

TrailingStop – stop loss value

TrailingStep – minimal amount of pips to change trailing stop position

Old4DigitsPips – use old 4 digits pips (1 point = 10 pips)

Slippage – maximal slippage

MagicNumber – if 0 managing all trades or manual opened trades. Enter specified value to manage only trades with that magic number

AutoThemeColor – if enabled automatically adjusting trade panel colors

PanelColor – color of background

TextColor – text color

EdgeColor – color of edges

The trading panel of the robot automatically adjusts the color according to the color scheme of the chart

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