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