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TrailingStopFrCnSAR EA
creeping the portfolio profit is the main work for this EA.The script can be placed in one window and pointing SymbolAll = true it will be a warrant sweep on all instruments
Added definition of long trawl for the indicators Parabolic and Velocity
OrderBalansEN_v3_4.mq4 8.14 kb, 33 downloads since 2014-10-08
TrailingStopFrCnSARen_v4.mq4 12.81 kb, 33 downloads since 2014-10-08
TrailingStopFrCnSARen_v4.mq4 12.81 kb, 33 downloads since 2014-10-08
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Download EA with settings and strategy explained!
Settings explained:
CORNER: Set it to your preferred corner for display on your charts.
Now, let's discuss how this EA operates without delving into the intricacies of the code.
TrailingStop: Set it according to your preferences (0-off, 1-Candle, 2-Fractals, 3-Velocity, 4-Parabolic, >4-pips).
StepTrall: This determines the minimum step for trailing.
delta: It represents the offset from fractals, candles, or Parabolic.
only_Profit: Choose to trail only profitable orders.
only_NoLoss: Decide whether you want to trail without incurring losses.
only_SL: Select this option to trail orders that already have Stop Loss.
SymbolAll: Trail all symbols.
GeneralNoLoss: Enable trailing without losses on a general scale.
Strategy explained:
Buy and Sell Signals: The robot identifies Buy and Sell signals, which can help you navigate the market trends effectively. It's a great way to enter and exit trades at the right time.
Risk Management: Remember that risk management is key. You should never risk more than you can afford to lose. Adjust your lot size according to your risk tolerance.
Market Monitoring: The EA continuously monitors the market for opportunities and reacts swiftly based on its programmed parameters. This automated approach can be particularly beneficial for traders who prefer a more hands-off strategy.
Balance Tracking: The robot helps you keep an eye on your account balance and free margin. It's crucial to monitor your account to ensure you're within your risk limits.
Day and Week Indicators: Note the day and week indicators used by the EA. These can provide insights into its timing and market analysis.
Optimize and Experiment: Remember that every trading strategy should be optimized and tailored to your specific trading style. Don't hesitate to experiment with different settings to find what works best for you.
OrderBalansEN_v3_4.mq4 8.14 kb, 1 downloads since 2023-11-09
TrailingStopFrCnSARen_v4.mq4 12.81 kb, 1 downloads since 2023-11-09
TrailingStopFrCnSARen_v4.mq4 12.81 kb, 1 downloads since 2023-11-09
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