DislikedI have an EA which moves stops and takes profit according to lines you draw. You can take % at different levels and move stops as new levels are hit. You can adjust % profit taken at various levels etc.
Mt4 must be running for it to work is only condition....
Attachment
AttachmentIgnored
Drop the EA onto your charts.....this pops up...
Then draw 2 horizontal lines (to start with) on chart, one for target and one for where that target will move your SL to.
Name them as follows.
Attached Image
so when TARGET1 is hit your SL will move to where your STOPLOSS1 line is drawn.
You can do this for a few targets. Colour your lines black/white if you dont want to see them once drawn if you like (they can get messy).
I will incluede my charts with this triggering and how it looks once triggered (next post).