Is there a way to implement a trailing stop after you are up a certain amount of pips? I want to set an initial SL but not have it move until I am up a certain a mount of pips. For instance, set the SL at 30 pips, then when I'm up 20 pips have the SL move up to breakeven and then be a trailing stop which moves as I gain pips. Also, how does the trailing stop work? I have read about it but can't figure it out. If I set it to 25 pips, I thought it would break even at 25 pips, then when I hit 50 pips it would move to 25 pips, but it doesn't seem to work like that for me.

- Joined May 2007 | Status: MT4/MT5 EAs/Indicators/Alerts coder | 6,460 Posts
MT4/MT5 EAs/Indicators/Alerts coder
- Joined May 2007 | Status: MT4/MT5 EAs/Indicators/Alerts coder | 6,460 Posts
MT4/MT5 EAs/Indicators/Alerts coder