Hi
I am currently involved in building a breakout EA which will be being offered to the community here when all the kinks are worked out.
We will have multiple take profit levels for each order and would like to add trailing stop options to each of these orders, but are not sure how best to handle this.
As far as I can see the MT4 platform has no trailing stop otion, so we would be changing the stoploss automatically, tick by tick as price goes in our favour. Likely annoying the broker in the proccess.
Any advice on the best way to handle this would be appreciated.
Thanks
David
I am currently involved in building a breakout EA which will be being offered to the community here when all the kinks are worked out.
We will have multiple take profit levels for each order and would like to add trailing stop options to each of these orders, but are not sure how best to handle this.
As far as I can see the MT4 platform has no trailing stop otion, so we would be changing the stoploss automatically, tick by tick as price goes in our favour. Likely annoying the broker in the proccess.
Any advice on the best way to handle this would be appreciated.
Thanks
David