I'm seeking a trailing stop EA that surely must exist, any ideas?

Quoting highway

Disliked

Sorry to bump in with another EA.

Could KennyHubbard, Mr Pip or anyone correct this EA?

It works on 4 digits broker but recently it stopped working. When it is activated, the Trailing stop From Begining EA kicks in the trail at 2 pips no matter how many pips I asked it.

Is it because my broker has changed to 5 digits or my broker MIG Swiss just forbidded it now?

Greatly appreciate your help.
Thanks in advance

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Quoting BenScoobert

Disliked

Try this

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Quoting BenScoobert

Disliked

I just realised what this EA is missing Kenny (nudge nudge)

A simple TP and SL setting, just in case price doesn't go your way and of course for when it does.

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Quoting kennyhubbard

Disliked

Ben,

I actually have a version where the SL is incorporated. I am just ironing out one or two bugs and should post it during the course of the week.

The TP will have to come later.........

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Quoting kennyhubbard

Disliked

Attached is the latest version which incorporates the SL capability.

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Quoting Finsia

Disliked

Hi, I was wondering if its possible to program a variation of Ben and Kenny’s trailing stop EA.
From reading the posts (I haven’t tried it out yet) the EA has a trailing percentage of 50% or some other variable. Whatever stop % you set that is the % until the trail max target is reached.
Eg 10 pips profit @50 % = 5 pips
30 Pips @ 50% = 15 pips
[font=Calibri][size=3]After 50 pips ( trail max) the trail...

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Quoting Finsia

Disliked

Hi - I am going to try and spend some time trying to build it on the weekend. I am ok at programming strategies etc but the order function of Mql4 is alot more complicated for me. I don't think I will use a "percentage" as such as this could complicate the programming. I am thinking of using levels of stop loss (which would be variable inputs) and then run a 1 step trailing stop after 60 pips profit gained - 42 pips. Not sure how this would work but it would have to step up 18 pips from ( 40 pips@ 60% = 24 pips) and then trail by 1 pip. Might...

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Quote

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//+------------------------------------------------------------------+
//| BlueprintV1.9.mq4 |
//| Not working|
//| [email protected] |
//+------------------------------------------------------------------+
#property copyright "not working"
#property link "[email protected]"
extern double InitialTrailingStop = 10;
extern double trailing_stop_level1 = 3;
extern double SecTrailingStop = 20;
extern double trailing_stop_level2 = 8;
extern double ThirdTrailingStop = 30;
extern double trailing_stop_level3 = 15;
extern double FourthTrailingStop = 40;
extern double trailing_stop_level4 = 24;
extern double FifthTrailingStop = 60;
extern double trailing_stop_level5 = 42;
extern double TrailPercent = 70;
extern double Trail_From = 61.0;
// Set it to some value above 0 to activate stop-loss
extern double StopLoss = 0;
//+------------------------------------------------------------------+
//| expert initialization function |
//+------------------------------------------------------------------+
int init()
{
//----

//----
return(0);
}
//+------------------------------------------------------------------+
//| expert deinitialization function |
//+------------------------------------------------------------------+
int deinit()
{
//----

//----
return(0);
}
//+------------------------------------------------------------------+
//| expert start function |
//+------------------------------------------------------------------+
int start()
{double PointValue;
for (int i = 0; i < OrdersTotal(); i++)
{
OrderSelect(i, SELECT_BY_POS, MODE_TRADES);
if (OrderSymbol() != Symbol()) continue;
//Calculate the point value in case there are extra digits in the quotes
if (MarketInfo(OrderSymbol(), MODE_POINT) == 0.00001) PointValue = 0.0001;
else if (MarketInfo(OrderSymbol(), MODE_POINT) == 0.001) PointValue = 0.01;
else PointValue = MarketInfo(OrderSymbol(), MODE_POINT);
//Normalize trailing stop value to the point value
double TSTP = InitialTrailingStop * PointValue;
double TSTP2 = SecTrailingStop * PointValue;
double TSTP3 = ThirdTrailingStop * PointValue;
double TSTP4 = FourthTrailingStop * PointValue;
double TSTP5 = FifthTrailingStop * PointValue;
double Trail_From = Trail_From * PointValue;
double My_Profit;
double My_Trail;
double NewSL;
double StopLoss;


if (OrderType() == OP_BUY)
{
if (((InitialTrailingStop> 0) && (Bid - OrderOpenPrice() >= TSTP) && (Bid - OrderOpenPrice() < TSTP2)))
NewSL= OrderOpenPrice()+trailing_stop_level1*PointValue;
{if (OrderStopLoss() < NewSL ) OrderModify (OrderTicket(), OrderOpenPrice(),OrderOpenPrice()+ trailing_stop_level1 * PointValue, OrderTakeProfit(), Red);
}
}


{ if (((SecTrailingStop> 0) && (Bid - OrderOpenPrice() >= TSTP2) && (Bid - OrderOpenPrice() <TSTP3)))
NewSL= OrderOpenPrice()+trailing_stop_level2*PointValue;
{ if (OrderStopLoss() < NewSL) OrderModify (OrderTicket(), OrderOpenPrice(),OrderOpenPrice() + trailing_stop_level2 * PointValue, OrderTakeProfit(), Red);
}
}


{ if (((ThirdTrailingStop > 0) && (Bid - OrderOpenPrice() >= TSTP3)&& (Bid - OrderOpenPrice() <TSTP4)))
NewSL= OrderOpenPrice()+trailing_stop_level3*PointValue;
{ if (OrderStopLoss()< NewSL) OrderModify (OrderTicket(), OrderOpenPrice(), OrderOpenPrice()+trailing_stop_level3 * PointValue, OrderTakeProfit(), Red);
}
}

{if ((( FourthTrailingStop > 0) && (Bid - OrderOpenPrice() >= TSTP4)&& (Bid - OrderOpenPrice() <TSTP5)))
NewSL= OrderOpenPrice()+trailing_stop_level4*PointValue;
{ if (OrderStopLoss() < NewSL) OrderModify (OrderTicket(), OrderOpenPrice(),OrderOpenPrice()+trailing_stop_level4 * PointValue, OrderTakeProfit(), Red);
}
}


{if (( FifthTrailingStop > 0) && (Bid - OrderOpenPrice() >= TSTP5) && (Bid - OrderOpenPrice() < Trail_From))
NewSL= OrderOpenPrice()+trailing_stop_level5*PointValue;
{ if (OrderStopLoss() < NewSL) OrderModify(OrderTicket(), OrderOpenPrice(), OrderOpenPrice() + trailing_stop_level5 * PointValue, OrderTakeProfit(), Red);

}
}
My_Profit = MarketInfo(OrderSymbol(), MODE_BID) - OrderOpenPrice();
My_Trail = MathMin(My_Profit * TrailPercent/100,Digits);
{ if (Bid - OrderOpenPrice() > TSTP5)
{ if(OrderStopLoss()< Bid - My_Trail * PointValue)
{ OrderModify(OrderTicket(),OrderOpenPrice(),Bid - My_Trail*PointValue,OrderTakeProfit(),0, Red);

}
}
}
}
if ((OrderStopLoss() != Bid - StopLoss * PointValue) && (StopLoss != 0))
OrderModify(OrderTicket(), OrderOpenPrice(), Bid - StopLoss * PointValue, OrderTakeProfit(), Red);

if (OrderType() == OP_SELL)

{ if (((InitialTrailingStop> 0) && (OrderOpenPrice() - Ask >= TSTP) && (OrderOpenPrice() - Ask < TSTP2)))
NewSL= OrderOpenPrice()-trailing_stop_level1*PointValue;
{if (OrderStopLoss() > NewSL) OrderModify(OrderTicket(), OrderOpenPrice(), OrderOpenPrice()-trailing_stop_level1 * PointValue, OrderTakeProfit(), Red);
}
}

{ if ((( SecTrailingStop > 0) && (OrderOpenPrice() - Ask >= TSTP2) && (OrderOpenPrice() - Ask < TSTP3)))
NewSL= OrderOpenPrice()- trailing_stop_level2*PointValue;
{if (OrderStopLoss() > NewSL) OrderModify(OrderTicket(), OrderOpenPrice(), OrderOpenPrice()- trailing_stop_level2 * PointValue, OrderTakeProfit(), Red);

}
}

{
if (((ThirdTrailingStop > 0) && (OrderOpenPrice() - Ask >= TSTP3) && (OrderOpenPrice() - Ask < TSTP4)))
NewSL= OrderOpenPrice()-trailing_stop_level3*PointValue;
{if (OrderStopLoss() > NewSL) OrderModify(OrderTicket(), OrderOpenPrice(), OrderOpenPrice()-trailing_stop_level3 * PointValue, OrderTakeProfit(), Red);

}
}
{
if (((FourthTrailingStop > 0) && (OrderOpenPrice() - Ask >= TSTP4) && (OrderOpenPrice() - Ask < TSTP5)))
NewSL= OrderOpenPrice()+trailing_stop_level4*PointValue;
{if (OrderStopLoss() >NewSL) OrderModify(OrderTicket(), OrderOpenPrice(),OrderOpenPrice() - trailing_stop_level4 * PointValue , OrderTakeProfit(), Red);

}
}


{if (( FifthTrailingStop > 0) && (OrderOpenPrice() - Ask >= TSTP5) && (OrderOpenPrice() - Ask < Trail_From))
NewSL= OrderOpenPrice()- trailing_stop_level5*PointValue;
{if (OrderStopLoss() >NewSL) OrderModify(OrderTicket(), OrderOpenPrice(), OrderOpenPrice() - trailing_stop_level5 * PointValue, OrderTakeProfit(), Red);

}
}

My_Profit = OrderOpenPrice() - MarketInfo(OrderSymbol(), MODE_ASK);
My_Trail = MathMin(My_Profit * TrailPercent/100,Digits);
{if((OrderOpenPrice()-Ask)> TSTP5)
{if((OrderStopLoss()>(Ask+My_Trail*PointValue)) || (OrderStopLoss()==0))
{ OrderModify(OrderTicket(),OrderOpenPrice(),Ask+My_Trail*PointValue,OrderTakeProfit(),0,Red);
}
}

}

if ((OrderStopLoss() != Ask + StopLoss * PointValue) && (StopLoss != 0))
OrderModify(OrderTicket(), OrderOpenPrice(), Ask + StopLoss * PointValue, OrderTakeProfit(), Red);
//----

//----
return(0);
}
//+------------------------------------------------------------------

Quoting kennyhubbard

Disliked

Hi guys,

Attached is the latest version which incorporates the SL capability.

There are 3 ways that it sets SL. First there is the straight forward SL in pips. Set this in the Manual_SL setting. Using Manual_SL = 0 will result in the EA setting the SL in one of 2 other ways, namely using recent Highs/Lows(limited by SL_Max). Recent is defined SL_Minutes.

The other way that the EA sets SL is by % of account risk. The EA will look at the lotsize of the trade and will calculate the SL to be equal to the % of account defined by Risk setting....

Ignored

Quoting kennyhubbard

Disliked

Hi guys,

Attached is the latest version which incorporates the SL capability.

There are 3 ways that it sets SL. First there is the straight forward SL in pips. Set this in the Manual_SL setting. Using Manual_SL = 0 will result in the EA setting the SL in one of 2 other ways, namely using recent Highs/Lows(limited by SL_Max). Recent is defined SL_Minutes.

The other way that the EA sets SL is by % of account risk. The EA will look at the lotsize of the trade and will calculate the SL to be equal to the % of account defined by Risk setting. %...

Ignored