Best free moving stop EA

Hello traders. I was thinking if anyone could provide or point me in correction direction.

I am looking for a moving stop EA with these requirements. Basically, a trailing stop that will stop at a certain defined "locked in" pips and then automatically turn into a "step" trailing stop.

Example. Lets say I took a long and set my trailing stop to be 10 pips. Like usual, when the +10 pips, the trailing stop will activate and begin trailing the price but then after going +15, the trailing stop will "lock" at +5 pip profit and will remain there until the next defined "check point" is hit which would move the trailing stop to another defined "lock" profit level. These manually defined "steps" would continue until I am stopped out.


Thank you.

It can be done really easy on MT5. Do you use MT5?

Search for Caveman 1.41 right here on FF

Be sure to read the manual

Erebus, can you provide us with link plz

Oh, come on, you really need to learn this SEARCH stuff by yourself

Caveman is a member, just follow the pictures posted, each is worth 1,000 words

See you later

And do you know where CODEBASE is?

And what is in there?

That should keep you busy for a few hours



PS: Double click on the item you are interested in to open webpage description

Right click to download direct to MT4 (no need for anyone to post file here to share)

Find them in special folder - see picture

forgot the folder picture in previous post

Thanks Erebus!

[From the manual]...

"UseNoLossAfterPips

Once you define the pips value and the market moves in your favour, the EA will close the trade with NoLossBuffer pips as a buffer if
the market moves against you. Haven't you been in situations where you enter a position, it goes positive 10/15 pips and then reverses
and hit your SL. You'd wished that you had exited with no loss? Right? Like the old saying goes - never let a winning trade become a
losing one. That is what this option does. You'd normally use this with a lower target than the trailing stop.

E.g. 15 pips for no loss and then trail at 25pips to price. So once price pass 15 pips, you are safe even if trailing stop hasn't kicked in yet."

I like that one...