Simple Trail EA
+------------------------------------------------------------------+| simple-trail-v1.3 |
| property copyright "Copyright DMW EA Development" |
| |
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This Expert Adviser will move the stop loss (S/L) on your MetaTrader 4 terminal up or down depending if the trades are
buy or sell automatically depending on the settings that have been entered.
Purchase this EA here for $ 5.00
Buy this file: simple-trail-v1.3 forex EA
Introduction
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This Expert Adviser will move the stop loss (S/L) on your MetaTrader 4 terminal up or down depending if the trades are
buy or sell automatically depending on the settings that have been entered.
Setup
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copy the simple-trail-v1.3.ex4 into C:\Program Files\"your broker"\experts.
restart MT4 to see the EA under experts.
Settings
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The following can be configured in the EA:
1. Trail value in pips , if using a 4 digit broker then use a value example 10 for 10 pips , or for a 5
digit broker use a value 100 for 10 pips.
2. Your own comment displayed on the chart.
3. sound - true or false , if true then a tick sound will be heard every time the stop loss is moved.
some helpful info
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don't set the stop loss too low , as the market moves up / down your trade might be closed if the stop loss
is set too low , once you have entered trade give it enough space ( IE stop loss) to reach a profit , I
recommend a minimum of 10 pips.
The EA will also show: the last order that was modified , and current spread.
This Ea will work for 4 or 5 digit brokers.
