Kalifx trailing stop EA
- Utilità
- Calvin Andile Mahlangu
- Versione: 1.0
the kalifx trailing stop ea automatically trails and adjusts the stop-loss level as the market price moves in a favorable direction. Instead of setting a static stop-loss, the trailing stop ea allows traders to “trail” their stop-loss at a certain distance below the current market price. This automated approach helps traders lock in profits while protecting against potential reversals.
the trailing stop ea offers more than just basic trailing stop functionality. it includes automatic stop loss & take profit, trailing stop and breakeven.
The trailing stop ea is a well-featured and simple tool for managing your stop-loss levels in MT4. However, it’s important to understand its limitations and consider alternatives before to buying it.
Input parameters
1. automatic stop loss and take profit - for each trade opened the ea sets sl and tp automatically according to your preferences
2. use trailing stop? - if set to true it enables the trailing stop feature which adjusts the stop-loss level as the trade moves in your favor. Set to false to disable the trailing stop.
3. trailing start - This feature allows price to move "n" pips above open price level before trailing stop is triggered.
4. trailing step -specify the number of pips as the step or increment for adjusting the stop-loss level as the trade moves in your favor.
5. use breakeven? if set to true it enables breakeven (When a trade is "n" pips on profit or some distance towards takeprofit, the stop loss is moved to break even point (trade's open price level)
6. BE % of take profit - specify % of tp when BE will be triggered or stop loss line moved to breakeven point (trade's open price level).
7. BE offset in pips - specify the "n" pips above open price level where the stop loss will be moved.
note: try this EA on a demo account to understand how it works while playing around with the settings.
PLEASE BUY ME COFFEE :)
telegram link t.me//KARLIIIIII
