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I am not familiar with how to make EA's. Is it posible to make an EA based on the NRTR trailing stop with only that particular function in it ?
At the moment I take the live trades manually but would love to be able to switch on the NRTR as a trailing stop on those trades.
Any help much appreciated !
Can this even be done ?
Posts #3 and #4 are trailing stop files using NRTR. To use is with any EAs.
hi
hi ND ,
is there a script for trailing limit or stop ?
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Forex Indicators Collection
It is library file. Explanation how to install it in EA is on the post #1 and #2.
trailing stop for pending orders Script
I'm searching for a script that puts a trailing stop in the pending orders, but I can't find how. All I have seen is modifyorder, which need the order already opened. The problem is because I want to put TS to some orders, not to all of them. Which function do that? And can I put it directly inside my "pending orders" script, or I need to put another script later?
I'm searching for a script that puts a trailing stop in the pending orders, but I can't find how. All I have seen is modifyorder, which need the order already opened. The problem is because I want to put TS to some orders, not to all of them. Which function do that? And can I put it directly inside my "pending orders" script, or I need to put another script later?
There's no standard function. An EA/script must be coded to separate the orders which need the TS and others. You can't apply TS on orders (except with the manual MT4 function). The TS modify orders when the level is reach. It is not like a TP or SL.
FerruFx
No need to compile this b-TLE_v.1.6.mqh file as it is library file and it should be in include folder.
All those files should be used in already existing EA for someone who want to use trailing stop which was coded inside those library files. For example, instead of coding this trailing stop so those files may be inserted in already existing EA to be used. It saves a lot of time if you are not a coder (same as me) or do not have time to code many trailing stop variations for your EA to deicde which one is the best.
What is 3-level exit?
If your EA riches the profit +20, the stop loss will
It is example only:
LevelProfit1 = 20; // First profit level
LevelMoving1 = 1; // First level of moving
LevelProfit2 = 35; // Second profit level
LevelMoving2 = 20; // Second level of moving
LevelProfit3 = 55; // Third profit level
LevelMoving3 = 30; // Third level of moving
it means that if your EA riches the profit +20, the stop loss will be moved on +1, if profit is +35 or more the stop will be moved on 20, if profit is +55 your stop loss will mobe on 30. And further movement of s/l is doing by trailing stop.
You may change all these figures of course.
You must define the following variables in your EA:
int MAGIC = 20051120;
color clModifyBuy = Aqua;
color clModifySell = Tomato;
bool UseSound = False;
string NameFileSound = "expert.wav";after i UNZIP the b-TLE_v.1.6.rar (1.8KB),
do i need to compile the b-TLE_v.1.6.mq4?
it got some warning~ ~
could anyone tell me how to use b-TLE_v.1.6.rar, and i am a computer beginner, could anyone provide some picture , so that let me easy to understand what i should click and press in meta trader 4 terminal
THANKYOU
No need to compile this b-TLE_v.1.6.mqh file as it is library file and it should be in include folder. All those files should be used in already existing EA for someone who want to use trailing stop which was coded inside those library files. For example, instead of coding this trailing stop so those files may be inserted in already existing EA to be used. It saves a lot of time if you are not a coder (same as me) or do not have time to code many trailing stop variations for your EA to deicde which one is the best.
i don't understand how to do step 2 and 3
step 2: "#include should be included in the code of EA (your EA)"
step 3: in 'start' function of your EA add the following code:
if (UseTrailing) TrailingPositions();