Trailing Stop instead of TP

 

My original thread was moved inside another thread where I recieved no help so I am reposting.

Hello everyone,

I am looking for a trailing stop EA that starts trailing as soon as my target is reached. Like a Take Profit, except it starts a trailing stop from that point instead of closing a trade.

Does anyone know of something like this? I have searched and found one I thought would work, but it turned out to be wrong.

I am looking for the following

Open Trade

Start trailing stop after (X amount of pips) is reached

The idea is to use this EA instead of a take profit.

 

Is there anyone that can do this?

 

...

Right click on your order and chose "Trailing stop" from the pop-up menu

Set up the rest

PS: also check this thread (scripts and EAs that do what you ask for https://www.mql5.com/en/forum/173393

Files:
trail_stop.jpg  29 kb
 

look up tradestation. Their platform enables you to code a trigger that can automatically do this for you.