Download – TrailingStopFixedStep_v1-0.mq4

TrailingStopFixedStep_v1-0.mq4 is an Expert Advisor that performs a Trailing Stop with a fixed step.

Basically if the price moves in the direction of the order (up for buy and down for sell orders) and the distance between the stop loss and the price is greater the STEP, in pips, then the stop loss will be moved of a number of pips MOVE following the price.

 

If you need some more professional Expert Advisors to Automate your Trailing Stops in MT4 please visit this page.

 

download-ea-trailingstopfixedstep_v1-0-1
download-ea-trailingstopfixedstep_v1-0-2

 

download-ea-trailingstopfixedstep_v1-0-3

 

 

Once you download the script you need to:

  • Copy the mq4 file in the Metatrader data folder > MQL4 > Experts
  • Open the file with Metaeditor
  • Compile the file
  • Restart Metatrader
  • The Script can now be run

 

If you need some more professional Expert Advisors to Automate your Trailing Stops in MT4 please visit this page.

 

 

If you are interested in building your own Expert Advisor or know more about how to do it check my MT4 Expert Advisor Template.

 

 

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