HFM information and reviews
HFM
96%
OctaFX information and reviews
OctaFX
94%
XM information and reviews
XM
93%
FXCC information and reviews
FXCC
92%
FxPro information and reviews
FxPro
89%
FXCM information and reviews
FXCM
87%

Trailing Stop EA – Forex Expert Advisor

Metatrader trailing stop expert advisor that can trail the price of the winning trade(s) by pips, candles, ATR, PSAR, moving average, fractals indicator or percentage. This Trailing Stop EA for MT4 has been created to help traders manage winning trades and baskets of trades, by trailing the price once it goes in the trader’s favor. The main idea that led to this auto Trailing Stop EA was that many traders are not so good at managing winning trades. Even with the bestforex trading strategy, if trade management is done wrong, it can turn a win into a loss.

While sooner or later every good trader learns how to spot the trend, when to enter a trade, what forex news to trade and all the other forex secrets, many traders are closing their trades when they shouldn’t.

It often happens that traders get too greedy or too scared and so they poorly manage an opened trade. Unfortunately, managing an opened trade is much harder than opening a trade. When this happens, the winning trade is usually closed:

  • Too late, after the profit decreased considerably or even became negative profit (loss)
  • Too early, before the trade’s profit will reach its highest amount possible

Using the RobotFX Trailing Stop expert advisor for Metatrader, traders can cash in safer without having to continuously monitor their trades.

So the purpose of the Trailing Stop EA is to eliminate those frustrating situations when you close a trade earlier than you should and the price continues to go in your favor, or when you wait for to long and the price reverses, so your winning trade becomes a losing trade.

The expert advisor trails the price using various methods:

  • After a number of pips or points (the classic trailing method)
  • At the last candlestick’s end (+ a buffer in points) – chandelier trailing stop ea
  • Trails using Metatrader’s indicators: MA (moving average trailing stop EA), parabolic stop and reverse (PSAR trailing stop EA), fractals, average true range (ATR trailing stop EA)
  • Trails using a percentage of the profit

Trailing Stop main functions

  • Trail the price of an opened trade or more by using a multitude of options, such as trail by ATR, PSAR or fractals indicators, trail by candlestick (chandelier), points and so on
  • Monitor the profit and start trailing from profit breakeven, or right away

This Trailing Stop EA for MT4 has been created to help traders manage winning trades and baskets of trades, by trailing the price once it goes in the trader’s favor. The main idea that led to this auto Trailing Stop EA was that many traders are not so good at managing winning trades. Even with the bestforex trading strategy, if trade management is done wrong, it can turn a win into a loss. While sooner or later every good trader learns how to spot the trend, when to enter a trade, what forex news to trade and all the other forex secrets, many traders are closing their trades when they shouldn’t.ling Stop Expert Advisor for Metatrader 5 and MT4

It often happens that traders get too greedy or too scared and so they poorly manage an opened trade. Unfortunately, managing an opened trade is much harder than opening a trade. When this happens, the winning trade is usually closed:

  • Too late, after the profit decreased considerably or even became negative profit (loss)
  • Too early, before the trade’s profit will reach its highest amount possible

Using the RobotFX Trailing Stop expert advisor for Metatrader, traders can cash in safer without having to continuously monitor their trades. So the purpose of the Trailing Stop EA is to eliminate those frustrating situations when you close a trade earlier than you should and the price continues to go in your favor, or when you wait for to long and the price reverses, so your winning trade becomes a losing trade.

The expert advisor trails the price using various methods:

  • After a number of pips or points (the classic trailing method)
  • At the last candlestick’s end (+ a buffer in points) – chandelier trailing stop ea
  • Trails using Metatrader’s indicators: MA (moving average trailing stop EA), parabolic stop and reverse (PSAR trailing stop EA), fractals, average true range (ATR trailing stop EA)
  • Trails using a percentage of the profit
Trailing Stop EA EA Rating 9.51
Yield per annum 29%
Max drawdown per annum 36%
Developer RobotFX
Created, year 2020
Free
Price $98
Class middle term
Type trend
Lot size not less than 1000 units per 0.1 of a standard lot
Deposit $100
Leverage 300
Timeframes M5
Strategies trailing stop
Indicators own indicators
Recommended brokers HFM, FXCM, NordFX
Trading tool/currency pairs EURGBP, EURUSD, USDCHF, USDJPY
Automatic account type
Indicating
Multiple usage
Mini deposits
Max risk limitation
ECN
NDD
Several one-way series
Auto start lot
Fixed stop loss
Fixed takeprofit
Automatic lapse expansions

Recently added Forex Expert Advisors 2023

Recommended Materials on Forex Expert Advisors

MultiBank Group information and reviews
MultiBank Group
86%
Vantage information and reviews
Vantage
83%
FP Markets information and reviews
FP Markets
81%
Just2Trade information and reviews
Just2Trade
80%
AMarkets information and reviews
AMarkets
78%
IronFX information and reviews
IronFX
77%

© 2006-2023 Forex-Ratings.com

The usage of this website constitutes acceptance of the following legal information.
Any contracts of financial instruments offered to conclude bear high risks and may result in the full loss of the deposited funds. Prior to making transactions one should get acquainted with the risks to which they relate. All the information featured on the website (reviews, brokers' news, comments, analysis, quotes, forecasts or other information materials provided by Forex Ratings, as well as information provided by the partners), including graphical information about the forex companies, brokers and dealing desks, is intended solely for informational purposes, is not a means of advertising them, and doesn't imply direct instructions for investing. Forex Ratings shall not be liable for any loss, including unlimited loss of funds, which may arise directly or indirectly from the usage of this information. The editorial staff of the website does not bear any responsibility whatsoever for the content of the comments or reviews made by the site users about the forex companies. The entire responsibility for the contents rests with the commentators. Reprint of the materials is available only with the permission of the editorial staff.
We use cookies to improve your experience and to make your stay with us more comfortable. By using Forex-Ratings.com website you agree to the cookies policy.