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E Trailing 2

E Trailing 2 — a MetaTrader 4 script kept in the Old Kings collection. As the name suggests, the idea behind it is trailing stops. It has 5 settings, for example Profit Trailing (default True), Trailing Stop (default 8) and Trailing Step (default 2). Drop it on a demo chart first to see exactly what it does. Inside: 1 tool file with source code (.mq4) you can open and edit in MetaEditor. Old Kings are classic community tools shared as-is. Not tested by PolyMaria. Try it on a demo account first. Are you the author of this tool? Message us on Telegram (@abumarket_support) and we will credit you or take it down.

Script · MT4 · v1.0 · Free

About E Trailing 2

E Trailing 2 is a script for MetaTrader 4. It has 5 settings, such as Profit trailing, Trailing stop and Trailing step. MQL source code included.

Files in the download: e_Trailing.mq4.

Settings

SettingDefaultWhat it does
Profit trailingTrueTrailing stop distance or switch
Trailing stop8Trailing stop distance or switch
Trailing step2Trailing stop distance or switch
Use soundTrueTurn this alert on or off
Name file soundexpert.wavTurn this alert on or off

How to install

  1. Download the ZIP from your PolyMaria library and unzip it.
  2. In MetaTrader 4 open File → Open Data Folder, then go to MQL4 → Scripts.
  3. Copy the .mq4 file(s) there. Put any .mqh files in MQL4 → Include.
  4. Open the .mq4 file in MetaEditor and press Compile (F7) if MetaTrader does not show it.
  5. Drag the script onto a chart to run it once.

Download the PDF guide

Tags: Trailing Stop & Break-even · MQL4 Source Code

Old Kings — classic MT4 & MT5 collection · PolyMaria