E Trailing
E Trailing is a script for MetaTrader 4 from the Old Kings collection. As the name suggests, the idea behind it is trailing stops. It has 6 settings, for example All Positions (default False), Profit Trailing (default True) and Trailing Stop (default 15). 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
E Trailing is a script for MetaTrader 4. It has 6 settings, such as All positions, Profit trailing and Trailing stop. MQL source code included.
Files in the download: e-Trailing.mq4, More EAs & Forex Tools.url.
Settings
| Setting | Default | What it does |
|---|---|---|
| All positions | False | |
| Profit trailing | True | Trailing stop distance or switch |
| Trailing stop | 15 | Trailing stop distance or switch |
| Trailing step | 2 | Trailing stop distance or switch |
| Use sound | True | Turn this alert on or off |
| Name file sound | expert.wav | Turn this alert on or off |
How to install
- Download the ZIP from your PolyMaria library and unzip it.
- In MetaTrader 4 open File → Open Data Folder, then go to MQL4 → Scripts.
- Copy the .mq4 file(s) there. Put any .mqh files in MQL4 → Include.
- Open the .mq4 file in MetaEditor and press Compile (F7) if MetaTrader does not show it.
- Drag the script onto a chart to run it once.