Profitlosstrailea
From the Old Kings archive: Profitlosstrailea, a script for MetaTrader 4. It has 25 settings, for example Set Manage Orders (default ||=============== Manage), Manage Orders (default Order_By_Order_All_Symbo) and Add SLTP (default ||=============== Add SL). Scripts run once when you drop them on a chart; try it on a demo account first. Inside: 1 EA 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 Profitlosstrailea
Profitlosstrailea is a script for MetaTrader 4. It has 25 settings, such as Set manage orders, Manage orders and Add sltp. MQL source code included.
Files in the download: ProfitLossTrailEA_v2.16.mq4, Best Trading Systems.url.
Settings
| Setting | Default | What it does |
|---|---|---|
| Set manage orders | ||=============== Manage Orders ======== | |
| Manage orders | Order_By_Order_All_Symbols | |
| Add sltp | ||=============== Add SL/TP ============ | |
| Put take profit | true | Take profit distance |
| Take profit pips | 20.0 | Take profit distance |
| Put stop loss | true | Stop loss distance |
| Stop loss pips | 20.0 | Stop loss distance |
| Trailing sl | ||=============== Trailing SL ========== | Trailing stop distance or switch |
| Use trailing stop | true | Trailing stop distance or switch |
| Put stop loss after | 0.0 | Stop loss distance |
| Trailing stop | 5.0 | Trailing stop distance or switch |
| Trailing step | 1.0 | Trailing stop distance or switch |
| Use break even | false | Move the stop to break-even |
| Break even after | 10.0 | Move the stop to break-even |
| Break even pips | 5.0 | Move the stop to break-even |
| Delete sltp | ||=============== Delete SL/TP ========= | |
| Delete take profit | false | Take profit distance |
| Delete stop loss | false | Stop loss distance |
| Advanced sets | ||=============== Advanced Sets ======== | |
| Magic number info1 | >0 = modify identifier orders | Magic number that tells this EA's orders apart |
| Magic number info2 | 0 = modify all orders | Magic number that tells this EA's orders apart |
| Magic number info3 | -1 = modify only manual orders | Magic number that tells this EA's orders apart |
| Magic number info4 | -2 = modify only chart symbol orders | Magic number that tells this EA's orders apart |
| Magic number | -2 | Magic number that tells this EA's orders apart |
| Sound alert | true | 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.
Tags: MT4 Expert Advisor · MQL4 Source Code