Trailing Stop Fr Cn SAR
Trailing Stop Fr Cn SAR is a script for MetaTrader 4 from the Old Kings collection. Judging by its name, it is built around Parabolic SAR and trailing stops. Its source code uses Parabolic SAR and fractals. It draws arrows on the chart. It has 13 settings, for example Trailing Stop (default 2), delta (default 0) and only Profit (default true). Drop it on a demo chart first to see exactly what it does. 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 Trailing Stop Fr Cn SAR
Trailing Stop Fr Cn SAR is a script for MetaTrader 4 based on Parabolic SAR and Fractals. It draws buy and sell arrows on the chart. It has 13 settings, such as Trailing stop, Delta and Only profit. MQL source code included.
Files in the download: TrailingStopFrCnSAR.mq4.
Settings
| Setting | Default | What it does |
|---|---|---|
| Trailing stop | 2 | 0 off |
| Delta | 0 | Parabolic |
| Only profit | true | |
| Only no loss | false | |
| Only sl | false | , SL |
| Symbol all | true | |
| Portfel | true | |
| Step | 0.02 | Distance between orders |
| Maximum | 0.2 | |
| Magic | 0 | Magic number that tells this EA's orders apart |
| Visualization | true | |
| Velosity period bar | 30 | Number of bars in the calculation |
| K velosity | 1.0 | Velosity |
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: Trailing Stop & Break-even · Buy/Sell Arrows · Parabolic SAR · Fractals · MT4 Expert Advisor · MQL4 Source Code