Trailing Udavka
Trailing Udavka is a script for MetaTrader 4 from the Old Kings collection. Judging by its name, it is built around trailing stops. It has 6 settings, for example i Ticket, i Trl dist 1 (default 30) and i Level 1 (default 50). 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 Udavka
Trailing Udavka is a script for MetaTrader 4. It has 6 settings, such as I ticket, I trl dist 1 and I level 1. MQL source code included.
Files in the download: TrailingUdavka.mq4.
Settings
| Setting | Default | What it does |
|---|---|---|
| I ticket | () | |
| I trl dist 1 | 30 | () ( MarketInfo(Symbol(),MODE_STOPLEVEL), trl_dist_2 trl_dist_3); |
| I level 1 | 50 | (), trl_dist_1 trl_dist_2 ( level_2; trl_dist_1); |
| I trl dist 2 | 20 | () level_1 ( MarketInfo(Symbol(),MODE_STOPLEVEL)); |
| I level 2 | 70 | (), trl_dist_2 trl_dist_3 ( trl_dist_1 level_1); |
| I trl dist 3 | 10 | () level_2 ( MarketInfo(Symbol(),MODE_STOPLEVEL)). |
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 · MT4 Expert Advisor · MQL4 Source Code