Trailing Equity. Expert Advisor | MT5 EA Download - MetaTrader 5 Resources

Trailing Equity. Expert Advisor review and download instructions

This article organizes EA related to CMillion Expert Advisor. The content has been removed from the Russian language and external website promotion information, and has been reorganized according to the common concerns of foreign exchange EA users, making it easier to judge whether it is suitable for real trading or testing environments.

strategic positioning

This type of EA is usually used in automated trading scenarios of MT4 or MT5. Before formal use, you should first confirm the trading variety, cycle, spread, slippage, leverage and broker execution conditions to avoid directly treating a single historical performance as a future profit expectation.

Testing recommendations

It is recommended to test separately in a demo account and a small capital account first, focusing on observing the maximum drawdown, continuous losses, holding time, news market performance, and the sensitivity of parameters to different market stages.

Key points of English page

I present you a free Trailing by Equity.

This is a very convenient and necessary tool for those who have no time to sit at the monitor or if you just want to get a certain profit, fix it and close all open orders on the account.

The Expert Advisor is fully automatic, but if you want to interfere with its work, there is a Close button for this. The “Close” button allows you to close all currently open positions.

T otal_Profit_Start = 5000; // the amount in USD from which to start the trailing

profit_percent = 1; // % Percentage of profit to start the trailing

profit_rollback = 0.5; // % The percentage of rollback for closing all orders

Example of the Trailing on equity with the settings shown above: if the Equity is less than $ 5000 then the trawl does not work, but monitors the situation on the account. If we scored 1% over $ 5000, ie 5005$ then the trawl is included in the work and at 0.5% rollback, that is, at 5002.5 will close all positions. If equity rose to 5010, For example, it will close at 5005 …. the Trawl works on all positions of the account, without dividing by magics and by currencies. That is, all orders for all currency pairs open at the moment are taken into account.

Suggestions for expanding the functions write to me

The adviser is completely free, you can use it on any MT4 accounts. You can download the adviser here:

Risk warning

EA cannot eliminate market risk. Grid, martin, scalping, arbitrage, and high-frequency strategies are particularly dependent on the trading environment. Stop-loss logic, order quantity limits, and capital occupation under abnormal market conditions should be separately evaluated before placing a firm offer.