Expert Advisor Template with Trailing Stop v2 - Expert for MetaTrader 4
This is the template Expert Advisor coders use to reduce coding time. It includes features such as trailing stops, automated trading (true or false), and the ability to scan previous candles to find the lowest and highest past order prices. Prepare to use buy, buystop, sell, sellstop scripts.
There are more innovations to make it work even better, such as opening buy, sell blocks or maximum orders on the current symbol. Magic numbers etc.
Attachment download
📎 eatemplate_v3.mq4 (17.53 KB)
📎 eatemplateclean_v3.mq4 (9.84 KB)
📎 eatemplateworking_v3.mq4 (12.43 KB)
Source: MQL5 #11318
Expert Advisor Template with Trailing Stop v2 - Expert usage and filtering recommendations for MetaTrader 4
This content can be used as a data entry for foreign exchange EA, indicators, trading systems or quantitative strategies. When reading, it is recommended to make a judgment based on the platform version, trading type, time period, risk control method and historical discussion background. Do not use it directly based on the title or a single point of view.
If the content involves MT4/MT5, ForexFactory, MQL source code, TradingView indicators or strategy discussions, you can give priority to the parameter logic, backtest environment, market stage, execution cost and failure conditions, and then decide whether to continue downloading, reviewing or secondary development.
Risk warning
For any EA, indicator or automatic trading strategy, it is recommended to first conduct historical backtesting, simulation account verification and small capital testing. Grid, Martin, high frequency, recovery and examination strategies especially require setting the account risk upper limit, single variety risk upper limit and manual deactivation conditions.
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