Trailing Star - MetaTrader 5 Expert | MT5 EA Download - MetaTrader 5 Resources

The default trailing stop allows you to take a safe approach to trading, ensuring that if a reverse move occurs, you will receive a guaranteed profit.

But sometimes you want your trailing stop to take effect when you have a large profit.

Because I set your trailing stop too early. Spreads may bring you losses instead of profits.

And you don’t have time to wait for a good opportunity to set a trailing stop.

This is where the trailing star comes in.

Trailing Star will activate trailing stop only if the following conditions are met:

1) If you set an entry price: the trailing stop will start from that price

2) If you set a point input: the trailing stop will start from the changed point

More free tools can be found at: https://github.com/phamngocvinh/galaxy-trader

Attachment download

📎 trailing_star_price-v1.0.mq5 (3.79 KB)

📎 trailing_star_point-v1.0.mq5 (4.04 KB)

Source: MQL5 #38226