Basic Expert Advisor with Trailing Stop - Expert Advisor for MetaTrader 4 - MT4/MT5 Resources
Full-featured expert advisor with trailing stop function. Should not be used for trading as there are no entry/exit rules or any other rules!
Attachment download
📎 ea_basic_trailingstop.mq4 (7.37 KB)
Source: MQL5 #26802
Basic Expert Advisor with Trailing Stop - Expert Advisor usage and screening recommendations for MetaTrader 4
Basic intelligent trading system with trailing stop - MetaTrader 4's intelligent trading system belongs to MT4 EA related resources. Before downloading or referencing, it is recommended to confirm the platform version, transaction type, time period, whether DLL is required, whether source code is included, parameter description and historical update records.
Both automated trading tools and foreign exchange indicators should first undergo backtesting, simulated account observation, and small capital verification. Pay special attention to spreads, slippages, maximum drawdowns, position opening frequency, stop loss methods, trading periods and broker rules, and avoid direct real-time execution based only on titles or short-term profit descriptions.
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