Parabolic_TrailingStop - MetaTrader 5 Expert - MT4/MT5 Resources
The stop loss value of an open position changes when the following conditions are met:
The input to this utility is:
Attachment download
📎 parabolic_trailingstop.mq5 (7.35 KB)
Source: MQL5 #20201
Parabolic_TrailingStop - MetaTrader 5 expert usage and filtering advice
Parabolic_TrailingStop - MetaTrader 5 Expert belongs to MT5 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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