e - Trailing
Info
The e - Trailing is a Script for MetaTrader 4 that this is a 4-script package named 'e - trailing'. It offers traders a reliable toolset within the MetaTrader ecosystem.
Usage
This tool is typically used for enhancing chart analysis and decision making.
Platform
This Script works exclusively on MetaTrader 4 (both build 600+ and newer versions).
Setup
Place the downloaded file in MQL4/Scripts folder via File ? Open Data Folder in MetaTrader 4.
How to Install and Use e - Trailing
1. Installation: Move your script file into the MQL/Scripts directory and restart the platform.
2. Execution: Drag the script onto a chart; it will perform a one-time action, such as closing all open orders or clearing chart objects.
3. Editing: Use MetaEditor (F4) to modify code, click "Compile," and verify no errors appear in the terminal before running.
4. Removing: Scripts stop automatically, but you can remove them manually by right-clicking the chart and choosing "Remove Script."
Frequently Asked Questions
Q: How are scripts different from EAs? A: Scripts execute a single action and then stop; EAs monitor the market and trade continuously.
Q: Can I assign a hotkey to a script? A: Yes, right-click the script in the Navigator, select "Set Hotkey," and define your preferred keyboard shortcut.
Q: Why did my script stop? A: Scripts are designed to stop immediately after finishing their programmed command; this is normal behavior.
What this tool does
This is a 4-script package named 'e - Trailing'.
Typical Use Case
This Script excels in automated trading and technical analysis on MetaTrader 4.
Compatible Platform & Setup
This Script works on MetaTrader 4. Place the file in the MQL4/Scripts folder and restart the terminal.
Description & Settings
Related: e-v trailing by profit expert advisor - another powerful script for MetaTrader 4 traders.
This is a 4-script package named 'e - Trailing'. It offers traders a reliable toolset within the MetaTrader ecosystem. The scripts adhere to the standard MT4/MT5 conventions, ensuring a seamless integration process. Installation is straightforward, catering to both novice and seasoned traders.Also recommended: e-so trailing expert advisor - similar script with strong performance on MetaTrader 4.
These scripts are designed to automate various tasks, enhance decision-making processes, and provide valuable analytical insights, depending on their specific categories.
You may also like: trailing stop for all orders - excellent alternative for script users on MetaTrader 4.
Source Code
#property copyright "robotfx"
#property link "https://robotfx.org"
extern bool allpositions =false; //
extern bool profittrailing=true; //
extern int trailingstop =15; //
extern int trailingstep =2; //
extern bool usesound =true; //
extern string namefilesound ="expert.wav"; //
void start()
{.......
⚠ Limitations & Risk Warning
- This tool is provided for educational and testing purposes only.
- Past performance does not guarantee future results.
- Trading involves substantial risk of loss. Use on a demo account first.
- Results may vary depending on market conditions, broker, and settings.
- We recommend thorough backtesting and forward testing before using with real funds.