Basic Trailing Stop – expert for MetaTrader 4

  • A+

Real author:

Inovance -

Add a trailing stop to your entry signals. Simply put in your entry conditions so that the LongRule() function returns "1" when long conditions are met and the ShortRule() function returns "-1" when the short conditions are met. You can set the trailing stop distance, in pips, as an external input.

Trailing stop will adjust at each tick.

Basic Trailing Stop Inputs


  • Will work on 4 and 5 digit brokers.
  • Always test on demo account first.
  • Does not include exit logic besides Trailing Stop.
  • Example strategy shown in template.


:?: :razz: :sad: :evil: :!: :smile: :oops: :grin: :eek: :shock: :???: :cool: :lol: :mad: :twisted: :roll: :wink: :idea: :arrow: :neutral: :cry: :mrgreen: