Trailing Stops on Pending Orders

thread: Trailing Stops on Pending Orders

  1. #1

    Trailing Stops on Pending Orders

    A small newcomer question, so I figured this was a fantastic place to ask it... I am currently trading breakouts of the daily high/low. What I want to be able to do would be once my buy stop / sell stop is calculated, to place a trailing stop after a specific gain was reached. Thus far, I am only able to see how to place a trailing stop on as soon as the order is filled. Is there a manner in MT4 to do this after the trade has reached, state, 10 pips? Can this just be accomplished through an EA or manually viewing the trade?

  2. #2
    Junior Member javiiisanchwz22's Avatar
    21
    You might even put alarms on the chart and move your SL as price gets there.

    I know there are scripts which can also do that.

    Best of fortune

  3. #3
    I actually have created an EA just for that. It works for both US and Non US. Plus you can place it on multiple charts that's fantastic. I personally prefer to use it to the EURJPY as price shifts into the new day. If you're interested I would like to share.
    Sure, I'll give it a go. Thank you!

  4. #4
    Junior Member juanferblazforex's Avatar
    21
    Here you go.

    It's pretty Simple to Use.

    But should you want any information I included a simple PDF. Other than that just ask.

    It functions on both US and Non US accounts and there is a setting for pending orders too.
    https://www.cliqforex.com/attachment...1834147847.zip

  5. #5
    Junior Member juanferblazforex's Avatar
    21
    I actually have created an EA just for that. It works for both US and Non US. Plus you'll be able to place it on multiple charts that's great. I personally like to use it to the EURJPY as price changes into the new day. If you are interested I would love to share.

  6. #6
    Here you go. It is pretty easy to use. But if you need any advice I included a PDF. Other than that only ask. It works on both the US and Non US accounts and there's a setting for pending orders as well. document
    Thank you, kind sir

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