Trailing Stop withstart of trailing above 5 pips or points
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Trailing Stop with start above trade 5 points
Suppose Market price was 50
I add buy trade 1$ without stop loss
Now market reach 60
Trailing stop should have to appear from 55
And it keep follow upward like if market is 61 it follow to 56
If martket value return to 57 Trailing stop will remain at 56Kindly guide in detail
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@l-andorrà Hi, there. Can you explain this please. If you know.
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@EA_Builder012 @fxDreema @fxdreemabytpindy
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Do you mean your SL must consider profit only, and not price levels?
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I want SL shouldnot have to show or call until the market reach on top.
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Do you mean your SL must consider profit only, and not price levels?
Yes Please -
@l-andorrà Yes only once it comes on profit side it start trailing
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It works far bettere if done in PIPS/POINTS, that way lot size won't effect how it works. there is a start option in the block.
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@jstap Can you a little detailing please. Star block is also not available. Thanks
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This would wait until 10 pips in profit before moving the stop. It would then trail the stop 40 pips behind the price and move every time you gain 1 pip. this is forex, other assets are in points, you can backtest to watch what would happen (the tree should be separate to your buy/sell tree0
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I faced the same challenge a while ago. I wanted my trailing stop to wait until the trade was at least 5 pips in profit before activating. MT4's built-in trailing stop didn’t allow that, so I ended up writing a small custom EA.
Basically, I coded it to check if profit > 5 pips, and only then start moving the stop loss behind price. That gave my trades enough room to breathe before locking in gains.
It was a small tweak, but it made a big difference in how many trades stayed alive longer and captured more profit.
