This is a simple EA to setup trail stop loss to 1 order’s open price when this order has already had some open profits.
Enter your order ID – the number of the order in the first column
When Open Profit is over ($) _, reset SL – For example, if set 100, it means if this order has an open profit of $100, then reset its stop loss level to open price.
Points for attention:
1. Please apply this EA on an active order, and not on a pending order.
2. Open Profit should not be set too small.
You acknowledge and understand there is a significant degree of risk involved in trading securities, especially in Forex/stock/commodity trading with leverage. Please be cautious.
Any performance results in this EA represent past performance, are not a guarantee of future performance, and are not indicative of any specific investment.
This EA is for reference only. I have no right or obligation to any profit or loss caused by this EA.
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DISCLAIMER: Please read carefully before you decide to invest in Forex Market
- Forex Trading is dangerous and can result in a substantial loss of money. Due to the uncertain nature of the Forex market, there is no guarantee that our products will produce any favorable results. Before you purchase, please read our RISK DISCLAIMER.
BEAR THIS IN MIND: The Forex market changes from day to day, and that past performance can therefore not be guaranteed to repeat in the future. Past performance shown and in videos may use aggressive trading approaches and risk management to prove the potential of the Forex robot over long periods. Because of this, we recommend that you test the EA on your own broker account using many variations of currencies, time frames, and settings to make sure you experience favorable results in current market conditions before trading live accounts.
- Forex Trading EA/Robot is just a piece of Programming to Sophisticate your trading but never guarantee your winning.
- Trading foreign exchange on margin carries a high level of risk and may not be suitable for all investors. No representation is being made that any account will or is likely to achieve profits or losses similar to those that may be shown.
- Past performance is not indicative of future results. Individual results vary and no representation is made that clients will or are likely to achieve profits or incur losses comparable to those that may be shown.
- Before deciding to trade products, you should carefully consider your objectives, financial situation, needs, and level of experience. The possibility exists that you could sustain a loss of some or all your deposited funds and therefore, you should not speculate with capital that you cannot afford to lose.