Thread: Trailing Stop
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Old 07-05-2009, 05:32 AM
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phil838 phil838 is offline
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Join Date: Aug 2008
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Quote:
Originally Posted by o990l6mh View Post
If you set a trailing stop in MT4 at 50 pips, it doesn't start moving until you're 50 pips in profit as opposed to Oanda where it starts moving as soon as you're 1 pip in profit.

I'm sure there's custom script or expert somewhere that mimics Oanda's style but I haven't looked for it.
Ah, that would explain my confusion then!

There are about 5 different trailing stop EA's here Index of /_MT4_Experts

I haven't tested any of them, but a casual glance at the code suggests at least a couple of them do what you're needing.
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