Quote:
Originally Posted by o990l6mh
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.
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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.