Breakeven EA In Conjunction With Trailing Stop

Trading Discussion
1

Hello All,

I would like to use a breakeven EA in parallel with a trailing stop such that:

  1. Trade hits positive return.
  2. Breakeven EA kicks in at lets say 5 PIPS and moves Stop Loss to BE.
  3. Trailing stop kicks in after lets say 10 PIPS.

Does anyone know if this’ll work? For sanity, what I’m asking is: does the use of a breakeven EA inhibit/impair the use of trailing stops, i.e, do they both work together in MT4, or can you only use one without the other?

Thanks!
CPY