Metatrader 4 trailing stop problem 5 1a
Would you like to know how to drag and drop stop loss and take profit levels in MetaTrader 4 MT4? In the past, you needed to use EAs to do this, but today, you can simply use the built-in drag-n-drop features of MT4. Metaquotes creators of MT4 have also added a built-in script to create custom time frames in MT4. Luckily, our helpful community of coders have found ways around this limitation. The first thing you need to do in order to drag and drop your stop loss and take profit levels in MT4 is make sure that your levels are showing up on your charts. Make sure to re-save your template after making any changes to trailing chart Properties. Click, drag, and release to reposition your level. It appears that Metaquotes actually listens to its users. The ability to drag and drop stop loss and take profit levels in MT4 is a nice addition. What feature would you like to see in MT4? Leave a comment trailing. Still looking for a profitable trading system? Only 3 were profitable! Learn more about my 1 recommended trading system, Day Trading Forex Live. Please how do i set up this script for a trade i would want the SL of 10pips problem trail by 5pips from market price while the TP of 15pips moves continuously from the market price. I use this EA to drag and drop TP and SL levels, to scale out of positions with certain trading strategiesproblem to automatically move my stop loss to break even and sometimes lock metatrader some pips after price moves a certain amount in my favor. I recommend downloading the EA, and testing the different features on a demo account. I never use that feature. I use this EA for the drag-n-drop and break even features. There is a manual for metatrader EA. Also, do you think the EA can still work if it is added to the chart only after I open a position? Would one action cancels the other? Would the open positions be updated on modifications on the EA after the open positions are executed? You can add this add this EA at any time. Also, one action should cancel the other. When I use this, I typically add it to the chart of my already stop trade. Just my perspective thats all. Hi chris, I have metatrader using the quik trailng ea for some time now Just recently since changing to the latest mt4 with one click trading i can no longer drag and drop the stop loss lines. When i double stop the line the mt4 order box appears. When i change the values and set to true it does not change on chart. Any help would be appreciated. Just some limited demo trading experience, in which I did not use this EA, as far as I can remember. In other words, if you try to edit these values after a trade is opened, the changes will not update on your chart immediately; but the EA should execute your new values on the next trade. Drag the SL or TP line a little bit. A yellow line will appear where the line was, quickly double-click the new line. A little box square appears at the end. Now you can drag it and place it where you want. The original line will follow and become one. My new Trade Test Demo account uses a one-click-trading EA. Trailing click the button to TURN OFF your Expert Advisors while you make your adjustments. Then turn them back on again. Are you able problem set the tp and sl numbers automatically from ones given by an indicator, or do you have to manually insert them? Metatrader for the kind words, James! In the input settings, you can change it to have automatic TP and SL numbers if you like. You can also add them manually. Is there anyway i can contact the author…i could have my stop do it but would need the MQL4 file not the. Will dragging the SL and TP from the navigator work correctly with the trade that is currently stop I had issues with those earlier. If your SL and TP levels are showing up in Mt4, you may not have to, though. It is working now. Have you ran into issues of putting a pending order, and getting filled at market wherever you drop it? Or a BUY pending order when the price is abobe the order, because it matters where you drop it. If it problem below the price, then a SELL gets placed, and if you place the order above the current price, then a BUY order is placed. Do you know how to work around that? I think I had that happen to me when I first used it, but I usually added it to the chart after I entered my trade. Today I was on a trade with NZDUSD and my trade was closed way before the stop loss line. It is almost impossible to use MT4 when it is closing trades before they actually hit the STOP LOSS line. Also, I notice stop it also rarely closes on the SELL TP line in MT4 too — though Stop am told this is not MT4 it is the fault of the broker — neither will take responsibility as the broker blames MT4. Usually the TP on the BUY is okay from what I can tell, but I have lost many trades due to trailing not actually CLOSING on the SELL line when I reach my TP. I have actually not received an honest explanation about this. I watch most of my trades and I can see it happen in real time. I was shocked this morning to see another trade CLOSED before it trailing the actual SL line and sad to see it NOT close whenever it hits the SELL TP line. Sounds, to me, like your broker is adjusting the spread to take out your stops and keep you in plays that you should have already profited from. Some brokers will widen the spread just enough to take out your stops if enough other traders also have stops there. They can also keep you in plays that should have profited this stop, but I imagine that happens less often. It happens all the time. That would be my guess, though. This EA solves the problem. Trailing website too, just stumbled on it. Have a LOT of reading to do now! Thanks for the kind words. Thanks for the EA Chris. Have not used it yet but will. I am a new trader……do you have a broker you think is good in the USA? I would recommend FXCM. FXCM has been around trailing a while and is a trusted name. In Metatrader, this means your week will consist of 5 daily candles. This is bad for price action trading on the daily chart and everything lower than a daily chart. A third and much more expensive option is to invest in a charting problem like eSignal or get TradeStation or Ninja Trader with a premium signal problem. The only modification I would love to see is for the SL to move to the trailing step level when the trailing stop starts. The logic for this is that generally I take profits at stop pips but if I had the above facility I might be able to squeeze some extra pips if the price action was particularly strong at that point. I understand, but I thought that metatrader already possible. I never used it that way, metatrader I thought you could start your trailing stop as close to price as you wanted. I picked this metatrader on another forum not sure which onebut there are some other places on the web where you might find some help with this. If all else fails, you could pay to have it outsourced at Elance or something similar. That would be cool, Norman. For now, you can use this EA to do it: Notify me of followup comments via e-mail. You can also subscribe without commenting. START HERE BLOG REVIEWS DAY TRADING FOREX LIVE. Chris April 17, What do the ratios mean? Chris May 30, Freddie Hay May 20, Hi there, Just installed it, many thanks. Keith June 6, Chris June 12, I wish Problem could be more helpful trailing that. Let us know if you get it figured out. Dan October 10, Chris November 12, James November 18, Chris January 9, Lloyd November 25, This EA is great Problem, thanks. Chris March 19, Chris March 21, I did find a manual for this EA, though. I added the manual to this Trailing. Victor April 10, Chris April 11, Victor April 11, How do I reset them? Chris April 13, Re-enter stop levels manually. Victor April 14, Chris April 15, Rick June 1, metatrader Usually the TP on the BUY is okay from what I can tell, but I have lost many trades problem to it not actually CLOSING on the SELL line when I reach my TP I have actually not received an honest explanation about this. Any thoughts on how to fix this????? Chris June 2, Chris July 18, Bob July 25, Chris August 13, The Quik EA is something I have been looking for. Chris September 12, Norman Manzon January 30, Chris January 30, Add Comment Cancel reply Notify me of followup comments via e-mail. Harmonic Cypher Pattern Trading Guide. Metatrader Best Candlestick Pattern Indicator for MT4. Trading the Shooting Star Candlestick Pattern Pinbar.
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