In this video, I review and describe techiques for calculating and applying trailing stops from your experts in MetaTrader.
Create Trailing Stop Methods in MetaTrader 5: Part 1
Create Trailing Stop Methods in MetaTrader 4: Part 1
A trailing stop can help protect your profits by automatically adjusting your stop-loss order as the market moves in your favor. We’ll start with the basics and gradually move on to more advanced techniques for creating effective trailing stop methods.
Throughout the video, we’ll be using the MQL 4 or 5 programming language to write custom code that you can use in your own expert advisors.
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