Hi there,
first of, can you only run one EA at a time on MT4? If I have an EA for a strategy and an EA for SL/TP, what are my options? Code the SL/TP EA into the EA for my main strategy?
And then, below a screenshot of the settings of the EA. I'm not too familiar with EAs or trailing stop. If I change it to the desired parameters, it moves the SL to BE earlier than I want.
Below the current settings:
I'd like to have a max Take Profit of 25 Pips, SL 10 Pips. SL move to BE at +8. SL should be then moved every 2 Pips and it should be a dynamic trailing stop, meaning should get smaller the closer it gets to TP. Can someone maybe advice what to use for 'Target Pips to Lock Profit' and 'Profit to lock' .
Any help would be greatly appreciated.
first of, can you only run one EA at a time on MT4? If I have an EA for a strategy and an EA for SL/TP, what are my options? Code the SL/TP EA into the EA for my main strategy?
And then, below a screenshot of the settings of the EA. I'm not too familiar with EAs or trailing stop. If I change it to the desired parameters, it moves the SL to BE earlier than I want.
Below the current settings:
I'd like to have a max Take Profit of 25 Pips, SL 10 Pips. SL move to BE at +8. SL should be then moved every 2 Pips and it should be a dynamic trailing stop, meaning should get smaller the closer it gets to TP. Can someone maybe advice what to use for 'Target Pips to Lock Profit' and 'Profit to lock' .
Any help would be greatly appreciated.