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simple trail EA

Discussion in 'Has anyone heard of?' started by buju357, Apr 2, 2010.

  1. buju357

    buju357 Recruit

    Joined:
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    I see DMW EA Development has added a new EA.

    Simple Trail EA

    Simple Trail EA (DMW EA Development)

    here is some more info:

    Introduction
    ------------
    This EA will move the stop loss (S/L) on your MetaTrader 4 terminal up or down depending if the trades are

    buy or sell automatically depending on the settings that have been entered.

    Setup
    -----

    copy the simple-trail-v1.3.ex4 into C:\Program Files\"your broker"\experts.
    restart MT4 to see the EA under experts.

    Settings
    --------

    The following can be configured in the EA:
    1. Trail value in pips , if using a 4 digit broker then use a value example 10 for 10 pips , or for a 5

    digit broker use a value 100 for 10 pips.

    2. Your own comment displayed on the chart.

    3. sound - true or false , if true then a tick sound will be heard every time the stop loss is moved.


    some helpful info
    ------------------
    don't set the stop loss too low , as the market moves up / down your trade might be closed if the stop loss

    is set too low , once you have entered trade give it enough space ( IE stop loss) to reach a profit , I

    recommend a minimum of 10 pips.



    The EA will also show: the last order that was modified , and current spread.
    This Ea will work for 4 or 5 digit brokers.
     

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