Streamline Your Trading with the Updated Trailing Stop Template for MetaTrader 4

Mike 2014.06.06 23:44 21 0 0
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If you're looking to save some serious time in your coding efforts, you’re in the right place! This updated template is designed for Expert Advisor (EA) developers, featuring a Trailing Stop, adjustable autolots, and functions that scan previous candles to identify the highest and lowest order prices. It comes packed with ready-to-use scripts for buy, buystop, sell, and sellstop orders.

But that’s not all! We’ve rolled out a bunch of innovations to enhance your trading experience, like buy/sell blocks and limits on the maximum number of open orders for the current symbol. Plus, there’s a magic number feature to keep your manual orders safe from being modified by the script. This means you can trade manually and automatically without a hitch!

What’s Inside the Template?

  • eatemplate v3.mq4: This version includes my comments, so you can see how every line of code functions.
  • eatemplateclean v3: A streamlined version without comments for a clean coding experience.
  • eateamplateworking v3: This is the practical EA version that showcases the template in action.

Exciting Updates!

  • I've just updated my template! Now, orders are assigned a magic number, which prevents any script interference with your manually set orders. This means you can seamlessly combine manual and automated trading!
  • The template now features a new BA (stoploss) that moves to the order opening price plus the spread to ensure your trades are safer.
  • We've included buystop and sellstop orders with easy-to-modify inputs for order lifetime and distance in pips from the current price.
  • A working template is now available to demonstrate how everything operates.

Second Update!

  • I’ve also added a max spread limit feature. If the spread exceeds your set "maxspread," the orders simply won’t open. This is designed to keep your trading strategy intact and avoid unwanted surprises!
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