Understanding Trailing Activation
When it comes to maximizing your profits in trading, having the right tools can make all the difference. One such tool is the trailing feature in MetaTrader 5, and it's easier to use than you might think. The new parameter, Trailing activate if profit is >=, acts as your breakeven point for trailing. This means that the trailing feature kicks in once your position hits a profit of Trailing activate if profit is >= points.
Pic. 1. Trailing Activate
The great thing about this Expert Advisor is that it operates on the current symbol without any restrictions on the Magic Number. So, when you modify a position, it simply copies the Magic Number of that position. This allows for seamless trading and management of your positions.
- Activate trailing once you’re in profit
- No limit on Magic Numbers
- Easy position management
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