Trailing take profit

hossein · **Joined:** Sun Mar 01, 2015 6:52 am **Posts:** 3

Hi,

I am testing a strategy that needs to trail TP (Take Profit). It is like locking loss when the market goes against you. I know it is very strange.
I need to trail Take profits exactly like Stop Lost. ( Trailing by tick and also completed Bar ). Are there any codes that I should add to my EA MQL4? if so, where and how. Please let me know If you can help me.

Thanks

admin · **Joined:** Fri Oct 16, 2009 3:40 pm **Posts:** 451

You could copy the code for trailing stops and change it for tp. Unfortunately you will need to edit the ea manually and add the code since we do not offer that feature of trailing tp.

hossein · **Joined:** Sun Mar 01, 2015 6:52 am **Posts:** 3

Hi,

Is it possible for you instruct me to do that ?

I would appreciate if you help me.

Thanks

molanisfx · **Joined:** Tue Dec 22, 2009 12:22 am **Posts:** 1761

Unfortunately changing that code is a complex task and cannot do it for you
Besides, how is a trailing tp going to work? If the price move on your favor you move the tp up? if you keep doing that when is the position going to close due to hitting the tp?

hossein · **Joined:** Sun Mar 01, 2015 6:52 am **Posts:** 3

|Thanks,

Not the problem. I will figure it out.

Thanks

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Trailing take profit