Exp_TralingStop
This EA is a trailing stop utility that modifies existing positions' stop loss levels to follow price movement, locking in profits as the market moves favorably. It does not open its own trades but manages stop loss levels on already-opened positions based on configurable trailing parameters.
Open the interactive view (equity curve, symbol switch)Key facts
Backtest results (H1, about 1 year)
Not backtested yet — this EA could not be converted automatically.
Strategy analysis
This EA is a pure trailing stop management utility with no autonomous trade-opening strategy logic. Its activation condition is: when an existing position's floating profit reaches a specified Trailing Start threshold, the trailing stop function begins operating. Exit conditions are not directly triggered by this EA; instead, it continuously tightens the stop loss level until market price hits the stop to close the position. Regarding position sizing, this EA does not calculate opening lot sizes as it only manages stop loss levels on existing positions. For money management, it locks in floating profits through the trailing stop mechanism, preventing winning trades from turning into losing ones. The core logic is: when price moves favorably by a specified number of points, the stop loss is moved to breakeven or a profit level, and as price continues moving, the stop follows while maintaining the configured trailing distance.
Strengths
- Simple and easy to use with clear logic, suitable for beginners
- Effectively locks in floating profits, preventing winning trades from becoming losers
- Flexible configurable parameters supporting custom trailing start and step values
Weaknesses
- Only provides trailing stop functionality, lacking other risk controls like partial close or breakeven stop
- Does not support multi-strategy combinations, single function only
- May get stopped out by short-term volatility due to improperly set trailing distance, after which price continues favorably
Possible improvements
- Add breakeven stop functionality that automatically moves stop loss to entry price after reaching a certain profit level
- Add ATR-based dynamic trailing distance adjustment to adapt to changing market volatility
Risk assessment
Overall risk: Safe
- Trailing distance set too small may result in frequent stop-outs during volatile markets
- Not checking if a position already has a stop loss may unexpectedly overwrite manually set stop levels
Evaluation scores
Parameters
| Parameter | Default | Description |
|---|---|---|
TrailingStop | 30 | Tick-level trailing stop distance in points |
TrailingStep | 5 | Trailing stop step in points, minimum distance per move |
TrailingStart | 10 | Profit threshold in points to start trailing |
MagicNumber | 0 | EA magic number for identifying managed positions |
ApplyToAllSymbols | true | Whether to apply to all trading symbols |
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Backtests are historical simulations and do not guarantee future results. Not financial advice.