E-Trailing Script
Forex automatic trailing stops from the best E-Trailing Script for MT4. Set trailing stops automatically on forex pairs.
Description
The E-Trailing Script is a simple MT4 Script that sets trailing stops on the positions. The Script applies trailing stops on the current and future positions.
Trailing stops are helpful if you want to hold the position for a long time and move with the price action, thus trailing the price as you move your initial stop-loss.
The good thing about the E-Trailing Script is that it works on every timeframe.
How to use the E-Trailing Script for MT4?
The above chart shows the E-Trailing Script.
Once you apply the Script, it’ll automatically apply trailing stops on your future positions. You can adjust the Script according to your strategy or how long you want to hold the trade.
The Script will move along the price; this way, your initial stop-loss will trail with the price, and you will not lose anything on that trade.
Conclusion
The E-Trailing for MT4 alerts sets the trailing stops automatically in your positions. Once you apply, it’ll follow the price action and move stops accordingly.
If you want, you can download the Script for free on our website.
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