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Trailing Stop On Profit MQ4

Original price was: $599.00.Current price is: $0.00.

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A trailing stop on profit in MQ4 is a dynamic stop-loss order that adjusts as the market price moves in favor of the trade. It helps lock in profits by trailing the stop-loss level at a set distance below the market price, ensuring gains are protected while allowing for potential further upside. This tool is particularly useful for traders looking to maximize profits while minimizing risk.

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Trailing Stop On Profit MQ4: A Comprehensive Guide

Introduction

Understanding the concept of trailing stop on profit in MQ4.How this strategy helps in maximizing profits and minimizing risks.

Minimum Deposit

  • Recommended Minimum Deposit:
    • For beginners: $300
    • For experienced traders: $1,000
  • Reasoning: Ensuring sufficient margin to handle market fluctuations.

Time Frame to Run

  • Optimal Time Frames:
    • Short-term: M15, M30
    • Medium-term: H1, H4
    • Long-term: D1
  • Selection Criteria: Based on trading style and market conditions.

trailing stop on profit mq4

trailing stop on profit mq4

trailing stop on profit mq4

Currency Pairs to Run

  • Recommended Currency Pairs:
    • Major Pairs: EUR/USD, GBP/USD, USD/JPY
    • Cross Pairs: EUR/GBP, AUD/JPY
  • Reasoning: High liquidity and lower spreads.

Strategy Execution

  • Entry Points:
    • Indicators Used: Moving Averages, RSI
    • Signal Confirmation: Price action patterns
  • Trailing Stop Mechanism:
    • Initial Stop-Loss: Set at a safe distance from entry point.
    • Trailing Distance: Adjusted based on market volatility.
  • Exit Points:
    • Profit Target: Defined based on risk-reward ratio.
    • Stop-Loss Adjustment: Trailed to lock in profits as the market moves favorably.

Benefits of Using Trailing Stop On Profit MQ4

  • Risk Management: Protects gains while allowing for potential upside.
  • Flexibility: Adapts to market movements.
  • Automation: Reduces the need for constant monitoring.

How to Get Started

Conclusion

  • Summary: Recap of the benefits and execution of the trailing stop on profit strategy.
  • Call to Action: Encouraging traders to download the EA and join the community.

STAY UPDATED:

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https://www.mql5.software/product/trailing-stop-on-profit-mq4/

https://www.fxcracked.org/product/trailing-stop-on-profit-m4/

https://www.yoforex.org/product/trailing-stop-on-profit-mq4/

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🔔😎Happy Trading😎🔔

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Standard Within 3-4 working days
(07:00 - 19:30hrs)
Weekdays Only (only applies to orders placed before 6pm) $3.95
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Premium Sunday Delivery Sunday Delivery (07:00 - 19:30hrs) Delivered Sunday with a 1 Hour delivery slot and Tracking. (only applies to orders placed on Friday before 2pm) $7.95

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