This MetaTrader expert advisor functions as a trade manager that automates stop loss adjustments for existing positions. It specifically waits until a trade reaches a user-defined profit threshold in points before initiating a trailing stop. The tool includes flexible filtering options to manage specific symbols, magic
Trade manager · MT4 · MT5
MA Trailing Stop
MA Trailing Stop is a trade management expert advisor for MetaTrader 4 and MetaTrader 5.
GitHub stars4
Forks1
Last update1 year ago26 May 2025
LicenceApache-2.0
Latest release1.021 year ago
Overview
MA Trailing Stop monitors open positions and automatically adjusts stop-loss levels based on the value of a moving average indicator. Users can customize the indicator period, method, and shift to suit their strategy. The tool includes filtering options to apply the trailing logic only to specific symbols, trade types, or magic numbers. It features a profit threshold to delay trailing until a position is in gain and provides alerts via mobile, email, or desktop.
- Trailing stop-loss based on moving average values
- Filtering by magic number, symbol, and trade type
- Profit threshold to trigger trailing activation
- On-chart graphical control panel
- Desktop, mobile, and email notification alerts
Details
Author
EarnForex on GitHub
Type
Trade manager
Platform
MetaTrader 4 (MQL4) and MetaTrader 5 (MQL5)
Markets
Any symbol
Timeframes
Any timeframe
Risk profile
No grid, martingale or hedging logic was found in its code or README. That says nothing about how it performs: backtest it first.
Topics
expert-advisorforexforex-tradingmetatradermetatrader-4mql4mql5mt4mt5stop-loss
Input parameters
Read from MQLTA MT5 MA Trailing Stop.mq5. Defaults are the author's; change them in the EA's Inputs tab.
| Name | Type | Default | Description |
|---|---|---|---|
Comment_1 | string | ==================== | Expert Advisor Settings |
MAPeriod | int | 25 | Moving Average Period |
MAShift | int | 0 | Moving Average Shift |
MAMethod | ENUM_MA_METHOD | MODE_SMA | Moving Average Method |
MAAppliedPrice | ENUM_APPLIED_PRICE | PRICE_CLOSE | Moving Average Applied Price |
Shift | int | 0 | Shift In The MA Value (0 = Current Candle) |
ProfitPoints | int | 0 | Profit Points to Start Trailing (0 = ignore profit) |
Comment_2 | string | ==================== | Orders Filtering Options |
OnlyCurrentSymbol | bool | true | Apply To Current Symbol Only |
OnlyType | ENUM_CONSIDER | All | Apply To |
UseMagic | bool | false | Filter By Magic Number |
MagicNumber | int | 0 | Magic Number (if above is true) |
Show all 27 inputs
| Name | Type | Default | Description |
|---|---|---|---|
UseComment | bool | false | Filter By Comment |
CommentFilter | string | | Comment (if above is true) |
EnableTrailingParam | bool | false | Enable Trailing Stop |
Comment_3 | string | ==================== | Notification Options |
EnableNotify | bool | false | Enable Notifications feature |
SendAlert | bool | true | Send Alert Notification |
SendApp | bool | false | Send Notification to Mobile |
SendEmail | bool | false | Send Notification via Email |
Comment_3a | string | ==================== | Graphical Window |
ShowPanel | bool | true | Show Graphical Panel |
ExpertName | string | MQLTA-FRTS | Expert Name (to name the objects) |
Xoff | int | 20 | Horizontal spacing for the control panel |
Yoff | int | 20 | Vertical spacing for the control panel |
ChartCorner | ENUM_BASE_CORNER | CORNER_LEFT_UPPER | Chart Corner |
FontSize | int | 10 | Font Size |
How to install it
- 1Download the sourceUse "Download source (.zip)" above, or clone EarnForex/MA-Trailing-Stop from GitHub, and unzip it.
- 2Open the data folderIn MetaTrader choose File, then Open Data Folder, and go to MQL4/Experts or MQL5/Experts.
- 3Copy the filesCopy the .mq4 / .mq5 file into Experts, and any .mqh files into the Include folder the code expects.
- 4Compile in MetaEditorOpen the file in MetaEditor and press Compile. Fix any missing includes the compiler reports.
- 5Test before you tradeRun it in the Strategy Tester, then attach it to a demo chart and allow algorithmic trading.
Third-party code. ForexR did not write, test or endorse this EA, and the summary above was generated automatically from its README and code. ForexR lists only repositories with readable source code and never hosts files. Read the code, backtest it and use a demo account first; automated trading can lose money quickly.
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