Trailing Stop on Profit EA is a free expert advisor designed to automatically manage your stop-loss levels as the market moves in your favor. Instead of relying on indicators or manual adjustments, this EA follows a simple rule-based system to protect profits and reduce losses.

It is compatible with both MetaTrader 4 and MetaTrader 5 and works seamlessly in the background once configured.

What Is a Trailing Stop?
A trailing stop is a dynamic stop-loss that moves closer to the current price as the trade becomes profitable.

When price moves in your favor:

• The stop-loss follows at a fixed distance
• Profits are gradually locked in
• Losses are limited automatically

This approach follows one of the most important trading principles:
“Cut losses short and let profits run.”

Trailing stops are widely used by professional traders as part of strong risk management strategies.

What Is Trailing Stop on Profit EA?
Trailing Stop on Profit EA is an open-source MetaTrader expert advisor that automatically moves your stop-loss once a predefined profit level is reached.

Unlike standard trailing stops that start immediately, this EA allows you to:

• Activate trailing only after reaching a certain profit
• Control the trailing distance precisely
• Apply it to specific orders or all trades

Once triggered, the stop-loss continues to move as price advances further in profit.

Why Use Trailing Stop on Profit EA?
Risk management is one of the most critical parts of successful trading. This EA helps you:

• Protect capital
• Lock in profits automatically
• Avoid emotional decision-making
• Reduce margin call risk

Key Benefits:

1. Filter which trades to manage
2. Start trailing only after a profit threshold is reached (can be negative)
3. Automatically follow favorable price movement
4. No manual intervention required
5. Limit potential losses
6. Secure profits gradually
7. Prevent margin calls
8. Receive stop-loss update notifications

How the EA Works
The trailing stop activates when:

• Price moves in the direction of the trade
• The distance between price and stop-loss reaches your defined trailing value
• The trade reaches your specified profit level

For Buy Orders:
Price moves upward → stop-loss follows below price.

For Sell Orders:
Price moves downward → stop-loss follows above price.

This continues until:

• Stop-loss is hit
• Or the trade is closed manually

Trading Examples
Buy Trade Example

• Pair: USD/CHF
• Entry: 0.94192
• Trailing distance: 100 points
• Profit trigger: 200 points

When price reaches 0.94392, the stop-loss moves to 0.94292.
As price continues rising, the stop-loss keeps adjusting upward.

Sell Trade Example

• Pair: EUR/USD
• Entry: 1.02005
• Trailing distance: 80 points
• Profit trigger: 80 points

When price drops to 1.01925, stop-loss moves to 1.02005.
As price keeps falling, the stop-loss continues trailing downward.

Input Parameters (MT4 & MT5)
Both versions use identical settings.

Main Controls

• Trailing Stop – Distance between price and stop-loss
• Profit – Profit level that activates trailing
• Apply To – Choose which orders to manage

Filters

• Magic Number filter
• Comment filter

Notifications

• On-screen alerts
• Mobile push notifications
• Email notifications

Interface

• Optional graphical control panel

Installation Guide
MetaTrader 4

1. Download the EA file
2. Open MT4 → File → Open Data Folder
3. Open the MQL4 folder
4. Copy EA files inside
5. Restart MT4 or refresh Navigator
6. Enable Live Trading

MetaTrader 5

1. Download the EA file
2. Open MT5 → File → Open Data Folder
3. Open the MQL5 folder
4. Copy EA files inside
5. Restart MT5 or refresh Navigator
6. Enable Allow Algo Trading

Frequently Asked Question
How do I replicate standard MetaTrader trailing stop behavior?
Set the Profit parameter to a negative value.

Example
If you want a 100-point trailing stop starting immediately, set: Profit = -100

Final Thoughts
Trailing Stop on Profit EA is a simple yet powerful automation tool that helps traders manage risk effectively without relying on indicators.

By activating only after trades reach a certain profit level, it provides:

• Better capital protection
• Smarter profit locking
• Reduced emotional trading

Whether you are a beginner or experienced trader, this EA can significantly improve your trade management discipline.

Password:forexsignalpro.net

⚠ Disclaimer: Always test the robot on a demo account before using real money. Trading involves risk.