Scalping some days can be tiring. So, I was looking for an EA to manage SL BE Profit Trailing and TP without me glued to the screen during all trades. I tested few but I found Bemac Trade Manager 0.1 about right for my needs and simple enough without zillions of settings.
I have been testing it on Alpari UK and DDF MT4 platforms. It seems fine except Percentage Trail Behind Price bit.
What I like it to do is:
I trade with multiple std lots per trade (10+) Even 2 pips are good pips for me.
Set a static SL
Set a variable profit target (profit target moves as price trailing moves close to it in x pips or %)
Set a profit trailing of x pips or % from BE price which becomes profit stop.
So, profit target is never reached. Trades goes on until stopped. It stopped when price hits trailing profit.
I have attached Bemac's TM for reference.
I thank you to those kind people who may be able to help me on this.
I have been testing it on Alpari UK and DDF MT4 platforms. It seems fine except Percentage Trail Behind Price bit.
What I like it to do is:
I trade with multiple std lots per trade (10+) Even 2 pips are good pips for me.
Set a static SL
Set a variable profit target (profit target moves as price trailing moves close to it in x pips or %)
Set a profit trailing of x pips or % from BE price which becomes profit stop.
So, profit target is never reached. Trades goes on until stopped. It stopped when price hits trailing profit.
I have attached Bemac's TM for reference.
I thank you to those kind people who may be able to help me on this.
Attached File(s)
Bemac Trade Manager v0.1.mq4
8 KB
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1,469 downloads