Expanding Trailing Stop ( Trailing Stop Part 2)

Part 2 in this series. Part 1 covered situations where the same trailing stop price is applied to all trades. This video covers situations where each trade has a different trailign stop price and uses a specific type of trailing stop as an example.

A trailing stop can help protect your profits by automatically adjusting your stop-loss order as the market moves in your favor. We'll start with the basics and gradually move on to more advanced techniques for creating effective trailing stop methods.

These changes are based on the code form the earlier video so if you have not seen part 1 follow the links below. The code here is updated for both MT4 and MT5.

Links:
Part 1 MT4 Version: https://youtu.be/lfY2R_ikPO0
Part 1 MT5 Version: https://youtu.be/Nrs2EKjDrI8
Web: https://orchardforex.com/trailing-stop-expert-part-2-expanding-trailing-stop/
Discord: https://orchardforex.com/discord/

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Видео Expanding Trailing Stop ( Trailing Stop Part 2) канала Orchard Forex