English. Partial Close and Trailing, Expert Advisor for MetaTrader
Exp – Partial Close and Trailing: Partial Closing of Positions on Rollbacks
Full Guide: https://www.expforex.com/?p=100
🔹 Exp TrailPartialClose MT4: https://www.mql5.com/en/market/produc...
Video Chapters:
00:00 Overview
01:14 How to Install Exp – Partial Close and Trailing in MetaTrader
02:05 How to Use Exp – Partial Close and Trailing in MetaTrader
03:25 How to Use Exp – Partial Close and Trailing in Strategy Tester
Key Features:
Exp – Partial Close and Trailing is an advanced assistant EA designed to close portions of a position (partial lot closing) when the price pulls back after a profit move. This tool helps traders manage risk and lock in profits effectively during volatile market conditions.
How It Works:
The EA monitors the position (deals) and sets the first rollback price level when the price moves in the direction of profits.
As the price continues to move, the EA continuously modifies this level.
When the price rolls back a specified number of points (pips), the EA closes a portion of the lot from the position.
The EA sets the next price level for further partial closes.
Trailing Stop is activated after the first partial close, allowing the EA to adjust the stop loss dynamically.
The EA keeps working until the entire position is closed.
This tool is perfect for traders looking to manage their positions in a more sophisticated way, capturing profits incrementally while mitigating risks.
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