this is my first try at creating an EA from ground up
the EA only trails, so no automatic buy/sell
***** PLEASE NOTE: the default values are adjusted for M1 time-frame, as is the easiest way i got for testing it's workings, but it works in all time-frames and currency pairs *****
besides the MA parameters, it also got a few options for the trailing
possibility of enforcing a maximum stop loss - for older orders that might exceed it
number of bars behind to use in MA trail
minimum distance from MA to trail
minimum distance of current price to trail on positive and on negative profit
possibility of not showing indicator line
trail step
the code probably can be optimized further
feel free to post suggestions, changes to the code that can improve it, or any doubts about it's workings
i have been trying to control the indicator`s appearance - line, color and style. any help will be welcome
Update 1 (V1.1)
- file updated after consideration on how to treat preexisting orders that exceed max sl and the EA don`t have permission to close them
Update 2 (V1.2)
- logic errors in the trail system
- added possibility of hiding/showing graphic line on chart
Update 3 (V1.3)
- added trail step
Update 3.1
- fixed some logic errors (yes i still keep finding them ^^)
Update 4
- a lot of mistakes where identified and corrected, affecting some minor changes in the trail method
coming soon: class library