How do I install your Trailing Stop EA? PDF Print E-mail
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Our EA will automatically execute your trade, set a 20 pip TP and a 5 pip trailing stop. All you have to do is activate it on the currency pair's chart and click on buy or sell. Your computer and MetaTrader must stay on for it to work. Do not turn off your computer until all your positions are closed.

Note: This EA does not automatically execute our signals. You will use this EA when you get a signal and it will setup your trade in one click. It will only work with one position at a time. Leave Expert Advisors off until you are ready to open a position or it will ask you to open a position on every tick.

Follow this step by step process and you will have the EA up and running:
  1. Go to MetaEditor and click on it (it is the diamond shaped icon with an exclamation mark in a yellow background: , also next to expert trader icon). Close MetaTrader if you have it open.
  2. A new window will come up, click on file, and then new. The Expert Advisor wizard will come up, select script then click on next.
  3. A new window will ask you to name the script program.
    Name: ForexAmbush5PipTrailingStop
    Author: Copyright © 2009 Forex Ambush. All Rights Reserved.
    Link: http://www.forexambush.com/
    Click on Finish. Delete everything in the window to make it blank. Then copy and paste the code below into the window.
  4. Go to File > Save As and click on save. It should already be named ForexAmbush5PipTrailingStop.mq4. Close the window (not the main MetaEditor program) now.
  5. On the right hand side of the MetaEditor (navigator panel), click on scripts and select ForexAmbush5PipTrailingStop.mq4. Drag and drop it underneath the templates folder, which is the last on the navigator panel.
  6. Close MetaEditor. Start MetaTrader since it should have been closed.
  7. Go to the main page of MetaTrader where you place trades and click on the navigator icon (a yellow folder with a yellow star overlapping it). This navigator box is shown by default on the left hand side underneath the quotes. Click on Expert Advisors there and you will see your saved EA. Drag and drop into the chart area.
If you are having problems with the instructions above, try this method:
  1. Right Click on Download as File below and Select Save Target As. Save to your Desktop.
  2. Double click on My Computer, double click on your C drive and double click on Program Files.
  3. Find a folder named as your broker. Eg. MetaTrader - Alpari (US). Inside this folder, double click on experts.
  4. You should now be in C:\Program Files\YOUR BROKER\experts\. Eg. C:\Program Files\MetaTrader - Alpari (US)\experts\
  5. Drag the file you saved ForexAmbush5PipTrailingStop.mq4 from the Desktop into this experts folder.
  6. Close the window and start MetaTrader.
  7. Go to the main page of MetaTrader where you place trades and click on the navigator icon (a yellow folder with a yellow star overlapping it). This navigator box is shown by default on the left hand side underneath the quotes. Click on Expert Advisors there and you will see your saved EA. Drag and drop into the chart area.

Download as File (Right Click and Select Save Target As)

Leave Expert Advisors off until you are ready to open a trade, or detach the EA from the chart.
When you are ready to open a trade, turn them on .

Options for EA


Set your number of lots in the inputs tab


Set main EA options (Tools > Options > Expert Advisors)




 
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