Update Stops is a simple and easy to use trade manager EA ( Expert Advisor).
You must place it in your metatrader/experts folder and ensure that you have Expert Advisors function enabled.
Then place the EA onto the chart that you wish to use it on ( exactly as you inset and indicator).
Open the EA and set the parameters you wish to utilise. Stop Loss, Take Profit 1 & 2 in point value and % of profit to take at specified levels, Trailing Stop in points.
Note: Asure that your levels correspond to the currency pairs number of decimal places.. IE if your platform is 5 decimal places on a pair a stop loss of 50 points will need to be entered as 500.
UpdateStops.ex4 - 4shared.com - online file sharing and storage - download - Richard Lowe
Thursday, 24 May 2012
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