Trailing Stop Example - MT4 Platform
In this example, a solid blue line under the market bars shows how a fractal-based trailing stop, with some smart enhancements, can allow the market to retrace or drift sideways, yet lock-in gains when the trend is over. This example shows an entry at the open of the bar following the one with the large blue arrow under it. The trailing stop follows the blue line mentioned above, until the trade is stopped-out for a gain of 255 pips in approx 1 day. The diagonal white line shows this gain from the trade open to the trade close.
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