Forex Trailer Version 40 April Release
1. Auto Catch On Feature
Many members welcome this feature as this makes trading
with Forex trailer EA better. Members will now be able to
omit the step on entering the order ticket number as the
EA can now auto pick up the order ticket number and start
its trade management process.
If you are trading with a signal service provider, this
auto catch feature will make it even more convenient to
use Forex trailer EA along with such services.
2. BE plus X pip
When using partial close or break even stop, once pip in
target is reached, the stop loss is shifted to break even
point plus x pip. By default x is 1. After this new update,
members can now specify the number of x pip they will
like the stop loss level to shift at the break even level.
3. Ability to Define User Take Profit Level
In previous versions, during any trailing operations,
the trader’s TP will be removed from the broker’s server.
This restriction has been lifted and traders are now free
to have TP during trailing operations.
4. Reactivity and Operational Issue
Our software was reported that it was not reactive while
trading daily time frame and also super short time frame
like 1 - 2 minute bar. Our EA was tuned to make trading with
such time frame feasible now. Some chart display errors are
also pointed and remedied. Software authentication with
certain brokers are also fixed.
5. Trade Resumption Implementation
Do note that in previous versions of FXT, the following
activity will reset the EA's memory in particular to
remembering the 2nd order number as a result of partial
close:
a) Changing time frame
b) Changing of EA properties
c) Closing the chart with the EA attached
d) Closing the entire MT4 application
e) Computer shut down (blue screen, windows hanged etc...)
As a result when using previous versions, the user must
carry on the trading process as if its’ a new order.
Detach EA from chart, paste a new copy and select the
exit strategies again.
The newly implemented Operations Resumption feature
allows the EA to remember the 2nd order (when partial
closing or break even stop) number and the current operations.
When MT4 is re-opened, the EA will recognise and the exit
strategies and last actions conducted. It will resume its
operation thereafter without any intervention from user.
If you like to change previous exit strategies to a new
strategy, close the chart and re-attached a new EA to a
chart. Perform the process like its a new order.
For more info of MT4 Trailing Stop EA, visit URL below:
Regards,
Warren Seah
