Trading XAUUSD Set a Trailing Stop Loss Gold Order on MT4

How to Set Trailing Stop Loss XAUUSD Order Level on MetaTrader 4

To set trailing stop pending order areas on MT4 you will need to setup an automated EA or automated xauusd script that will then update your trailing stop loss order automatically on the MetaTrader 4 platform after you open a gold trade transaction.

You will need to state the number of pips that this trailing stop will use to set the trailing stoploss level.

To learn how to set up MT4 Expert-Advisor XAUUSD Robots and MT4 trading Scripts: Learn about MQL5 Robots for Automated XAUUSD