How Do I Set a Trailing Stop Loss on MT4? - How Do I Set a Trailing Stop Loss on MT4?

How to Set Trailing Stop Loss Level on MetaTrader 4

To set trailing stop order levels in MetaTrader 4 you will need to setup an automated Expert Advisor or automated forex trading script that will then update your trailing stop loss order automatically on the MT4 platform after you open a forex trade transaction.

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

To learn how to set up MetaTrader 4 Expert-Advisor Forex Robots and MT4 trading Scripts: Learn about MQL5 Bots for Automated Forex Trading