[aris]

Hi everybody....

Most traders familiar with trailing stop....i guess

I am looking for trailing profit.......Anybody can help? here how it goes.....

After taking new position.....after the pip goes like -25 (negative) or more, i consider it a wrong timing trade. Forget about profit, now think about preserve the capital. The trailing profit will change/adjust the profit target from like say +25 pip to breakeven or small losses.

Anybody got mq4 coded for this one.

Thank you