The Mad Trailer Expert Advisor by KALIFX

The Mad Trailer is a simple and aggressive expert advisor for MT4, developed by KALIFX. This EA automatically manages and adjusts stop-losses according to your preferences, ensuring your trades are protected as the market moves in a favorable direction.

Key Features:

• Automatic Trailing Stop-Loss: Unlike static stop-losses, the Mad Trailer EA dynamically trails your stop-loss a certain distance below the current market price, helping you lock in profits and protect against reversals.
• 3-in-1 Functionality: In addition to trailing stops, it includes automatic stop-loss and take-profit settings, and breakeven functionality.
• User-Friendly: Despite its advanced features, the Mad Trailer EA is straightforward to use, making stop-loss management in MT4 simple and efficient.

Input Parameters:

• Automatic Stop-Loss and Take-Profit: Automatically sets SL and TP for each trade according to your preferences.
• Enable Trailing Stop: If set to true, it activates the trailing stop feature which adjusts the stop-loss level as the trade moves in your favor. Set to false to disable it.
• Trailing Stop Level: Defines the distance at which the stop-loss will trail the market price.
• Trailing Step: Specifies the increment (in pips) for adjusting the stop-loss level as the trade moves in your favor.
• Enable Breakeven: If set to true, the stop-loss is moved to breakeven when the trade reaches a certain profit level.
• BE % of Take-Profit: Specifies the percentage of TP at which the breakeven point is triggered.
• BE Offset in Pips: Defines the number of pips above the open price where the stop-loss will be moved to breakeven.

Note: It is recommended to test the EA on a demo account to understand its functionality and optimize the settings to suit your trading strategy.

By using the Mad Trailer EA, you can automate your stop-loss management, allowing you to focus on other aspects of your trading strategy while ensuring your trades are well-protected.

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