TRAILLING STOP LOSS AUTOMATIC

Imagine entering a trade without setting a stop loss—what could happen?

Suddenly, the market takes an unexpected turn.

"Without a STOPLOSS, you're exposed to unlimited risk."

"So, what's the purpose of a STOPLOSS?"

 A stop loss is your safety net—a predefined price level where your trade automatically exits if the market moves against you.

"Here's why STOP LOSS is crucial:"

Risk Management: It limits your potential losses, helping you preserve your trading capital."

Emotional Control: It removes emotional decision-making, keeping fear and greed at bay."

Peace of Mind: You can sleep soundly knowing you're protected, even if the market takes a wild swing overnight."

It promotes consistency, so you follow your trading plan and avoid impulsive actions."

This EA will help you to avoide the LOSS, by assigning STOPLOSS  as a given input value. 

If the market moves against your position and reaches your STOP LOSS, your trade will automatically get closed.

Automatic trailling of STOP LOSS will happen if not hit initially.

Inputs

AUTOTRAIL - TRUE - Automatic STOPLOSS will trail

                      FALSE - Automatic STOPLOSS will not trail (Fixed STOPLOSS)

Distance - Pip wise distance of SL