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_TakeProfitMove - Script for MetaTrader 4

Trading Robot
TypeScripts PlatformMT4 Version10 Date created24 August 2014 Date updated19 August 2017
Formatmq4 Size2.9Kb Downloads73 Rating
4.91 of 5
based on 95 rates

The TakeProfitMove script is an algorithm that controls a Take Profit order.

Depending on the value of UpDoun = true or = false, the script either "pulls up" Take Profit closer to the market, or "pulls up" and "pushes" it, keeping distance in Distance points. This script may completely replace trailing, which can work only online.

It is important to remember that in the case the Dialing Center limits the installation of Stop and Limit "under the market", it is necessary to remove the comment in the block with the restriction, setting the required value of Distance.

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