Download Close Minus by Plus
Download INFOPad
🔃 Last Updated on April 13, 2024
The Partial Close and Trail assistant EA is designed to close a portion of a position (referred to as a lot) during a rollback.
This EA is programmed to automatically close a profitable position in stages when the price initially moves in the direction of profits and then retraces back.
The Partial Close and Trail assistant EA is a specialized tool that operates within the context of trading and investments. Specifically, it is designed to help traders close a portion of their trading position (known as a lot) in the event of a rollback.
This means that if the market begins to move against a trader’s position, causing a potential loss, the EA can be configured to automatically close a portion of the position in order to mitigate the loss.
This feature is particularly useful for traders who are looking to manage their risk and limit their exposure to market volatility.
In addition to partial closure, the EA also includes a trail feature, which allows traders to set a trailing stop loss that follows the market as it moves in their favor.
Overall, the Partial Close and Trail assistant EA is a powerful tool that can help traders navigate the complex and ever-changing world of financial markets.