Easy Life Expert Advisor - Complete Guide

Overview

Easy Life is a simple yet effective trailing stop EA designed to help traders protect profits and automate trade management. The EA focuses on implementing trailing stops and basic risk management for open positions.

Key Features

Automatic trailing stops with customizable activation and step parameters

Basic stop loss and take profit functionality

Visual indicators showing trailing stop levels on chart

Simple one-trade-per-type management (works best with single positions)

Built-in testing mode for strategy validation

Optimal Settings

mql4

extern int Stoploss = 0;       // Stop loss in pips (0 to disable)

extern int Takeprofit = 0;     // Take profit in pips (0 to disable)

extern int TrailingStop = 5;   // Trailing stop distance in pips

extern int TrailingStart = 5;  // Profit in pips before trailing activates

extern int TrailingStep = 1;   // Step size for trailing stop movement

extern int slippage = 30;      // Maximum allowed slippage in points

How It Works

Monitors all open positions on the chart

Applies stop loss/take profit if price hits specified levels

Activates trailing stop when trade reaches TrailingStart profit

Moves stop loss in profitable direction by TrailingStep

Closes positions when trailing stop is hit

Displays visual markers for current trailing stop levels

Usage Instructions

Attach to chart of desired currency pair

Set parameters according to your risk tolerance

Open trades manually (EA manages existing positions)

For testing: EA can automatically open test trades when no positions exist

Recommended Configuration

ParameterConservativeModerateAggressive

Stoploss50-10030-500 (disable)

Takeprofit100-20050-1000 (disable)

TrailingStop20-3010-205-10

TrailingStart30-5020-305-15

TrailingStep5-103-51-3

Slogan

"Easy Life - Let Your Profits Run While We Protect Your Gains!"

Important Notes

Works best with single open position per direction

Designed for 15M-4H timeframes on major currency pairs

Requires low spread conditions for optimal performance

Includes visual feedback via colored lines on chart

Not a full trading system - meant to manage existing positions

Pro Tips

Combine with manual trading strategy for best results

Use wider trailing stops during high volatility periods

Disable take profit when using trailing stops to maximize profits

Test different TrailingStart/TrailingStep ratios for your trading style