MT5 Trailing Stop – Fixed Distance

A trailing stop is one of the most practical risk management tools available in MetaTrader 5.

It allows traders to protect profits automatically while giving trades room to grow.

In this page you can download the advanced MT5 Trailing Stop – Fixed Distance, which allows the stop loss to follow price movements at a fixed distance.

MT5 Trailing Stop EA Suite - Automated Trade Management

What Is a Trailing Stop?

A trailing stop is a dynamic stop loss that automatically moves in your favor as price moves in your desired direction.

Unlike a fixed stop loss, which stays at the same price level unless manually modified, a trailing stop follows the market at a predefined distance or value.

Example of a simple trailing stop with fixed distance:

You buy EURUSD at 1.1000
You set a trailing stop distance of 30 pips
If price rises to 1.1030, your stop moves from 1.0970 to 1.1000
If price continues to 1.1060, your stop moves to 1.1030

If price reverses by 30 pips, the position closes automatically, locking in profit.

The key rule is simple. A trailing stop only moves in the direction of profit. It never moves backward.

Why Use a Trailing Stop?

There are several reasons traders rely on trailing stops in MT5:

1. Profit protection: Trailing stops automatically secure gains without manual intervention.
2. Letting profits run: Instead of closing trades too early, trailing stops allow participation in extended trends.
3. Reducing emotional decisions: Automated stop adjustment removes the temptation to interfere unnecessarily.
4. Structured risk management: It creates a mechanical exit rule rather than relying on guesswork.

Trailing stops are particularly useful in trending markets, breakout strategies, and systematic trading approaches.

The Native MT5 Trailing Stop Option

MetaTrader 5 includes a built-in trailing stop feature. You can activate it by:

Right-clicking on an open trade
Selecting “Trailing Stop”
Choosing a predefined number of points

However, there are limitations:

• MT5 must remain open for it to work
• It cannot filter by magic number
• It does not allow advanced logic
• It applies individually per trade

For traders running multiple strategies or EAs, these limitations can become restrictive.

MT5 Trailing Stop Fixed Distance Tool

The MT4Gadgets Trailing Stop Fixed Distance Expert Advisor provides more control and flexibility compared to the native MT5 option.

Instead of manually setting trailing stops per position, this tool can manage trailing stops automatically across positions with defined logic and filters.

It is especially useful for:

• Traders running multiple EAs
• Traders who want magic number filtering
• Systematic strategies
• VPS-based automation
• Structured risk management workflows

You can download the MT5 Trailing Stop Fixed Distance below.

How the Trailing Stop Fixed Distance Tool Works

The logic is simple and robust.

The tool monitors open positions continuously, every few seconds. Once price moves into profit, it maintains a fixed distance between current price and stop loss.

For long positions: Stop loss stays a fixed number of points below current price.

For short positions: Stop loss stays a fixed number of points above current price.

The stop only moves forward. It never widens risk.

You can also define minimum profit before trailing begins, minimum distance constraints, and magic number filtering. These are advanced settings that allow the tool to be customizable to your needs.

This creates a clean and disciplined trailing structure.

MT5 Trailing Stop Fixed Distance Input Parameters

As mentioned before, the trailing stop fixed distance for MT5 can be adapted to many strategies and scenarios, to do this it uses several input parameters that you can control.

Indicator Name

The indicator name is simply to give the EA a name, it doesn’t really affect the operations.

Apply To Long Positions

True or False if applying the automatic trailing to long positions, or not.

Apply To Short Positions

True or False if applying the automatic trailing to short positions, or not.

Filter by Matching Magic Number

You can enter the magic number of the strategy you want to trail, the EA will only apply this automatic trailing stop only to positions with the defined magic number and symbol of the chart where the trailing stop is loaded.

Leave as 0 – ZERO to apply to all magic numbers.

Distance From Price

This is the number of points the stop loss should be from the current price.

For example if we have a long position in EURUSD, the distance is set to 500 points and the price is 1.03200, the stop loss should be at least at 1.02700, 500 points under the price.

Please remember that the stop loss will always move favorably, closing to the price, and never backwards.

Minimum Distance From Price

This is a safety measure to avoid the stop loss getting too close to the current price. Minimum distance will set the minimum points of distance from the current price.

For example in a long position with minimum distance set to 100 and price at 1.02000, the stop loss cannot move closer to 1.01900.

Minimum Profit To Start Trailing

If you desire to move the stop loss only after a position is in a defined profit, this is for you. The trailing stop will not act until the position is profitable enough.

Example with a long trade, distance set to 500, minimum profit set to 800, open price 1.02000

• When price reaches 1.02500 the stop will not automatically trail yet, because the profit is 500, which is less than the 800 minimum
• Once the price reaches 1.02800 the trailing stop will trigger moving the stop to 1.02300 (1.02800 – 500 points)

Maximum Slippage

This is a common parameter to avoid excessing slippage in orders.

Verbose Logging

It is used mostly to increase the logging of event and troubleshoot issues that may happen.

These inputs allow traders to fine-tune trailing behavior according to strategy requirements.

Advantages of the Fixed Distance Trailing Stop Tool

1. Magic number filtering: Manage only specific strategies without interfering with others.
2. Consistent automation: Works continuously when attached to a chart.
3. Structured trailing logic: No emotional interference.
4. Minimum profit control: Avoid premature trailing.
5. Broker compatibility: Minimum distance protection reduces modification errors.
6. Suitable for VPS deployment: Ideal for 24-hour automated management.

Compared to the native MT5 trailing stop, this tool provides greater flexibility and professional-level control.

MT5 Trailing Stop Fixed Distance – Download and Install

To install the Trailing Stop tool:

• Download the EA file
• Open Metatrader
• In Metatrader go in File > Open Data Folder
• Open the MQL4 folder in MT4 or MQL5 folder in MT5
• Copy the tool file in the Experts Folder
• Restart Metatrader, or right click the folder containing the tool in Metatrader and select “Refresh”
• Drag the tool into the chart where you want to load it

Final Thoughts

A trailing stop is one of the simplest yet most powerful risk management techniques in trading. While the native MT5 feature works for basic scenarios, advanced traders often require more flexibility and automation.

The MT4Gadgets Trailing Stop Fixed Distance tool provides structured, filtered, and customizable trailing logic suitable for manual traders and automated strategies alike.

If you are serious about improving discipline and protecting profits, implementing a structured trailing stop system is a smart next step.

You can download the MT5 Trailing Stop Fixed Distance tool directly from MT4Gadgets.com and integrate it into your trading workflow today.

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