Any trader who has used MT4 knows first hand that here are several limitations
that for day traders or scalpers can be very frustrating.
Far Superior Trailing Stops: For starters the trailing stop function works
very poorly, and it not really useable for any serious trader. The reason for
this is that there are limits on the size of the trailing stop and it will not
trail pip for pip until it hits a set threshold. The other issue is if your
broker uses extended pricing. (Such as a 5 decimal place price instead of 4
decimals). Trailing stops are an essential part of money management, and are
necessary to reduce risk and maximize gains. So, you have to have a good one.
The F.E.P. trailing stop function is FAR better because it allows you to
determine the size of the trailing stop and it trails pip for pip!
Also most brokers don't let you place targets or stops closer that 4 pips from
market, simply locking you out of ¡°quick profit¡± opportunities when using
targets, or keeping you from getting those few extra pips you so often know are
there for the taking, forcing you to exit at market.
No MORE! The F.E.P. offers you the ability to place orders as close as a
SINGLE pip away from the market, allowing you ¡°Legally Steal¡± your pips day
in and day out!
http://www.fxzeroloss.tk/
