! How does the Software work? Which strategies can you use?

What is a Trailing Stop and why do we really need it?

PowerScalper Expert-Advisor Trading Strategies Trailing Stop
A trailing stop is designed to protect gains by enabling a trade to remain open and continue to profit as long as the price is moving in your favor direction. The system closes the trade if the price changes by a specified pip amount.

Once the Trailing Stop has locked-in, you can't loose the trade anymore, since the system pulls the loss value continuously better than your market entry value.

The trade continues to grow in profit as long as the market moves in the correct direction. Once the market reverts, the Trailing Stop closes the Trade and secures the profit for you.

All trades that are closed by the Trailing Stop will be colored in red colour and will have a value set for S/L (Stop Loss) in the MT4 Terminal.

You have to switch the Trailing Stop to ON, if you want to use it in your trading strategy. Furthermore you have to set 3 values for the Trigger (when should the Trailing Stop kick-in), for the Distance (how much must the price revert to close the trade) and for the Increment (in which incremental sizes does the Trailing Stop move).

Please be aware that the Trailing Stop will correlate with the CFD-Underlying that you are trading, as well with the lot sizes you are using.

Trading Gold (XAUUSD) will need complete different Trailing Stop settings than trading EURUSD or GBPUSD. Same with other instruments like Silver, DAX40, SP500, and so on.

You have to optimise the Trailing Stop values in a demo account therefore first for the instrument that you will be trading.

Once you have the right settings, the Trailing Stop will be very effective in your trading schedule since you will see that the bot will close most trades much faster with Trailing Stop than without.


This is not an instruction manual, but merely an explanation of how the software works. As the manufacturer of the software, we want you as a user to better understand how the software works.

We are not saying that you should use this functionality with real money. Think very carefully about whether you want to use the functionalities mentioned in the text at your own risk and what risk you are taking.

If you decide to use these functions with real money, you should have tried out how the whole functionality works and what can happen with a demo account for a sufficiently long time beforehand. This is the only way to learn to independently assess the real risks and potential profits.

This is absolutely necessary in order to deal with the risk with foresight. As the manufacturer, we accept no liability if money is lost at the broker due to the functions mentioned in the text. The above-mentioned functions of our software offer you excellent opportunities to make profits, but with the acceptance of the risks that the markets always present.

Every PowerScalper license offers one demo and one real trading license to you. This is our contribution to you, so that you can learn to trade riskless as long as you want, before you are using real money.