Universal Trailing Stop EA v1.0 MT4 is an advanced trading tool designed for MT4, enabling traders to implement trailing stop losses automatically. Unlike fixed stop losses, a trailing stop allows traders to lock in profits as the market price moves favorably, giving trades more room to grow while still protecting against losses. The EA intelligently adjusts your stop loss according to pre-set parameters, meaning that as your trade becomes profitable, the trailing stop moves along with the market price. This feature ensures that you can capitalize on upward price movements while having a safety net in place to protect your capital.