Try the default settings on M5 EURUSD, M5 EURCAD, M5 NZDUSD. See the comment section for a set file for M5 EURJPY, M5 USDJPY, M5 USDCAD. Link to the TELEGRAM group is also in the comment section. User Manual ================================================================================================ Recommended broker: IC Markets Recommended account: 1:500 leverage, low spread (ECN), minimum 500$ (recommended 1k)
The Envelopes Trailing Stop is a tool that implements trailing of the stop loss order after the price based on the Envelopes trend indicator. The utility provides all the necessary parameters for customization, which allows to select the optimal configuration for any user. The EA allows to choose the trailing line depending on the type of the trade. For example, buy trades can be trailed based on the lower line of the indicator, and sell trades can be trailed based on the upper line. The Magic
Setting Take profit (TP) to fixed level does not optimize your trade while using trailing stop requires traders to stay all time to screen. Vanesa Trailing Stop does trail stop by preset scenarios automatically. Vanesa Trailing Stop provides 3 (maximum) TP levels in points. For example: Level 1< Level 2 < Level 3. Traders provide value of trailing stop level for each TP level as parameters. Whenever total gain of a trade in points reaches the first TP level, EA will start doing trailing
Trailing Complex is a Stop Loss trailing system that includes 9 components: Setting SL on the level based on the specified loss percentage of the deposit. Moving SL to breakeven. Standard trailing. PriceChennel based trailing. Fractals based trailing. The ATR indicator based trailing. MA based trailing Parabolic SAR based trailing Trailing based on a user drawn trend line. Any of the components can work alone or in combination with others. System settings allow to work with one symbol and scan
This indicator can be used to show and evaluate the trailing stop algorithm "Trailing Stop with Inside Bars" that was proposed by the famous German trader and author Michael Voigt ("Das grosse Buch der Markttechnik") to capture robust gains when trading strong price moves. The trailing stop price is shown as a red line. You can start the trailing stop anywhere on your chart (bars or candles) by setting the "initialBarDateTime" input parameter to the open time of an arbitrary candle You can
Auto Trade Driver is an automatic powerful tool (run as Expert Advisor) that helps you to manage risk and control orders and maximize your profit in multi-protect/trailing-stop rules. This tool is very useful for both scalpers and trend followers. It not only calculates the trade risk exactly, but also protects and maximizes your profits in real-time. With this tool, the only thing you have to do is to enter trade by your own strategy, then it will auto-drive your position with exit strategy you