hello sir , i get many things from your reply

i trade in xauusd can you please let me know how tp and sl and trailing will work

like xauusd cmp is 2500.000 

tp is 2520.000 so what value i have to put in tp field

sl is 2490.000 so what value i have to put in sl field

and how trail tp will work if i want when price go 2505 then trailing start and with increase of 2505.100 to 2505.200 to 2505.300 and so on so what value and setting i have to do

Hello,

Let's walk through setting up your Take Profit (TP), Stop Loss (SL), and Trailing Stop for your XAUUSD trades based on your specific requirements.

1. Setting Take Profit (TP) and Stop Loss (SL):

Based on your example:

• Current Market Price (CMP): 2500.000
• Take Profit (TP) Target: 2520.000
• Stop Loss (SL) Target: 2490.000

Given that your platform uses three decimal places and requires TP and SL to be entered as integer values, here's how to input them:

• 1 pip = 0.001 price movement

Calculating TP and SL Values:

• Take Profit (TP):

  • Price Difference: 2520.000 - 2500.000 = 20.000
  • In Pips: 20.000 / 0.001 = 20,000 pips
  • TP Field Value: 20000

• Stop Loss (SL):

  • Price Difference: 2500.000 - 2490.000 = 10.000
  • In Pips: 10.000 / 0.001 = 10,000 pips
  • SL Field Value: 10000

Therefore:

• TP Field: Enter 20000
• SL Field: Enter 10000

This ensures your trade will automatically close at 2520.000 for TP and at 2490.000 for SL, aligning with your risk management strategy.

2. Configuring the Trailing Stop:

Your requirements:

• Trailing Stop Value: 5000 pips
• Trailing Step: 100 pips

Setting Up Trailing Stop:

• Trailing Stop Value: 5000 (represents 5000 pips or a 5.000 price movement)
• Trailing Step: 100 (represents 100 pips or a 0.100 price movement)

How It Works:

1. Activation: When the price reaches 2505.000, the Trailing Stop activates.
2. Adjustment: As the price increases:
   • When the price moves to 2505.100, the Trailing Stop moves to 2505.000.
   • When the price moves to 2505.200, the Trailing Stop moves to 2505.100, and so on.
3. Protection: If the price reverses by 5000 pips from the last Trailing Stop level, the trade will close, securing your profits.

3. Enabling Trailing Stop:

Ensure that the Trailing Stop feature is enabled by turning the Trailing Stop button to the ON position in your trading platform.

Summary of Settings:

• TP Field: 20000 (2520.000)
• SL Field: 10000 (2490.000)
• Trailing Stop Value: 5000
• Trailing Step: 100
• Trailing Stop Button: ON

Hi Vladislav,

i´m renting the trade pad for 3 months and i´m really happy with all the functions integrated.

If i open a grid with 4 positions, how can i set a

a) trailing stop for each position seperately?

b) take profit for each position seperately?

Thanks

Thomas

i see there can be 10 installation 

i have 4 different exness mt5 account (4 application for different mt5)

then how i can install on each exness account

i tried to attach to chart but in one its working but its not allowing in other accounts

i have to purchase new for each account or i can attach same in different accounts

Hello!

You can use the Expert Advisor on an unlimited number of live accounts, but please note that each instance of the trading terminal consumes CPU power and RAM.

Additionally, each terminal downloads trading history and utilizes internet bandwidth.

The more terminals you have running simultaneously, the slower the speed of receiving new quotes may become, which can impact performance.

How many computers can you use?
You can install the program on up to 10 computers, including your home computer, VPS server, work laptop, and any additional devices such as another laptop.

This flexibility allows you to manage your trading activities across multiple devices for convenience and efficiency.

License and activations (important information):
Each license allows you to use the purchased Expert Advisor on up to 10 computers, without any restrictions on the number of accounts or terminals.

This ensures you can install the Expert Advisor on your home computer, laptop, work computer, or VPS.
Please note that if your computer undergoes hardware changes, such as modifications to the HDD, SSD, processor, or even a Windows update, the activation may be lost.

However, with 10 activations, you will have ample room to use the advisor across different devices.

Important!
To properly install the Expert Advisor on each terminal, you must download it directly from the MQL5 market for each terminal.

Copying the program between terminals is not allowed and may cause errors.

Hello

i am using pineconnector in mt5 and your tool exp virtual pad 

how i can align your tool with pineconnector trades

like i want to sync trailing sl with trades

so pineconnector take trades and i want that your tool will modify the tp sl and implement trailing

I INSTALLED FREE EA AND ITS AWESOME BUT STILL I AM CONFUSED WITH TRAILING SL

IN INDIAN MARKET WE HAVE DIFFERENT TYPE OF TRAILING SL WORK 

I SET TP 14.00 POINT AND SL TO 7.00 THEN HOW TRAILING SL WORK IF I SET 3.00 AND TRAILING STEP TO 0.10

Hello.

0.1 there is no such step.

minimum step = 1

If you give me an example, for example pictures, so that I understand what you need.

LIKE if we talk about Indian market 

trailing stop is work like if

cmp = 2500 

tp   = 2505 

sl  = 2495 

trailing sl = 1 then if market moves by +1 then new sl will be 2496 and if market move by +1 more then new sl wil be 2497 and now market moves -2 then sl will be 2497

but with your ea its going like if we set trailing sl 3 and step to 1 when market goes to 2503 then sl will be 2500 (in this case if market goes to 2502 then sl will be same and if market goes opposite so loss will be 5)

but in Indian market sl will be shifted upper so loss will decrease

in your free ea tool

if we set trailing sl to 0 and stel trailing to 1 the does it work ??  

Okay, I look at your screen. Your price is 2636.58

This means that 1 point = 0.01!!!

according to the previous message:

You need to set it like this:

If you want to round off the values, you can try to round off with this option:

If you also want to set it up on Assistant , then do it like this:

can we develop a custom EA for trailing stop loss?

in your free EA when price reach to specific decided price then sl goes to cmp 

but we need when price moves to tp direction then sl also move 

right now in your free EA its moving sl direct to cmp or if the price not move to tp direction then sl remain same

Olá Vladislav! Preciso saber se você pode me ajudar a definir up a strategy. Can you help me?

Strategy Description for Virtual Trade Pad on MetaTrader 5:

1. Entry Conditions:

Identify a large candle (called "elephant candle").

Enter the trade on the breakout or close of this candle.

2. Stop-Loss Configuration:

The stop-loss should be placed just below the entry candle.

3. Initial Take Profit Configuration:

The initial take profit should be set at the same size as the entry candle.

Example: If the candle is 1,000 points, the take profit will be 1,000 points above (for buy trades).

4. Dynamic Stop Gain Adjustment:

When the price reaches the initial take profit, the trade should not close.

The stop-loss will be moved to lock in profit, adjusting automatically to maintain the same distance as the size of the entry candle (dynamic stop gain).

Example: If the initial candle is 1,000 points, the stop gain will be moved to 1,000 points below the current price as the price moves another 1,000 points.

5. Trade Exit:

The trade will only close automatically when the price retraces and hits the adjusted stop gain.

Process Summary:

Entry based on large candle.

Initial stop-loss below the candle.

Initial take profit = candle size.

After reaching initial take profit, activate dynamic trailing stop maintaining the same distance (candle size).

Trade ends only when the market retraces and hits the stop gain.

Objective: Maximize profits in strong trends while protecting gains with dynamic trailing stop