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Virtual Sl Tp and trailing Sl MT4

1

This panel brings convenient functionality - Virtual Stop Loss and Take Profit levels.


Peculiarities

  1. This panel allows to hide the Stop Loss and Take Profit levels of your trades. 
  2. The panel stores these levels in memory
  3. When the market price reached one of the levels, a trade is closed and terminal generates a message indicating that a virtual level was triggered.
  4. there are 4 options for setting Stop Loss:
    • Fixed Stop Loss - fixed Stop Loss
    • Trailing Stop Loss - classic Trailing Stop Loss.
    • Trailing to breakeven - Trailing SL until the "break even" price (trade open price)
    • Trailing by jumps - when the position profit in pips is equal to the value of TRSL_1, the Stop Loss level is set to the position opening price (to breakeven). If Stop Loss is at "breakeven" and the distance from the current price to the opening price becomes equal to TRSL_2, the Stop Loss order is moved away from the opening price to fix the profit in pips equal to TRSL_3. This Trailing Stop Loss method is very efficient, it has been tested on different strategies. The algorithm is shows on the screenshot below.
  5. It is possible to work with all trades on the symbol or with trades with the specified Magic (useful for working with an EA)
  6. It is possible to set Take Profit
  7. It is possible to draw the SL and TP levels as conventional lines on the chart
  8. It is also possible to set the main settings right on the panel
  9. When using hidden levels, there is an option to add "live levels" for SL (which are greater than the virtual level by the specified number of points)


Attention!

After change settings - Press button "RESET"



Attention!

If the virtual SL/TP levels are enabled and for some reason the connection between the terminal and broker is lost (connection interruption, broker not responding or something else), trades will not be closed when those levels are reached


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5 (2)
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use on EURUSD use on M5 price and indicator analysis. Deals is in the direction of the trend. analysis 4 TimeFrame. Price and MovingAvarage (MA) are analyzed at TF EA. Market conditions in each TF are analyzed separately, then the overall picture. The algorithm shown in the screenshot below Sets is in Comments Advantages Advisor is optimized well for any instrument Can work on accounts with any spread, commissions, delays in the execution of orders Flexible settings specifically for your need
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Main: Not martingale, not a grid, working on all symbols; a good rational algorithm; Work of two indicators:  Parabolic Sar  and  Moving Average  (you can set a separate Timeframe for each indicator); There is a good money management system (there are several type for trailing stop loss); EA can work on closed candles, and on current candles; Quickly optimized (the work is maximally accelerated). Very well optimized for  EURUSD . Current sets after optimization are in comments. was optimized on
Main: Not martingale, not a grid, working on all symbols; a good rational algorithm; Work of two indicators:  RSI (from older timeframe - it works as a signal filter) and RSI (from junior timeframe - it works as a signal) ; There is a good money management system (there are several type for trailing stop loss); EA can work on closed candles, and on current candles; Quickly optimized (the work is maximally accelerated). Current sets after optimization are in comments. MetaTrader 4:  https://www.m
Create your own trading expert without programming skills! It is easy and simple. This panel is a    designer of Expert Advisors (like Wizard). This Wizard contains: 57 signals (regularly add new) several Trailing Stop systems (including Trailing by Bollinger Bands) How create EA easy: Choose 1 signal Choose no more than 3 filters Choose the Trailing system Save the ".set" file - by one button Ready. Run this expert with the desired set. Interesting: "invisible" (virtual) levels StopLoss
Nairobi
Mikhail Mitin
Main: Not martingale, not a grid; Working on all symbols; Use on EURUSD Use on M5 Signals: There is a good rational algorithm. Work of two indicators: Bollinger Bands and Moving Average (you can set a separate Timeframe for each indicator) Stop Loss/Take Profit: There is a good money management system (there are several type for trailing stop loss); There is virtual levels of Stop Loss / Take Profit; There is smart lot (percent by risk) or fix lot Important: EA can work on closed candles,
Auswahl:
Andrzej Banowicz
1400
Andrzej Banowicz 2021.03.11 20:20 
 

Trying this stuff and first, very bad observation. All settings are not saved properly. After using button Reset, closing terminal and loosing all settings, opening with default data. Useless. Make it work properly. Keep data which is set.

when added to the chart, it disappears after switching to another TF. As well as not added to the next chart. Not to mention the fact that it places a heavy load on the CPUs and slows down the computer.

I tested it on two different accounts with two brokers. The effect is the same!

Total rubbish and no knowledge of how to create this type of thing. In addition, I did not get a refund for any lost money.

As autor said, there are settings, but they not work if the product now working as they are set...

Mikhail Mitin
28534
Antwort vom Entwickler Mikhail Mitin 2021.03.16 22:56
Thank you for your comment. You can set settings (in settings of EA, like at EVERY ea) and use it.
Antwort auf eine Rezension
Version 7.0 2020.09.14
- you can set type of deals (all; only buy; only sell)
- fixed bugs with Take Profit
Version 6.1 2020.08.01
Big update:
- new grafic user interface
- fixed bugs
Version 3.10 2018.08.23
Fixed bugs
Version 3.0 2018.08.07
Bug Fixes Fixed