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TrailTPsetup

This program does not open orders on its own, but instead monitors the active orders of the currency pair it is attached to. The EA sets the Take Profit (TP) or Trailing Stop (TS) levels for active market trades.

If pending orders are triggered, the program recalculates the levels and modifies the previously placed trades. The program monitors SELL and BUY orders separately. For example, the program can close SELL trades using TS, and set TP for BUY trades.


Settings

  • profit_Ord___BUY = 15 - profit above the 0th BUY level.
  • Trail_of___BUY = 7 - distance from the price to TS for BUY orders, in points.
  • TS_0_TP_1__BUY = 0 - if 0 - close BUY by trailing, 1 - set the total ТР.
  • profit_Ord__SELL = 15 - profit above the 0th SELL level.
  • Trail_of__SELL = 7 - distance from the price to TS for SELL orders, in points.
  • TS_0_TP_1_SELL = 0 - if 0 - close SELL by trailing, 1 - set the total ТР.
  • Mgk = 0 - magic number, if 0 - monitor manual orders, not 0 - orders of another EA (specify the MAGIC of the other EA).

* With this configuration, the EA will monitor the manually opened market orders (Mgk = 0). Under favorable conditions, it willl set Trailing Stop for the trades and move it after the price at the distance of 7 points.

** If the "Allow live trading" option is unchecked in the EA settings, the program will simply display the data on the trades on the chart.


Output of trades data on the chart

  • ## Trail-TP-setup - name of the Expert Advisor (version).
  • 2.0 - lots BUYSTOP - the total volume of all BUYSTOP orders in lots.
  • 0.0 - lots SELLLimit - the total volume of all SELLLimit orders in lots.
  • 55.5 - lots BUY - 111 TP all buy = 0.7895 profit BUY = 77415.0 - information of the market BUY orders (55.5 lots, 111 deals, total TP is 0.7895, profit is 77415.0.
  • 57.5 - lots SELL - 115 TP all sell = 0.7474 profit SELL = -306595.0 - information of the market BUY orders (57.5 lots, 115 deals, total TP is 0.7474, profit is -306595.0.
  • 0.0 - lots BUYLimit - the total volume of all BUYLimit orders in lots.
  • 0.0 - lots SELLSTOP - the total volume of all SELLSTOP orders in lots.
  • imbalance UP 0.0 - the resulting imbalance in lots when the price moves upwards, if all pending orders trigger.
  • imbalance DOWN 2.0 - the resulting imbalance in lots when the price moves downwards, if all pending orders trigger.
  • IMBALANCE -2.0 - the current imbalance in lots of active market orders.
If the imbalance value is less than 0, then the volume of SELL orders is greater, and vice versa.

The program helps in trading with numerous trades. For example, it helps with locking - it calculates the volumes of lots and the imbalance. It is able to control and account no more than 500 orders in one direction.

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Utilitys
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Haidar, Lionel Haj Ali
5 (9)
Utilitys
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MEETALGO LLC
4.81 (27)
Utilitys
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Anton Jere Calmes
5 (16)
Utilitys
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Utilitys
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Utilitys
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DaneTrades Ltd
5 (2)
Utilitys
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5 (2)
Utilitys
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Noha Mohamed Fathy Younes Badr
5 (6)
Utilitys
Hi, all.  News trapper EA It is an expert for trading very safe expert  put Settings interest rate only or high impact news for Automated Trading on the news of the economic calendar. It shows stable trading during last 10  years. EA doesn't use dangerous technologies like martingale, grid. The Expert is very simple to use. The program contains flexible settings In the terminal settings, you need to add the news site to the list of allowed URLs. Click Tools >Options > Expert Advisors. Check th
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Eric John Pajarillaga Aldana
5 (4)
Utilitys
TakePropips TradePad Pro enthält einen leistungsstarken Handelsmanager, Währungsstärkemesser, Kontoberichtstools, Risikomanagementtools und mehr! Es ist einer der fortschrittlichsten Forex-Handelsmanager und Handelsassistenten, denen Sie jemals begegnen werden! Es ist die perfekte Lösung für Händler, die Handelstransaktionen effizienter verwalten möchten. Sie können das Benutzerhandbuch in unserem Blogbeitrag herunterladen:   https://www.mql5.com/en/blogs/post/751180 Sie können dieses Handelss
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Experten
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Experten
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Utilitys
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Aleksander Chernov
Experten
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Indikatoren
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Utilitys
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