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InvisibleStopLoss

What is InvisibleStopLoss?

InvisibleStopLoss is a tool designed to allow the trader to hide his/her stop loss from other market participants. Unlike the usual stop loss attached to an order pernamently and visible to the broker, InvisibleStopLoss exists only on the MT4 terminal side and is visible only to the trader.


How to use it in trading?

With the help of the InvisibleStopLoss you can hide your stop order from the broker and set it up as a normal stop loss.

Additionally, InvisibleStopLoss gives you extra features making the stop loss management more flexible.

Stop loss can be set up as:
  • a number of points (if the loss exceeds the number of points defined by the user, order will be closed immediately)
  • a monetary value (if the loss exceeds the money value defined by the user, order will be closed immediately)
  • a price level (if the market price reaches the price set up by the user, order will be closed immediately)

Once the conditions for closing an order are met, program immediately sends the request for closing the order to the broker's server.


**IMPORTANT**

Program must be run on the chart with the open position that we want the InvisibleStopLoss to be applied on!

For the full manual in pdf click this link

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5 (1)
Welcome to the Drawdown Manager MT4, a equity protector – A powerful MetaTrader 4 Expert Advisor designed to manage trades and safeguard your trading account. This tool is equipped with various settings to enhance your trading experience and protect your investments, making it particularly useful for proprietary trading firms. MT5 version is avaialble here Features: General Settings: Configure essential parameters such as the Magic Number for identification and various trading options like set
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ADAM EA Special Version for FTMO  Our 1st EA created using ChatGPT technology Trade only GOOD and checked PROP FIRMS  Default parameters for Challenge $100,000 Tested on EURUSD and GBPUSD only  Use 15MIN Time Frame Close all deals and Auto-trading  before Weekend at 12:00 GMT+3  Friday For Prop Firms MUST use special Protector  https://www.mql5.com/en/market/product/94887 Signal using ADAM  https://www.mql5.com/en/signals/2190554 --------------------------------------------------------------
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5 (2)
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