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TralDynamic

The utility for managing open positions can work with stops (take profit and stop loss) in money, percentages or points. The built-in trailing stop starts working from profit, the size of which can be set in currency or as a percentage.

With the help of the built-in trading simulator, you can check how the utility works in the strategy tester.

Benefits

  • setting stop loss and take profit in the deposit currency, as a percentage of the account balance or by points;
  • adding stop loss and take profit to all open positions;
  • trailing stop for all orders opened on the chart;
  • mini profit in currency or as a percentage for the start of the trailing stop;
  • setting up trailing stop of open positions by magic number or by direction;
  • "hot buttons " on the chart for quick execution of commands;
  • operates on 4- and 5-digit accounts.
  • for 5-digit accounts, the parameters are automatically increased by 10.

Parameters

Block 1. GENERAL SETTINGS

  • Magic number (-1 for all) - at -1 all orders on the chart.
  • Positions: - choice of direction (Buy, Sell or Buy and Sell).
  • Add SL and TP - add stop loss and take profit in all open orders.
  • TP & SL mode by: - selection of the mode for stop loss and take profit.
    • Points - normal mode by points
    • Percent - by percentage of the Account Balance.
    • Money - in the amount of the deposit currency.
  • TP in points - take profit size in points.
  • SL in points - stop loss size in points.
  • TP in percent (%) - take profit size in percent.
  • SL in percent (%) - stop loss size in percent.
  • TP in the money ($) - the amount of take profit in the deposit currency.
  • SL in the money ($) - stop loss in the deposit currency.
  • Show TP and SL levels - show SL and TP levels (for interest and money).

Block 2. TRAILING STOP

  • Enable Trailing stop
  • Mini profit by: – selection of the mini profit mode for starting the trailing stop:
    • Percent - percent from the Account Balance;
    • Money - in the deposit currency;
    • Disabled - mini profit is disabled, trailing stop will work as usual without mini profit.
  • Mini profit ($) in the currency of deposit - mini profit after which the trailing stop starts to work.
  • Mini profit in % of Balance - the size of the mini profit in percent after which the trailing stop will start working.
  • Trailing stop level
  • Trailing step

Block 3. OTHER SETTINGS


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Prop Firm Equity Protector safe guard your hard earned prop firm account from balance or equity downdraw. It can be used for live/personal account too. It will close all positions if drawdown hit the preset level or percentage. It can be set to close other EA in the same MT4 terminal too.  This utility is not need to use conjuction with  HFT Prop Firm EA (Green Man),   HFT Prop Firm EA has it build-in equity protector and also it has ultra low drawdown. Setting: Prop Firm Account Size Drawdown
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Viktor Shpakovskiy
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