Watch how to download trading robots for free

Find us on Facebook!
Join our fan page

Interesting script?
So post a link to it -
let others appraise it

You liked the script? Try it in the MetaTrader 5 terminal

Views:

8500

Rating:

(15)

Published:

2016.04.06 17:03

smarttrail.mq4 (2.32 KB) view

Download as ZIP, How to download code from MetaEditor

Need a robot or indicator based on this code? Order it on Freelance Go to Freelance

This library has SmartTrail trail function that depends on the previous candle.

An example:

the Library first tests if new candle is formed, then in buying positions the trailing StopLoss moving on Low[1] (Low of Previous Bar) in one direction (Profit Direction); and vice versa in selling positions which moving on High[1].

MoneyManagement

It calculates the lot size depending on risk percentage entered by user in input parameters.

PriceAction indicator

PriceAction indicator based on indicating Price Action candles. It indicates each candle type by different colored histogram bars.

StopLoss Calculation

This library made to simplify calculating your stop loss.

Fibonacci Levels

This is an indicator which draws Fibonacci levels as indicator indexes.

SmartTrail - library for MetaTrader 4