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Automatic Trailing Stop Loss with Take Profit

The product automatically adds a stop loss (SL) and a profit target to your manual or automatic trading. It is good for semi-automatic strategies!


How Does It Work?

Insert this tool into the chart and set the size of a stop loss and a take profit in the dialog box (the value is for 5-digit brokers, for example: value 100 = 0.00100). You can also determine, which symbols the program should be watching. After opening a market order, each trade gets a stop loss and a take profit. A stop loss is automatically moved up or down and your loss is thus reduced. A take profit is fixed but can be moved manually any further. You can adjust those values by the drag and drop method in the MetaTrader.

If you plan to catch a certain profit or loss value and you wish to close out all the positions, you can set a given value in the USD units (CloseProfit). If the profits should be added up, all the positions are closed out. This function can be applied even for the loss using the variable CloseLoss. Receiving email notifications of opening and closing out trades is a part of the program. For this purpose, it is necessary to fill in the SMTP details of your mailbox in the settings of MetaTrader.


Advantages

  • AutomaticTrailing can be opened as an Expert Advisor in any window of a currency pair, while it can check your trades of your opened charts with symbols which are filled out in the Symbols parameter.
  • It automatically detects the number of decimal places (no need to set it up).
  • It can be combined with Limit and Stop orders (SL and TP are added after order activation).
  • A stop loss is moved after each tick.
  • A stop loss and a take profit are positioned according to your values right after you enter the manual order.
  • The program can close out trades from predefined symbols depending on the profit or loss achieved.
  • A stop loss and a take profit can be manually moved even after they have been added by AutomaticTrailing.


Parameters

  • AccountNickname: name your account (it is suitable for emails, for example).
  • SL: size of a trailing stop loss in pips (points) (100 = 0.00100 = 10 pips).
  • TP: size of a take profit in pips (points).
  • CloseProfit: close out all the positions upon reaching a profit in a given currency of the account. 0 = inactive.
  • CloseLoss: close out all the positions upon suffering a loss. 0 = inactive.
  • Symbols: enter the symbols of charts (separated by comma) that should feature a stop loss or a take profit in trading. If you would like the program to take care of all of your trades in all of your currencies, enter an asterisk *. Otherwise, enter the valid symbols, for example: EURUSD, USDCAD, GBPUSD.
  • MailOrdersClose: if true, an email notification is sent after a trade is closed out (even if a trade is closed out by using SL or TP).
  • MailOrdersOpen: same as the previous value. An email notification is sent after a trade is opened (note: the function can check the trades of different Expert Advisors, for example).
If you have any questions, just add a comment and I will get back to you.
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The "VIRTUAL Trade Panel" is designed for virtual management of any number of orders. To manage orders, you can use StopLoss, TakeProfit, TrailingStop, BreakEvenStopLoss and BreakEvenTakeProfit. You can change all the input parameters on the panel at any time. The values of the input parameters are unchanged when switching chart timeframes and when hiding the panel with the "Hide" button. When the chart or terminal is closed, they are reset to the default values. Key Features It is possible to
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Forward Alert To Telegram
Trinh Dat
The Expert Advisor will help you forward all alert from  MetaTrader 4 to Telegram channel/ group.  All alert must save to folder <Data folder>MQL4\Files\Alerts\ , text file with format *.txt and screenshot with format *.png. Parameters Telegram Bot Token   - create bot on Telegram and get token. Telegram Chat ID    - input your Telegram   user ID,   group /   channel ID Forward Alert - default true, to forward alert. Send message as caption of Screenshot - default false, set true to send messa
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Light Orders Copier
Mikhail Zhitnev
High-speed trades copier (trades duplicator). Made for copying trades with adjusted lot size and direction at same account . It can be useful for subscribers of SIGNALS service. If you are a subscriber of trading signals then you can see that trading lot size can be different from signal provider to subscriber. Provider can use too high or too low lot size that can be inappropriate for your deposit amount and risk. Another feature of this copier is a trading reverse . It can be useful for loss s
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Copier4Fee Advanced
Vladimir Tkach
The utility copies trades from the signal provider accounts (master accounts, one or multiple providers) to unlimited number of receiver accounts (slave accounts).  Attention! Y ou need to use identifiers (Provider number) of the same length if you use several master copiers. For example. 1, 2, 3 or 11, 13, 22. The copying can be set in the opposite direction. The comments with all the recently performed actions are displayed on the screen to monitor the utility actions in slave mode. To avoid p
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Powerplay Trade Manager
Daniel Stein
⭐️⭐️⭐️⭐️⭐️ You want to become a constantly profitable 5-star forex trader? ⭐️⭐️⭐️⭐️⭐️ 1.  Read the basic description of our simple trading  system   &  and it's major strategy update in 2020   2.   Send a screenshot of your purchase  to get your personal invitation to our exclusive trading chat This Trade Manager is the ideal addition for all  FX Trend  users which like to use a fully automated trade management. It detects your manually opened trades immediately and manages their stops aut
75 USD
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Pending Orders Trailing
Tomas Hruby
Pending Orders Trailing automatically moves your placed STOP and LIMIT orders. It is a very useful tool in cases where you want to catch the perfect price in the trend. How it works Simply place STOP or LIMIT order manually. Pending Orders Trailing will check all pending orders and slide with them following the market movements. Once STOP or LIMIT order turns into a BUY or SELL order, Pending Orders Trailing automatically add stop loss and take profit (immediately after the price reaches pendi
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Trend Pyramide Free
Tomas Hruby
This system was build as a research work. The advantage is the ability to change lots of every next order. This helps to adapt system to many currency pairs. Its a trend system and all orders are opened in the same direction as first order. SELL signal comes when the high of last bars (InitBarsCheck) is over MA (MA_Period), actual price is below MA and two candles pattern was made (Bullish + Bearish candle). Trailing Stop Loss is placed above MA + offset defined in SLtoMAoffset. Second order is
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Bleris Pro
Tomas Hruby
I published Bleris Lite strategy at the Code Base (here https://www.mql5.com/en/code/11966 ) earlier and it was very popular. But now I am very happy to introduce a professional version of this system called Bleris Pro . Strategy is based on combination of indicators. Main one is the CCI indicator. Strategy opens trades when the CCI is overbought or oversold and the price reaches new high or low levels. Order management is adjustable because we can setup distance between orders and maximum numbe
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Quick Monthly Report
Tomas Hruby
Quick Monthly Report – One Click Report Displays the results of trading according to monthly periods in a pop-up window   Advantages With just one click  you can view a list of the entire history according to months Exports data to txt files Filter by Magic Numbers Filter by Symbols Filter by words, letter or phrase in the comment  Calculates the profits gained and the percentage of a performance fee  Enables to calculate the traded volume in Lots and USD   Parametres IncludeOpenedOrders: Includ
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Stufic
Tomas Hruby
Stufic is a result of the long way of development. It was created for use in the management of capital of trading groups. The main idea is to preserve capital through unexpected fluctuations of the markets. It is one of the system that can perform on 90% of currency pairs. It's a participant on World Cup Trading Championship 2016 with real 10K USD. Stufic was also between top five traders in real money contest organized by Fidelis Capital (November 2015, Gain +48%). Why should you have to choo
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Millenium
Tomas Hruby
Millennium is a system that trades on the basis of the highest penetration of low and high, and on the basis of crossing moving averages. This can happen as a trend, and beyond. The original idea was to open only one trade a day, but soon was added to the system filter, which filtered bad days. The strategy was used on a real account, which was profitable. However, We think that it is too volatile and are not suitable for a big accounts. But its ready for a small accounts. Parameters: MagicNum
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ShiftAlgo
Tomas Hruby
Welcome Trader This software is the most advanced piece of EA which I ever made. There was a basic concept how to manage existing trades when market conditions change rapidly and how to handle with new orders. It was the idea of my client but I create this piece of software for him and with multiple innovations and features for You as MQL member. This EA manage multiple groups with too many running trades. You can benefit from this hard work now. Description ShiftAlgo is trading software
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Ian
50
Ian 2018.06.05 12:07 
 

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