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Automated Forex Trailing Stop Loss Program

250 USD

Demo downloaded: 2

Published: 27 August 2024

Current version: 1.0

Automated Forex Trailing Stop Loss Program

Utilities
Jairzino Rivelino Williams
Jairzino Rivelino Williams
United Kingdom

941
Trader and programmer in MT4 (MQL4)
VBA Excel
Darwinex D Score 66.2
Stage 1 pass in Prop firm challenge (10%)

1 topic 1 comment
Version: 1.0
Activations: 5

Metatrader5 Trailing Stop Loss Program

Platform Compatibility: This program is designed for the MetaTrader 5 platform.

Functionality: The program scans all open Forex currency pair trades on MetaTrader 5 and adjusts their STOP LOSSES to a PROFIT position based on your specified input parameters.

Parameters and Example:

Example Trade:
- EURUSD Long (BUY) trade @ 1.0800
- STOP LOSS (-50 pips) @ 1.0750
- TAKE PROFIT (+50 pips) @ 1.0850
Program Settings:
- WhenToTrail = 20 PIPS (Pips profit amount to activate Trailing SL)
- TrailingStopValue = 10 PIPS (Pips quantity the Stop Loss trails behind the current price)

Operational Example: If the price of EURUSD rises to 1.0820 (+20 PIPS open profit = WhenToTrail), the new STOP LOSS will be set at 1.0810 (10 PIPS below the current price = TrailingStopValue). The STOP LOSS is now in a PROFIT position of +10 PIPS, moved from the original STOP LOSS of -50 PIPS.

Trail Logic: For every PIP increase beyond 20 PIPS, the STOP LOSS moves by the same incremental amount while maintaining a 10 PIP TrailingStopValue. If the price falls below the 20 PIP increase, the STOP LOSS remains at the last profitable position.

Delivery: This program is available for download after purchase.

Compatibility: Supports 2-digit, 3-digit, 4-digit, and 5-digit brokers.

About the Developer: Developed by an experienced Forex programmer with over 10 years of experience in MetaTrader 4 algorithm creation. Currently holding a DarwinEx Score of 61.4, I have successfully passed proprietary trading challenges. Get support directly from the developer and request customizations if needed.

Why Buy from Me?

Direct Support: As the developer, I am available to provide direct support and answer any questions you might have.
Customization Requests: Need something specific? I offer customization services to tailor the algorithm to your trading strategy.
Expertise You Can Trust: With over 10 years of experience in coding algorithms for MT4/MT5, I ensure that each product is thoroughly tested and reliable.

Feel free to contact me for any assistance or customization requests after purchase.

If you have more descriptions to update or need any further adjustments, just let me know!

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Forex Trading Finance EA Indicator This expert advisor (EA) scans pre-selected currency pairs, CFDs, cryptos, and stock indexes to detect price movements based on user-defined parameters. It helps identify potential trade opportunities when the price rises by a certain percentage (suggesting a sell) or falls by a percentage (suggesting a buy). Key Features: Customizable Percentage Alerts : The EA monitors price changes for user-set percentage thresholds (e.g., a 10% rise or a 5% drop), providin

250 USD

Automated Forex Trading Program - Stochastic Indicator Strategy with Customizable Settings Key Features: Stochastic Indicator Strategy : Utilizes a sophisticated trading strategy based on the stochastic indicator, which is a momentum oscillator. The algorithm identifies potential reversal points at overbought or oversold levels, providing precise trade signals. Customizable Settings : Adjust key parameters like stochastic periods, overbought and oversold levels, as well as Take Profit and Stop

400 USD

Forex Stock Indexes Alerts EA - RSI & Price Index Expert Advisor (MT4) Forex Stock Index Price Alert & RSI EA for MT4 Condition: New Delivery: Electronic and free worldwide. Email required for delivery details upon purchase. What Does the Program Do? The program will alert the user when any of the 10 pre-selected stock index symbols (additional indices can be added upon request) meet specific criteria: AUS200 EUSTX50 FRA40 GER30 HK50 JPN225 UK100 NAS100 US30 US500 For example, if you set a pric

100 USD

Stock Indices Candle Gap Volatility Tool Designed for traders who demand precise and comprehensive analysis of candle gaps across major global stock indices. this tool provides the critical data needed for informed decision-making. Key Features: Candle Gap Analysis: Automatically display the high-low (Hi-Lo) gaps on your chart for any selected timeframe, giving you a clear view of market volatility. Wide Range of Timeframes: Analyze candle gaps (Current Candles) over multiple timeframes, providi

70 USD

Program Overview: This program is a trading tool designed to monitor and analyze the 7 major currency pairs. It is a variant of a similar program used for tracking stock indices, but this version focuses on the seven major currency pairs. The program helps in identifying and calculating significant price movements (gaps) between the high and low prices of these currency pairs over a specified time frame. It then provides insights through comments and alerts based on the calculated gaps. Major Cu

70 USD

METATRADER4 This program is designed to monitor and evaluate the market performance of 21 minor currency pairs by tracking key metrics such as maximum spread and the time of occurrence. For each selected currency pair, the program calculates the current spread and compares it against the highest recorded spread. If a new maximum spread is detected, it updates the maximum value and logs the time. The spread information is dynamically displayed. Additionally, every hour, the program prints out t

50 USD

Forex Candle High/Low Alert Indicator Overview: Forex Candle High/Low Alert Indicator, designed to provide real-time insights and alerts for major currency pairs. This custom-built tool displays key High and Low values over a chosen number of candles and time frame, ensuring you stay informed about critical price movements and trends. (The candles observed are from the 1st candle back - The amount of the chosen number of candles) Key Features: Real-Time High/Low Tracking : The indicator dynamica

60 USD

This MetaTrader4 tool monitors 21 minor currency pairs over a user-defined timeframe, displaying key PIVOT values along with SUPPORT Zones 1, 2, and 3, and RESISTANCE Zones 1, 2, and 3 for each selected pair. Users can choose to have this information optionally displayed on the chart ; however, logging of the data to the log file is always active and occurs periodically based on the selected timeframe. For example, when set to an hourly timeframe, data will be logged every hour; on a minute-base

60 USD

Currency Pair Correlation Matrix & Alerts Tool Analyze correlations across major and minor currency pairs in real-time with Alerts for chosen amounts on positive and negative correlations coefficients where the user can specify the Time Frame and the number of candles to analyze within the Time Frame This adds an added layer flexibility when calculating the coefficients. The time frames that you can select are below PERIOD_CURRENT 0 Current timeframe PERIOD_M1 1 1 minute PERIOD_M5 5 5 minutes

60 USD

METATRADER5 This program is designed to monitor and evaluate the market performance of 21 minor currency pairs by tracking key metrics such as maximum spread and the time of occurrence. For each selected currency pair, the program calculates the current spread and compares it against the highest recorded spread. If a new maximum spread is detected, it updates the maximum value and logs the time. The spread information is dynamically displayed, providing insights into market conditions. Additio

50 USD

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