SL and TP Setter

4

You can manually open a trade (one click), and this EA will take care of setting the SL and TP.

SL and TP are set based on the number of pips you specify in the input screen.

You can also choose monetary SL and TP.

SL and TP are determined based on the weighted average price (WAP), so if you open a new trade, SL and TP will be updated according to the new WAP.

The WAP is not unique but differentiated between buy and sell trades (this is useful only if you open opposite trades on the same chart).


Note: If you use SL and TP in pips, to ignore monetary SL and TP, you must set high values for the monetary parameters so that only the pips are considered.
Conversely, if you want to use monetary SL and TP, you should set a high number of pips.


You can use the EA on your own PC if you trade on MT4 desktop.

If you install the EA on a VPS, you can open trades from your smartphone, and the EA will set SL and TP for you.

The Magic Number should always remain 0 (it identifies manual trades).




















































































































































Reviews 1
Hendrikus Pelgrim
1202
Hendrikus Pelgrim 2025.03.14 18:18 
 

okay

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The AlgoKing Lightning Bolt Strategy is a trade manager and has multiple indicators built for a complete trading strategy.  Here is a list of indicators built in. Indicators Auto drawn Support and Resistance signals Auto drawn RSI Divergence signals Auto drawn Fibonacci Retracement signals with buy and sell entry lines. Lightning Bolt reversal signals. Auto drawn trend lines. Trade Management Auto take partials at simple moving average targets. Auto take partial and stop losses at Fibonacci ret
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Utilities
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Utilities
Instantly see your closed trade history by day and week, your current open trades, and forex exposure on one chart! Use the heatmap to identify profitable trades and where your current drawdown is within your trading portfolio. MT5 Version -  https://www.mql5.com/en/market/product/132613 Quick Close Buttons Use the quick close buttons to close every trade on a single symbol, close out individual trades in full, or take partial profits or losses at the click of a button. No more hunting for trade
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Простая в управлении Торговая панель обеспечит безопасную торговлю. Вычислит объём сделки от заданного уровня Stop Loss и величины убытка. Поможет рассчитать сейф, и в ноль закрыть неверную сделку. Интуитивно понятный интерфейс делает панель удобной в управлении, освобождая внимание трейдера для принятия решения о входе в сделку. Программа сделает все расчёты за вас. Поэтому работа с помощью панели Снайпер - оптимальное решение для торговли с соблюдением Мани-менеджмента. А это главный ключ к по
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For use, it is necessary to have both the Hedging or Arbitrage Transmitter and the Hedging or Arbitrage Receiver , and they must run on the same PC or VPS. Hedging or Arbitrage Transmitter It must be installed on the account where the trades will be opened first (preferably the PROP account). In the INPUT section, choose the monetary SL and TP you want on the Transmitter account (PROP) and the monetary SL and TP you want on the Receiver account (Real Account). PollIntervalMs indicates how many
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For use, it is necessary to have both the Hedging or Arbitrage Transmitter and the Hedging or Arbitrage Receiver, and they must run on the same PC or VPS. Hedging or Arbitrage Transmitter It must be installed on the account where the trades will be opened first (preferably the PROP account). In the INPUT section, choose the monetary SL and TP you want on the Transmitter account (PROP) and the monetary SL and TP you want on the Receiver account (Real Account). PollIntervalMs indicates how many
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Hendrikus Pelgrim
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Hendrikus Pelgrim 2025.03.14 18:18 
 

okay

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