TradePad with Custom Indicator Based Trailing Stop
This piece of software called TradePad with Custom Indicator Based Trailing Stop may make your trading process much more convenient. The software has the following functionalities:
- Market BUY/SELL with or without Stop Loss and Take Profit
- Close all orders
- Delete all pending orders
- Close all orders which are currently in profit
- Reverse the position of current orders except the pending orders
- Automatically move the Stop Loss to the Open Price with offset after reaching a particular level of profit
- Trailing Stop with pre-defined distance and step size
- Custom indicator based trailing stop with optional offset
- BUY LIMIT/SELL LIMIT/BUY STOP/SELL STOP with Stop Loss and Take Profit
- Monitor the profit/loss
- Monitor the total positions size
- Monitor the margin level
Before you buy, you may test the software in the strategy tester to verify the functionality.
2. Now the user can decide whether the custom indicator based trailing stop is to be updated for every tick or for every new Bar only.