• Overview
  • Reviews (5)
  • Comments (6)
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Trail Stops by Custom Indicator

The Expert Advisor modifies the Stop Loss orders of positions opened for the instrument of the current chart based on the custom indicator values. It is possible to use both the default settings or your own.

Integrates NRTR (Nick Rypock Trailing Reverse), Moving Average indicators and linear regression channel.

Attention!

To use the adviser, you must have minimal knowledge!

Namely, to be able to look into the indicator code.

You need to know the indicator buffer number in which support values are stored and the buffer number of the resistance values.


Switchable modes

  • only profit - trailing enabled only when in profit,
  • only to price - trailing stop moves the stop loss level only towards the price,
  • every tick - trailing triggers on every tick or only on formed bars.
  • every order - each position is processed individually, or all as a total position.
  • hide stop - enable mode of hiding the stops. If enabled, stop loss orders are not placed.
  • Notification On/Off - enable sending notifications to mobile device.
  • Email On/Off - enable sending e-mail messages.


Parameters

  • support - the number of the indicator buffer with the support value (stop loss for long position).
  • resistance - the number of the indicator buffer with the resistance value (stop loss for short position).


Extra parameters

  • magic number - magic number. If not zero, only the positions with this number are processed.
  • deviation - deviation in points, which is allowed when performing trading operations.
  • switch for notifications on balance change
  • threshold for notifications on low margin level. If 0, notification is disabled.


Keyboard Shortcuts

  • Shift+? - Display/hide information on hotkeys.
  • Shift+0 - Zero the levels of hidden stops.
  • Shift+1 - Brief trading report for the current symbol.
  • Shift+2 - Brief trading report for all but the current symbol.
  • Shift+3 - Brief trading report for all symbols.
  • Shift+4 - Summary report on activity on the account.
  • Shift+5 - Summary report on daily trading for all symbols.
  • Shift+6 - Summary report on daily trading for the current symbol.
  • Shift+R - Open the list of available indicators.
  • Shift+С - Clear trades tracing in all windows.
  • Shift+S - Additional settings.
Reviews 5
are1971
295
are1971 2020.09.29 18:01 
 

So far best panel on the market for "Trail Stops by Custom Indicator"

Tarun Chaudhry
3731
Tarun Chaudhry 2018.04.05 22:48 
 

Quite unique and good. Does what it says.

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AW Grids Maker   is used to build grids from pending orders. The utility is universal, has flexible settings and an intuitive panel interface. The program builds networks from STOP and LIMIT orders with the necessary step, uses the position volume multiplier. Troubleshooting, appeal to the author - >   https://www.mql5.com/en/blogs/post/741436   Benefits: Uses pending orders of all types. Simple and flexible setup. Well-designed and multi-functional utility panel. Thoughtful information module
35 USD
Symbols Changer MT5
Fabrizio Malavasi
This is an essential tool. You can  compare  forex pairs, indices, metals, securities as stocks and bonds with the same chart setup.  The  Time Frames Changer  and the   Symbol Changer  can work togheter or independently of each other. You can use the  buttons   or the   keys of the keyboard   to switch  forward  or  backward  the  lists . You can also decide to  shut down  all the  buttons  and use only the keyboard . In this case, if needed, it can be turned on a label that show the current
46 USD
Renko chart generator
Artur Zas
Professional renko charting on a custom symbol chart accurate pricing to the tick  accurate timeline (no future date projections ) every renko variation in a single package very responsive charts An Expert Advisor (EA) used to create custom Renko charts and provide real-time updates. This is an MT4 "offline" chart equivalent which is very simple to use. All historical renkos are constructed using real tick data from the broker's server. You can attach any MT5 compatible indicator or temp
35 USD
AW Shepherd Safety MT5
Alexander Nechaev
The work of the utility is directed at opening new market orders, maintaining them, transferring the unprofitable orders into profit using an internal loss handling algorithm, trend filtering and various types of trailing stop and take profit. Suitable for any instruments and timeframes. The algorithm works separately for buys and sells, which allows simultaneously working in both directions as well. For the event when the additional orders opened by the utility do not become profitable, a StopO
35 USD
Infinity Trade Utility TL
Evgenii Aksenov
⭐   ⭐   ⭐   ⭐   ⭐ Buy this EA gives you the right to get the second EA for free:     https://www.mql5.com/en/blogs/post/740436 Only 10 copies for $125 (next price --> $149  --> $199) The Utility for managing orders in manual/semi-automatic/automatic modes by INFINITY TrendLine PRO indicator signals RECOMMENDATION Symbols     Any pairs: FX, Metals, Coins, CFD, Index Timeframe     M5-D1 Minimum deposit         1 00 usd  Promo of Month Buy One --> Get One FREE (Conditions here:  https://www.m
125 USD
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AccountQuickReport
Andrej Nikitin
The script creates account summary report in a separate window. The report can be created for all deals and on deals for selected financial instruments. It is possible to specify a time interval of calculation and save report to htm-file. The script creates account summary report in a separate window. The report can be created for all deals and for deals of the selected financial instruments. It is possible to specify a time interval of calculation and save report to htm-file. Input paramet
30 USD
TrailingStop 4
Andrej Nikitin
The Expert Advisor modifies the Stop Loss order position opened for the instrument of the current chart based on indicator values. Uses indicators Parabolic SAR ,  NRTR (Nick Rypock Trailing Reverse) ,  Moving Average  or linear regression channel. Switchable modes: Trailing stop only when in profit; Trailing stop only following the price; On every teak or on formed bars; Trailing for each order separately or for a total position. Has an option of "hidden stop", also you can exclude individual
30 USD
TrailingStop MA
Andrej Nikitin
The indicator draws two simple moving averages using High and Low prices. The MA_High line is displayed when the moving average is directed downwards. It can be used for setting a stop order for a sell position. The MA_Low line is displayed when the moving average is directed upwards. It can be used for setting a stop order for a buy position. The indicator is used in the TrailingStop Expert Advisor. Parameters Period - period of calculation of the moving average. Deviation - rate of convergence
FREE
Ticks Bars
Andrej Nikitin
This tick indicator draws synthetic bars/candlesticks that contain a definite number of ticks. Parameters: option prices - price option. It can be Bid, Ask or (Ask+Bid)/2. the number of ticks to identify Bar - number of ticks that form OHLC. price levels count - number of displayed price levels (no levels are displayed if set to 0 or a lower value). calculated bar  - number of bars on the chart. Buffer indexes: 0 - OPEN, 1 - HIGH, 2 - LOW, 3 - CLOSE.
FREE
TrailingStop MA 4
Andrej Nikitin
The indicator draws two simple moving averages using High and Low prices. The MA_High line is displayed when the moving average is directed downwards. It can be used for setting a stop order for a sell position. The MA_Low line is displayed when the moving average is directed upwards. It can be used for setting a stop order for a buy position. The indicator is used in the TrailingStop Expert Advisor. Parameters Period - period of calculation of the moving average. Deviation - rate of convergence
FREE
Tick
Andrej Nikitin
A simple tick indicator of Bid and Ask prices. The period separator (1 minute) is displayed as a histogram. Parameters Price_levels_count - number of price levels to be displayed. Bar_under_calculation - number of bars of the indicator to be displayed on the chart.
FREE
Ticks
Andrej Nikitin
A simple tick indicator of Bid and Ask prices. The period separator (1 minute) is displayed as a histogram. Parameters Show Bid Line - show/hide the Bid line; Show Ask Line - show/hide the Ask line; Show Labels - show/hide the last price values.
FREE
TrailingStop Demo
Andrej Nikitin
The Expert Advisor modifies the Stop Loss level of the opened position (on the current instrument). The Parabolic SAR , NRTR (Nick Rypock Trailing Reverse) , Moving Average indicators or the linear channel regression are used. Switchable modes: Trailing stop only when profit; Trailing stop only to price; work on each tick or on completed (formed) bars. This demo version of TrailingStop can be used on demo accountы only. It has a limitation on the number of trade operations.
FREE
Ticks RSI 4
Andrej Nikitin
The Relative Strength Index indicator drawn using a tick chart. After launching it, wait for enough ticks to come. Parameters: RSI Period - period of averaging. overbuying level - overbought level. overselling level - oversold level. calculated bar - number of bars on the chart for the indicator calculation. The following parameters are intended for adjusting the weight of RSI signals (from 0 to 100). You can find their description in the Signals of the Oscillator Relative Strength Index section
10 USD
Ticks Envelopes 4
Andrej Nikitin
The Envelopes indicator drawn using a tick chart. After launching it, wait for enough ticks to come. Parameters: Averaging period - period of averaging. Smoothing type - type of smoothing. Can have any values of the enumeration ENUM_MA_METHOD . Option prices - price to be used. Can be Ask, Bid or (Ask+Bid)/2. Deviation of boundaries from the midline (in percents) - deviation from the main line in percentage terms. Price levels count - number of displayed price levels (no levels are displayed if
10 USD
Ticks Stochastic 4
Andrej Nikitin
The Stochastic Oscillator indicator is drawn on the tick price chart. After launching it, wait for enough ticks to come. Parameters: K period - number of single periods used for calculation of the stochastic oscillator; D period - number of single periods used for calculation of the %K Moving Average line; Slowing - period of slowing %K; Calculated bar - number of bars in the chart for calculation of the indicator. The following parameters are intended for adjusting the weight of signals of the
10 USD
Ticks MACD 4
Andrej Nikitin
The Moving Average Convergence/Divergence(MACD) indicator drawn using a tick chart. After launching it, wait for enough ticks to come. Parameters: Fast EMA period - indicator drawn using a tick chart. Slow EMA period - slow period of averaging. Signal SMA period - period of averaging of the signal line. calculated bar - number of bars on the chart for the indicator calculation. The following parameters are intended for adjusting the weight of MACD signals (from 0 to 100). You can find their desc
10 USD
Ticks Bands 4
Andrej Nikitin
The Bollinger Bands indicator drawn using a tick chart. After launching it, wait for enough ticks to come. Parameters: Period - period of averaging. Deviation - deviation from the main line. Price levels count - number of displayed price levels (no levels are displayed if set to 0). Bar under calculation - number of bars on the chart for the indicator calculation. Buffer indexes: 0 - BASE_LINE, 1 - UPPER_BAND, 2 - LOWER_BAND, 3 - BID, 4 - ASK.
10 USD
Ticks OsMA 4
Andrej Nikitin
The Moving Average of Oscillator(OsMA) indicator drawn using a tick chart. After launching it, wait for enough ticks to come. Parameters: Fast EMA period - fast period of averaging. Slow EMA period - slow period of averaging. Signal SMA period - period of averaging of the signal line. calculated bar - number of bars for the indicator calculation.
10 USD
Ticks CCI 4
Andrej Nikitin
The Commodity Channel Index(CCI) indicator drawn using a tick chart. After launching it, wait for enough ticks to come. Parameters: period - number of single periods used for the indicator calculation. calculated bar - number of bars for the indicator calculation. The following parameters are intended for adjusting the weight of CCI signals (from 0 to 100). You can find their description in the Signals of the Commodity Channel Index section of MQL5 Reference. The oscillator has required directio
10 USD
Ticks ADX 4
Andrej Nikitin
The Average Directional Movement Index indicator drawn using a tick chart. After launching it, wait for enough ticks to come. Parameters: Period - period of averaging. Сalculated bar - number of bars on the chart for the indicator calculation. Buffer indexes: 0 - MAIN_LINE, 1 - PLUSDI_LINE, 2 - MINUSDI_LINE.
10 USD
Tick StdDev 4
Andrej Nikitin
The Standard Deviation (StdDev) indicator drawn using a tick chart. After launching it, wait for enough ticks to come. Parameters: Period - period of averaging. Method - method of averaging. calculated bar - number of bars for the indicator calculation.
10 USD
Ticks Momentum 4
Andrej Nikitin
The Momentum indicator drawn using a tick chart. After launching it, wait for enough ticks to come. Parameters: period - period of the indicator calculation. levels count - number of displayed levels (no levels are displayed if set to 0) calculated bar - number of bars for the indicator calculation.
10 USD
Ticks Bulls 4
Andrej Nikitin
The Bulls Power indicator drawn using a tick chart. After launching it, wait for enough ticks to come. Parameters: Period - period of averaging. The number of ticks to identify high/low - number of single ticks for determining high/low. Calculated bar - number of bars for the indicator calculation. The following parameters are intended for adjusting the weight of Bulls Power signals (from 0 to 100). You can find their description in the Signals of the Bulls Power oscillator section of MQL5 Refer
10 USD
Ticks Bears 4
Andrej Nikitin
The  Bears Power indicator drawn using a tick chart. After launching it, wait for enough ticks to come. Parameters: Period - period of averaging. The number of ticks to identify high/low - number of single ticks for determining high/low. Calculated bar - number of bars for the indicator calculation. The following parameters are intended for adjusting the weight of Bears Power signals (from 0 to 100). You can find their description in the Signals of the Bears Power oscillator section of MQL5 Refe
10 USD
Tiks ATR 4
Andrej Nikitin
The  Average True Range (ATR)  indicator drawn using a tick chart. After launching it, wait for enough ticks to come. Parameters: ATR Period  - number of single periods used for the indicator calculation. The number of ticks to identify Bar  - number of single ticks that form OHLC. Price levels count  - number of displayed price levels (no levels are displayed if set to 0 or a lower value). price mode  - choice of prices under calculation (can be bid, ask or average). Сalculated bar  - number of
10 USD
Tiks WPR 4
Andrej Nikitin
The  Williams' Percent Range (%R)  indicator drawn using a tick chart. After launching it, wait for enough ticks to come. Parameters: WPR Period  - period of the indicator. Overbuying level  - overbought level. Overselling level  - oversold level. price mode  - choice of prices under calculation (can be bid, ask or average). Сalculated bar  - number of bars for the indicator calculation. The following parameters are intended for adjusting the weight of WPR signals (from 0 to 100). You can find t
10 USD
Ticks Price Channel 4
Andrej Nikitin
The  Price Channel  indicator drawn using a tick chart. After launching it, wait for enough ticks to come. Parameters: Period  - period for determining the channel boundaries. Price levels count  - number of displayed price levels (no levels are displayed if set to 0). price mode  - choice of prices under calculation (can be bid, ask or average). Bar under calculation  - number of bars on the chart for the indicator calculation. Buffer indexes: 0 - Channel upper, 1 - Channel lower, 2 - Channel m
10 USD
Abigail 4
Andrej Nikitin
Description: Abigail is a medium-term trading system making profit during the price rollback. The Expert Advisor has been optimized for working on EURUSD. However, it can successfully work with other currency pairs as well. You can examine the Expert Advisor's trading statistics for different brokers and symbols at MetaTrader 4 and MetaTrader 5 Trading Signals sections. Parameters: Risk management: enter volume - market entry volume. If the value is greater than 0 - number of lots, if less than
1 200 USD
TimeFilter 4
Andrej Nikitin
TimeFilter indicator allows you to visually select bit masks (GoodHourOfDay, BadHoursOfDay, GoodDayOfWeek, BadDaysOfWeek) for the  Intraday Time Filter  module of trading signals of the Standard Library. The use of time filters allows you to take into account the particulars of each trading session in performing trading operations.
19 USD
TimeFilter simple 4
Andrej Nikitin
The indicator is an inter-week hourly filter. When executing trading operations, the indicator allows considering time features of each trading session. Permissive and restrictive filter intervals are set in string form. The used format is [first day]-[last day]:[first hour]-[last hour]. See the screenshots for examples. Parameters: Good Time for trade - intervals when trading is allowed. Bad Time for trade - intervals when trading is forbidden. time filter shift (hours) - hourly shift. percent
12 USD
AccountQuickReport 4
Andrej Nikitin
The script creates account summary report in a separate window. The report can be created for all deals and for deals on selected financial instruments. It is possible to specify a time interval of calculation and save report to an htm file. Script inputs report starting date - initial report generation date. symbols selection for report - select a method of choosing tools for a report generation. allSymbol - report is generated for deals performed on all symbols. onlyCurrentSymbol - report
30 USD
PositionGroupClose 4
Andrej Nikitin
The EA performs trade operations of closing position groups. Positions are grouped by type. It is possible to select orders by the profit (loss) value. It is possible to form the closure groups manually. You can set a value for automatic closure of a positions group after reaching a certain profit/loss level or price level. The additional functions of the EA are called using the hot keys: SHIFT+A - show/hide Auto exit options. SHIFT+S - show/hide Settings panel. SHIFT+V - sound ON/OFF. SHIFT+I -
19 USD
AddPosition 4
Andrej Nikitin
The Expert Advisor for increasing (or opening) market positions. Allows specifying the desired risk, target and searching for the best open price and trade volume.
19 USD
Line Crossing Alert 4
Andrej Nikitin
The Expert Advisor notifies that a price has crossed a line on the chart. It handles two types of lines - horizontal line and a trendline. The number of lines is unlimited. Parameters: prefix of signal line - prefix of object (line) names processed by the indicator. If the parameter is empty, it handles all object types: horizontal lines and trendlines. price Mode - price type (bid or ask). timeout - crossing alert timeout. number of repeats - the limit of crossing alert repeats. number of comme
30 USD
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Andrei
836
Andrei 2017.05.16 09:18 
 

User didn't leave any comment to the rating

Tarun Chaudhry
3731
Tarun Chaudhry 2018.04.05 22:48 
 

Quite unique and good. Does what it says.

Dimitar Dimitrov
57
Dimitar Dimitrov 2020.06.04 10:09 
 

If i there was a zero rating i would have rate as that,the worst EA i have bough so far, author not helpfull at all, indicator buggy on the simplest things like drag it here and there, cannot close it if i want so, not to mention that it doesn't turn autotrading. Author blames me for incompetency and knowledge to use it. Absolute waste of time and money, AVOID AT ANY COST

stevenxbrowning
63
stevenxbrowning 2020.06.16 22:53 
 

I paid US$30 for this and I have wasted hours trying to make it do anything at all, I would like my money back!!! I tried it on the demo site and my active site and nothing works.

are1971
295
are1971 2020.09.29 18:01 
 

So far best panel on the market for "Trail Stops by Custom Indicator"

Reply to review
Version 1.44 2020.06.17
new compilation
Version 1.43 2019.10.14
minor fixes
Version 1.42 2019.10.14
Error correction
Version 1.10 2016.06.14
Added panel for processing a group of orders/positions.
Buttons to send notifications to a smartphone and email are now available in settings.
Bug fixes.