Auto Trailing Stop Manager MT5
- Utilities
- Version: 1.1
Maximize your winning trades and lock in profits as the market moves in your favor. Auto Trailing Stop Manager is an advanced trailing stop utility that smoothly moves your Stop Loss behind the current price, securing your gains while giving your trade room to breathe.
Instead of manually dragging your Stop Loss, this EA automates the process using a precise Start, Stop, and Step metric. It is the perfect companion for traders who want to ride massive market trends without leaving their profits unprotected.
Key Features
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Dynamic Profit Locking: Trails the price by a fixed amount of pips once the trade is in profit.
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Custom Trailing Step: Dictate exactly how often the Stop Loss updates (e.g., move the SL every 1 pip) to avoid broker server spam and ensure smooth trailing.
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Delayed Start: Set a specific activation level. The trailing stop won't begin until the market has moved X pips in your favor.
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Multi-Symbol Support: Run it on a single chart, or manage multiple currency pairs from one window.
- Magic Number Filtering: Easily manage manual trades, or pair it with other EAs to protect their specific positions.
Input Parameters
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Auto Trailing Stop: Toggle the feature ON/OFF.
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Start: How many pips in profit the trade must be before the trailing stop activates.
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Stop: The distance (in pips) to maintain between the current price and the Stop Loss.
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Step: The minimum pip movement required before the Stop Loss is updated again.
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Symbols: Specify pairs to manage (e.g., EURUSD) or manage the current chart.
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Magic Number: Filter which trades the EA manages.
