DualpendingSlippage
- Experts
- Version: 23.1
- Activations: 5
Dual Pending Slippage Bot is a high-precision automated trading system designed to capitalize on market volatility and price breakouts. By placing simultaneous dual pending orders (Buy Stop and Sell Stop), the EA dynamically adapts to fast price movements while maintaining strict risk management and dollar-based protection algorithms. Equipped with smart replacement order technology, dynamic breakeven/trailing functions, and daily equity protection, Dual Pending Slippage Bot ensures that profitable trends are maximized while protecting account balance. Key Strategy Features: ====================== 1. Dual Breakout Execution: Places Buy Stop and Sell Stop pending orders simultaneously around the current market price at customizable gap distances. 2. Dynamic Distance Adjustment: Once an order triggers into an active position, the opposite pending order is instantly repositioned closer to protect against sharp trend reversals. 3. Smart Replacement Mechanism: If a trade hits Stop Loss, a replacement pending order is placed at the exit price to catch continuous breakout movements. 4. Auto-Reset on Profit: When a position reaches Take Profit or target profit, all pending orders are cleared, and a clean new cycle begins. 5. Dollar-Based Risk Calculation: Stop Loss and Take Profit are configured directly in USD per trade, automatically adjusting to any broker symbol point value. 6. Profit Protection Engine: Advanced Trailing Stop locks in gains step-by-step and ensures that profitable positions never return to loss. 7. Daily Loss & Profit Limits: Built-in daily target and max drawdown controls in USD to prevent overtrading and protect equity. 8. Complete Account Compatibility: Works seamlessly on both Netting and Hedging account modes across all MT5 brokers. Input Parameters Guide: ======================= --- Trade Settings --- - Lot Size: Volume of each trade (auto-normalized to broker limits). - Stop Loss per order in USD: Risk amount per trade in USD. - Take Profit per order in USD: Profit target per trade in USD. --- Distance Settings --- - Initial gap between orders in points: Distance between Buy Stop and Sell Stop at start. - Distance for 2nd order after fill in points: Re-entry distance for the opposite pending order once a position is active. --- Daily Limits Settings --- - Enable Daily Profit Target / Daily Profit Target in USD: Stops trading once daily target is reached. - Enable Daily Max Loss / Daily Max Loss in USD: Protects account equity from daily drawdowns. --- Time Filter Settings --- - Enable Time Filter / Start Hour / End Hour: Restricts trading to specific active market sessions. --- Trailing & Protection --- - Enable Breakeven & Trailing: Activates profit locking mechanism. - Profit in USD to trigger Breakeven: Profit threshold to move Stop Loss to entry price. - Step in USD to lock more profit: Increment step to advance Stop Loss as profit increases. --- General Settings --- - Magic Number: Unique identifier for tracking EA orders. Recommended Setup: ================== - Assets: EURUSD, GBPUSD, XAUUSD (Gold), US30, or any volatile instrument. - Timeframe: Any (H1 or M30 recommended). - Account Type: Low spread ECN / Raw Spread account recommended. Risk Disclaimer: ================ Past performance is no guarantee of future trading results. Always test the Expert Advisor on a demo account first to understand its risk and behavior before deploying live funds.
