Market / MetaTrader 4 / Utilities /

Envelopes Trailing Stop

Demo downloaded: 80

Published: 16 February 2017

Current version: 1.25

Envelopes Trailing Stop

Utilities
Oleg Remizov
Oleg Remizov
Russia

14904
4.8 (33)
- https://www.youtube.com/channel/UCg4DzftGLBPEO4WcdoH3xLQ
16 products 10 topics 100 comments
Version: 1.25
Updated: 31 March 2020
Activations: 5

The Envelopes Trailing Stop is a tool that implements trailing of the stop loss order after the price based on the Envelopes trend indicator.

The utility provides all the necessary parameters for customization, which allows to select the optimal configuration for any user.

The EA allows to choose the trailing line depending on the type of the trade. For example, buy trades can be trailed based on the lower line of the indicator, and sell trades can be trailed based on the upper line.

The Magic parameter allows to simultaneously work with other experts on the account.

Input parameters

Magic - magic number: 0 - trailing of all trades, 1>= - trailing of trades with the specified Magic;
Stop Level - stop level;
Slippage - slippage;
ENVELOPES SETTINGS - settings of trailing based on the Envelopes indicator;
Use Envelopes Trailing - use trailing based n the Envelopes indicator;
Envelopes Timeframe - timeframe of the indicator;
Envelopes Period - period of the indicator;
Envelopes Type - method of the indicator;;
Envelopes Applied Price - applied price;
Envelopes Buy Line - line for trailing buy trades;
Envelopes Sell Line - line for trailing sell trades;
Envelopes Deviation - deviation of the indicator;
Envelopes Shift - shift of the indicator;
Envelopes Symbol - trading instrument: CurrentSymbol - current instrument, AllSymbols - all instruments.

more...

1446

Michael Maggi 2017.06.22 15:13 #

I have used several trailing stop products over the years and this is by far the best trailing stop on the market. It does the job and is not overly complicated. I highly recommend it.

Update 2 months later. Of the several I have tried, the Envelopes Trailing Stop is the best for me as it trails the shorts and longs separately: upper band for short stop loss, lower band for long stop loss.

I currently run this on about 30 charts as my trading system allows me to trade any of the currency pairs and CFDs with long term trends on D1 charts, Renko charts, and from time to time some other auto traders.

I work a full time job in remote places in the oil and gas industry so it is important to me that I have trailing stops working 24 hours. This allows me to trade the Asian, European, and US market hours with confidence that a Envolopes Trailing Stop will watch my back.

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The Profit Loss Control Panel is a tool designed to control loss and profit in trading. It allows to close deals if profit and/or loss of positions opened on the account reaches a certain limit. Limit types Percentage of balance Number of points Deposit currency Thus covering the most popular list of reasons to close the deal. The panel allows to combine limits of various types, for example, limit loss as a percentage of the deposit and limit profit in deposit currency. Limits as a percentage o

30 USD

The Parabolic SAR Trailing is a utility that provides a trailing stop based on the Parabolic SAR indicator. Moving the stop loss order according to the values of this indicator is considered to be the most popular solutions for trailing, as this trend indicator follows the price. The utility can work with deals on all trading instruments or on the selected instrument. Thanks to the Magic parameter, it is possible to provide joint operation with other experts and management of the stop loss order

30 USD

Trailing Stop Universal MT4 / MT5 utility is a multifunctional tool for protecting floating profit on open positions and reducing possible risks in trading. To realize these goals, the tool offers the user the following features. Breakeven function - transfers a position to breakeven when the profit of the position allows it. If this function is enabled and the conditions of its operation are met, it moves the StopLoss order to the opening price of the position or even to the profitable area of

69 USD

Fractals Trailing Stop is a tool that implements trailing of the stop loss order after the price based on the Fractals by Bill Williams. The utility provides all the necessary parameters for customization, which allows to select the optimal configuration for any user. The EA allows to choose the trailing line depending on the type of the trade. For example, buy trades can be trailed based on the downward fractals, and sell trades can be trailed based on the upwards fractals. The Magic parameter

30 USD

The OHLC Trailing Stop utility trails stop loss based on control prices of the specified bar: Open , High , Low , Close . In the utility settings, you can choose the bar number, which prices will be used for the trailing stop function. A control price for trailing can be specified separately for buy and sell trades. The Magic parameter allows using the utility together with other Expert Advisors. Input parameters Magic - magic number: 0 - trailing of all trades, 1>= - trailing of trades with th

30 USD

69 USD

Impulse EA MT5 Expert Advisor is based on the author's trading strategy. The EA algorithm does not use martingale, averaging and any other risky money management systems. It is based on candlestick analysis. The EA analyzes several time frames and determines the dominant price direction. Entering the market takes place in moments of a surge of volatility. Each trade of the EA is accompanied by stop Loss and Take Profit orders. The size of Stop Loss and Take Profit is determined by market volati

50 USD

Auto SLTP Maker MT5 is an assistant for all those who forget to set StopLoss and/or TakeProfit in deal parameters, or trade on a very fast market and fail to place them in time. This tool automatically tracks trades without StopLoss and/or TakeProfit and checks what level should be set in accordance with the settings. The tool works both with market and pending orders. The type of orders to work with can be set in the parameters. It can track either trades for the instrument it runs on, or all

40 USD

The Grid Builder MT5 utility is designed for placing a grid of pending orders of any complexity and will be an excellent tool in the hands of a trader who trades grid trading strategies. The tool has numerous settings that allow you to quickly and easily build a grid of orders with the specified parameters. All types of pending orders are supported: Buy Stop; Buy Limit; Sell Stop; Sell Limit. The script also allows you to delete a previously placed grid of orders in one click. If the "Delete

40 USD

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Michael Maggi 2017.06.22 15:13 #

I have used several trailing stop products over the years and this is by far the best trailing stop on the market. It does the job and is not overly complicated. I highly recommend it.

Envelopes Trailing Stop

Oleg Remizov

Input parameters