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  • Reviews (1)
  • Comments (33)
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Virtual Sl Tp and trailing Sl

This panel brings convenient functionality - Virtual Stop Loss and Take Profit levels.


Peculiarities

  1. This panel allows to hide the Stop Loss and Take Profit levels of your trades. 
  2. The panel stores these levels in memory
  3. When the market price reached one of the levels, a trade is closed and terminal generates a message indicating that a virtual level was triggered.
  4. there are 4 options for setting Stop Loss:
    • Fixed Stop Loss - fixed Stop Loss
    • Trailing Stop Loss - classic Trailing Stop Loss.
    • Trailing to breakeven - Trailing SL until the "break even" price (trade open price)
    • Trailing by jumps - when the position profit in pips is equal to the value of TRSL_1, the Stop Loss level is set to the position opening price (to breakeven). If Stop Loss is at "breakeven" and the distance from the current price to the opening price becomes equal to TRSL_2, the Stop Loss order is moved away from the opening price to fix the profit in pips equal to TRSL_3. This Trailing Stop Loss method is very efficient, it has been tested on different strategies. The algorithm is shows on the screenshot below.
  5. It is possible to work with all trades on the symbol or with trades with the specified Magic (useful for working with an EA)
  6. It is possible to set Take Profit
  7. It is possible to draw the SL and TP levels as conventional lines on the chart
  8. It is also possible to set the main settings right on the panel
  9. When using hidden levels, there is an option to add "live levels" for SL (which are greater than the virtual level by the specified number of points)


Attention!

After change settings - Press button "RESET"



Attention!

If the virtual SL/TP levels are enabled and for some reason the connection between the terminal and broker is lost (connection interruption, broker not responding or something else), trades will not be closed when those levels are reached


Reviews 1
j431fx
2333
j431fx 2018.10.12 21:39 
 

I checked this EA only with parameter "Just SL" and TP, I don´t need other functions by now.

It works very well in my hedge account, manual or with an EA, for All orders or just for Magic number (1 or more magics openig Virtual_SL_EA in more graphs).

It has a good price and works, autor has been very helpful fixing some bug, and similar EAs that I checked were more expensive and had errors.

So, 5 stars for Virtual SL/TP is the correct.

The only missed thing is a full functional demo just for 1 symbol(CADJPY or other minor), so that we were able of checking its functions before buying it.

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Alexandr Gavrilin
KopirMT5 (CopierMT5) - transaction copier for the MetaTrader 5 terminal, copies (synchronizes, duplicates) transactions from  hedge accounts  (copier, copy dealers).  Supports copying: MT5 <-> MT5, MT4 -> MT5 Hedge, MT5 Hedge -> MT4 Does not support copying MT5 Hedging < - > MT5 Netting, MT4 < - > MT5 Netting Attention  : For correct operation, at least two terminals on one PC / VPS are required. The first for the account from which it will copy (Server), and the second for the account to wh
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Just Copier MT5
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Agung Imaduddin
"Just copier" is designed to copy trading without any complicated settings. The copy can be done in one PC. One EA can be set as master (provider) or slave (receiver). The receiver lot can be set to multiple providers lots. Please also check this product at fxina.hostingerapp.com.  Any type of copy is available. MT4 -> MT5 MT4 -> MT4 MT5 -> MT5 MT5 -> MT4 If you want to copy MT4 -> MT5 or MT5 -> MT4, please purchase "Just copier" for MT4 and "Just copier" for MT5 separately. Just Copier can copy
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Copy Mt5 to Mt4 and Mt5
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Mikhail Mitin
Excellent Multiplatform Copier of deals. I use it regularly on VPS (copy from Mt5 to Mt4). Multiplatform : copying from MetaTrader 4 to MetaTrader 4; copying from MetaTrader 4 to MetaTrader 5; copying from MetaTrader 5 to MetaTrader 4; copying from MetaTrader 5 to MetaTrader 5. Modes: master   - the current terminal is   source of trades (deals are copied from it); slave   - the current terminal is the receiver of trades (trades are copied to it). from myself  - mode "deals multiplier" (use
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Binance MT5
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Hadil Mutaqin SE
Binance MT5 is a tool for Charting & Trading Bitcoin and Altcoin on Binance Spot Market from MT5 platform. Parameters Symbol = symbol name HistoryData = start time to download history data API Key = your binance api key Secret Key = your binance secret key Custom Symbol = to set manual symbol name * You should allow WebRequest from Tools menu >> Options >> Expert Advisors and add URL: https://api.binance.com * For automatic trading on Binance Spot market you can use this library  https://www
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VirtualTradePad One Click Trading Panel
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Vladislav Andruschenko
Trading Panel for trading in 1 click.  Working with positions and orders!  Trading from the chart or from the keyboard. Opening and Closing, Reverse and Lock, Partial Closing / Autolot. Virtual/real stop loss/take profit / trailing stop / breakeven, Grid of orders ... The trading control panel of main orders in МetaТrader 5 : buy, sell, buystop, buylimit, sellstop, selllimit, close, delete, modify, trailing stop, stoploss, takeproft. 5 Tabs : Work with positions, Work with pending orders, Work
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This is an utility for automatic scaling of a chart and making at least 140 bars visible in it. This is necessary for a correct wave analysis according to the Bill Williams' strategy "Trading Chaos". The utility can be used on any timeframe available in МetaТrader 5. It draws a vertical line through the first bar the calculation starts from. This line allows you to see the probable starting point of the wave sequence along with a sufficient number of bars displayed in the chart. It also makes th
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Titan Boom Crash
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Jefferson Metha
Titan Boom Crash is meant to be traded on 4 Symbols of the Boom and Crash Stnthetic Indexes.   There are 2 versions of both these symbols which are the 1 apike per 500 ticks and 1000 ticks. The Titan Boom Crash utilises mathematical equations to select trades. It is highly advised to use in smaller timeframes from M1 to M10. Use the strategy tester to select your preferred timeframe and settings.    General Settings  Positions To Enter Select 1 of 4 options   Long Positions Only Short Posit
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Auto Trade Copier for MT5
Auto Trade Copier for MT5
Vu Trung Kien
Auto Trade Copier MT5 is designed to copy trades between multiple MT4/MT5 accounts/terminals with 100% accuracy. The provider and receiver accounts must be on the same PC/VPS. With this tool, you can act as either a provider (source) or a receiver (destination). All trading actions will be copied from the provider to the receiver with no delay. This version can be used on MT5 accounts only. For MT4 accounts, you must use Auto Trade Copier. Demo: Demo version for testing can be downloaded at: htt
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Boxmaster ParSar and MA MT4
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Mikhail Mitin
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Chart in Chart
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You can: observe the price chart inside the chart of a different price evaluate correlation and relationships observe the difference in charts in the form of a histogram Opportunities: "Auto" mode - auto-adjust the chart for another chart "multiplier" - you can multiply the chart by any number shift up / down the chart by value shift the chart to the left "invert" - mirror flip of the chart Important: only charts added to MarketWatch are used Version for MetaTrader 5 -  https://www.mql5.com
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Makkasar
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Mikhail Mitin
Main: Not martingale, not a grid; Use on EURUSD; Use on M5. Signals: There is a good rational algorithm. Work of two indicators: Moving Avarage and Parabolic SAR (you can set a separate Timeframe for each indicator) Stop Loss/Take Profit: There is a good money management system (there are several type for trailing stop loss); There is virtual levels of Stop Loss / Take Profit; There is smart lot (percent by risk) or fix lot Important: EA can work on closed candles, and on current candles;
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Mikhail Mitin
Main: Not martingale, not a grid; Working on all symbols; Signals: There is a good rational algorithm. Work of two indicators:  Bollinger Bands  and  OsMA  (you can set a separate Timeframe for each indicator) Stop Loss/Take Profit: There is a good money management system (there are several type for trailing stop loss); There is virtual levels of Stop Loss / Take Profit; There is smart lot (percent by risk) or fix lot Important: EA can work on closed candles, and on current candles; Quick
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Cordoba
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Mikhail Mitin
Main: Not martingale, not a grid; Use on EURUSD; Use on M5. Signals: There is a good rational algorithm. Work of two indicators: Ichimoku and Alligator  (you can set a separate Timeframe for each indicator) Stop Loss/Take Profit: There is a good money management system (there are several type for trailing stop loss); There is virtual levels of Stop Loss / Take Profit; There is smart lot (percent by risk) or fix lot Important: EA can work on closed candles, and on current candles; Quickly
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Dashboard Bollinger Bands Mt4
Dashboard Bollinger Bands Mt4
Mikhail Mitin
Great dashboard for market analytics. The panel helps to analyze the values of the   Bollinger Bands   indicator and prices. Using this panel you can: watch the current signal from Bollinger Bands for all time frames; watch the current signal from Bollinger Bands by different symbols; look at how far Bollinger Bands is from the price; look at how much the value of Bollinger Bands has changed; several types of signals for analytics. Values in the table cell (switched by the button on the gra
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Dashboard Envelopes Mt4
Dashboard Envelopes Mt4
Mikhail Mitin
Great dashboard for market analytics. The panel helps to analyze the values of the   Envelopes   indicator and prices. Using this panel you can: watch the current signal from Envelopes for all time frames; watch the current signal from Envelopes by different symbols; look at how far Envelopes is from the price; look at how much the value of Envelopes has changed; several types of signals for analytics. Values in the table cell: Envelopes value upper line; Envelopes value lower line; "the
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Dashboard Signals Mt4
Dashboard Signals Mt4
Mikhail Mitin
Great   smart dashboard   for market analytics. Using this dashboard you can: find signals from different indicators from   all timeframes ; find signals from the Moving Average from   all symbols ; Include: 9 indicators (10 in Mt5 version); 27 signals (29 in Mt5 version); "Total" page. Indicators and signals: MOVING AVERAGE MA cross Price  - MA crosses Price; MA more/less Price  - MA higher/lower Price; BOLLINGER BANDS BB crosses Price (in) - Price crosses Bollinger (upper/lower line) in
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j431fx
2333
j431fx 2018.10.12 21:39 
 

I checked this EA only with parameter "Just SL" and TP, I don´t need other functions by now.

It works very well in my hedge account, manual or with an EA, for All orders or just for Magic number (1 or more magics openig Virtual_SL_EA in more graphs).

It has a good price and works, autor has been very helpful fixing some bug, and similar EAs that I checked were more expensive and had errors.

So, 5 stars for Virtual SL/TP is the correct.

The only missed thing is a full functional demo just for 1 symbol(CADJPY or other minor), so that we were able of checking its functions before buying it.

Reply to review
Version 7.0 2020.09.14
you can set type of deals: All; only Buy; only Sell
Version 6.2 2020.08.01
some small changes
Version 6.1 2020.08.01
some changes)
Version 6.0 2020.08.01
Big update:
- changed grafic user interface
- fixed bugs
Version 5.0 2018.10.12
Fixed bugs
Version 4.0 2018.10.04
Fixed bugs
Version 3.0 2018.08.23
Fixed bugs
Version 2.0 2018.06.05
1 - now the EA is able to set the virtual SL and TP levels closer than the minimum distance allowed by the broker
2 - added the ON/OFF button to the visual panel