Virtual Sl Tp and trailing Sl MT4

1

Why use virtual SL / TP?

  • Broker stop/freeze level limitations
  • Hidden exits for scalping strategies
  • Advanced trailing logic not available in standard MT tools
  • Additional safety layer for EAs and manual trading

Stop Loss modes (4 types):

  1. Fixed Stop Loss - Classic fixed SL defined in points.
  2. Trailing Stop Loss - Standard trailing following the price.
  3. Trailing to Breakeven - Stop Loss moves to the trade open price once profit conditions are met.
  4. Trailing by jumps (advanced mode) - A multi-step trailing algorithm:
    1. When profit reaches TRSL_1, SL moves to breakeven
    2. When distance from price to breakeven reaches TRSL_2, SL moves to lock TRSL_3 profit. This method is very effective and tested on multiple trading strategies. The full algorithm is illustrated in the screenshot below.

Additional features

  • Works with all trades on the symbol or only with selected Magic Number (for EA usage)
  • Optional virtual Take Profit
  • Ability to draw SL/TP levels as visual lines on the chart
  • Main settings can be changed directly from the panel
  • Optional “live SL”: a real broker SL placed further than the virtual one (extra protection)

Quick Start

  1. Attach the panel to a chart
  2. Enable AutoTrading and allow trading permissions
  3. Choose Stop Loss mode and parameters
  4. Open a trade (manual or EA)
  5. Virtual SL/TP levels are monitored by the panel

Important:

  1. Virtual levels work only while the terminal is running. Using a VPS is strongly recommended.
  2. After change settings - Press button "RESET"

FAQ

Q: Why SL / TP is not visible on the broker side?

A: Because the levels are virtual and stored in the terminal memory.

Q: Will it work if I close MetaTrader?

A: No. Virtual SL/TP requires the terminal (or VPS) to be running.

Q: Can I use it with an EA?

A: Yes, via Magic Number filtering.

Q: Is exact execution guaranteed?

A: Small deviations are possible due to spread, slippage, and execution speed.


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    Mikhail Mitin
    4.5 (2)
    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) i
    Lusaka mt5
    Mikhail Mitin
    4 (3)
    Main: Not martingale, not a grid; Working on all symbols; Signals: There is a good rational algorithm. Work of two indicators: Envelopes and Moving Average (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
    FREE
    Excellent dashboard for analytics. The panel helps to analyze the values of the   Momentum  indicator and its signals. With this panel you can: watch the current signal from  Momentum  on all timeframes; watch the current signal from  Momentum  for different symbols; watch the current Momentum   value; several types of signals for analytics. Values in a table cell: value of Momentum Signal type: Momentum crosses "100" line Momentum upper/lower "100" line Momentum direction Work option: all
    Jakarta mt5
    Mikhail Mitin
    3 (2)
    Main: Not martingale, not a grid; Working on all symbols; Signals: There is a good rational algorithm. Work of two indicators:  Stochastic   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; Quickly opti
    FREE
    Jakarta
    Mikhail Mitin
    4.5 (2)
    Main: Not martingale, not a grid; Working on all symbols; Signals: There is a good rational algorithm. Work of two indicators:  Stochastic   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; Quickly opti
    FREE
    Medellin
    Mikhail Mitin
    4 (1)
    Genaral: Not martingale, not a grid; Use on EURUSD Use on M5 Signals: There is a good rational algorithm. Work of two indicators:   2 DeMarker (from 2 timeframes)   (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;
    FREE
    Panel of signals MT5
    Mikhail Mitin
    5 (2)
    "All in One" panel. You can simultaneously control: up to 3 symbols; up to 6 periods; up to 31 popular signals. You can see the sum for all signals taking into account the weight of the signal Version for MetaTrader 4: https://www.mql5.com/ru/market/product/27880 Version for MetaTrader 5: https://www.mql5.com/ru/market/product/27830 Parameters NUM_BAR - number of the bar to analyze (set a value greater than 0 to work on closed bars). timeframe_1....timeframe_6 - working timeframes (if set to "c
    FREE
    Great dashboard for market analytics. Help you to analyze the values ​​of the   Moving Average   indicator and prices. Using this dashboard you can: find signals from the Moving Average from all timeframes; find signals from the Moving Average from all symbols; check - how far the Moving Average is from the price; check - the Moving Average value has changed; 2 types of signal. Modes of operation (switched by a button on the graph): current value of Moving Average; the difference between the
    FREE
    Great dashboard for market analytics. Help you to analyze the values ​​of the Moving Average indicator and prices. Using this dashboard you can: find signals from the Moving Average from all timeframes; find signals from the Moving Average from all symbols; check - how far the Moving Average is from the price; check - the Moving Average value has changed; 2 types of signal. Modes of operation (switched by a button on the graph): current value of Moving Average; the difference between the curr
    FREE
    Lusaka
    Mikhail Mitin
    4.5 (2)
    Main: Not martingale, not a grid; Working on all symbols; Signals: There is a good rational algorithm. Work of two indicators: Envelopes and Moving Average (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
    FREE
    "All in One" Expert Advisor. The EA collects information from different signals (listed below) on the selected timeframes. Each signal has its own weight. The weight of all signals is summed. If the total weight of signals for a timeframe is greater than the minimum weight, a deal is opened. Operation on each selected timeframe is performed independently. After that, the deal is managed according to the Money Management conditions. It can work simultaneously on: up to 6 periods; up to 31 popula
    FREE
    Cape Town
    Mikhail Mitin
    3 (1)
    Genaral: Not martingale, not a grid; Use on EURUSD Use on M5 Signals: There is a good rational algorithm. Work of two indicators:   CCI and OsMA (from 2 timeframes)   (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 candle
    FREE
    Panel of MA Mt5
    Mikhail Mitin
    5 (1)
    This panel shows the price position and the selected MAs for the selected timeframes and symbols. You can control up to 3 symbols; up to 6 timeframes; up to 10 different Moving Averages. Version for MetaTrader 4: https://www.mql5.com/ru/market/product/28281 Version for MetaTrader 5: https://www.mql5.com/ru/market/product/28096 Parameters NUM_BAR - bar number for analysis; timeframe_1....timeframe_6 - names of used timeframes (if set to "current", the timeframe will not be used); symbol_1 ....
    FREE
    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 4 -  https://www.mql5.com/e
    Excellent dashboard for market analytics. The panel helps to analyze the values of the  RSI  indicator and its signals. With this panel you can: watch the current signal from RSI on all timeframes; watch the current signal from  RSI   by different symbols; watch the current   RSI   value; several types of signals for analytics. Values in a table cell: RIS value. Signal type: RSI crosses level buy out/level sell out (outside); RSI crosses level buy out/level sell out (inside);   RSI is upper
    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 cor
    Conversion of ".set" files created in the MT5 terminal for use in the MT4 terminal. The script is great for cross platform experts. How to work: place the source files ".set" in the local terminal folder\MQL5\Files run the script the ".set" files for the MT4 terminal appeared in the local terminal folder (the end of the file name "* -MT4.set") Created on MT5 build 1755 from 18/01/18 Please leave your feedback after using.
    FREE
    Panel of signals MT4
    Mikhail Mitin
    5 (1)
    "All in One" panel. You can simultaneously control: up to 3 symbols; up to 6 periods; up to 31 popular signals. You can see the sum for all signals taking into account the weight of the signal Version for MetaTrader 4: https://www.mql5.com/ru/market/product/27880 Version for MetaTrader 5: https://www.mql5.com/ru/market/product/27830 Parameters NUM_BAR - number of the bar to analyze (set a value greater than 0 to work on closed bars). timeframe_1....timeframe_6 - working timeframes (if set to "c
    FREE
    The panel shows the relative position of the price and the selected moving averages (MA) for the selected timeframes and symbols. You can simultaneously control: up to 3 symbols; up to 6 periods; up to 10 different Moving Averages. Version for MetaTrader 4: https://www.mql5.com/ru/market/product/28281 Version for MetaTrader 5: https://www.mql5.com/ru/market/product/28096 Parameters NUM_BAR - number of the bar to analyze (set a value greater than 0 to work on closed bars). timeframe_1....timefr
    FREE
    Raptor MT4
    Mikhail Mitin
    use on EURUSD use on M5 price and indicator analysis. Deals is in the direction of the trend. analysis 4 TimeFrame. Price and MovingAvarage (MA) are analyzed at TF EA. Market conditions in each TF are analyzed separately, then the overall picture. The algorithm shown in the screenshot below Sets is in Comments Advantages Advisor is optimized well for any instrument Can work on accounts with any spread, commissions, delays in the execution of orders Flexible settings specifically for your needs
    How the EA works (simple explanation) Trades on   M5   timeframe Uses   H1 timeframe   to analyze global market context Analyzes   2 or 3 timeframes simultaneously On each timeframe: Checks price position relative to one or two Moving Averages Evaluates MA angle and distance between price and MA Entry logic is based on   trend + volatility conditions , not on random signals The full algorithm is illustrated in the screenshots. Recommended usage Symbol:   EURUSD Timeframe:   M5 Trading
    Strong Levels — Support & Resistance Indicator Idicator for automatic detection of strong price consolidation levels. Designed to help traders identify important   support and resistance zones   on the chart.This indicator is intended for   market analysis , not for generating trade signals. How it works Strong Levels analyzes price behavior using: 2 Moving Averages 1 MACD a proprietary multi-factor algorithm The same algorithm is used by the author in personal trading. The indicator detec
    Main: Not martingale, not a grid, working on all symbols; a good rational algorithm; Work of two indicators:  Parabolic Sar  and  Moving Average  (you can set a separate Timeframe for each indicator); There is a good money management system (there are several type for trailing stop loss); EA can work on closed candles, and on current candles; Quickly optimized (the work is maximally accelerated). Very well optimized for  EURUSD . Current sets after optimization are in comments. was optimized on
    Main: Not martingale, not a grid, working on all symbols; a good rational algorithm; Work of two indicators:  RSI (from older timeframe - it works as a signal filter) and RSI (from junior timeframe - it works as a signal) ; There is a good money management system (there are several type for trailing stop loss); EA can work on closed candles, and on current candles; Quickly optimized (the work is maximally accelerated). Current sets after optimization are in comments. MetaTrader 4:  https://www.m
    Create your own trading expert without programming skills! It is easy and simple. This panel is a    designer of Expert Advisors (like Wizard). This Wizard contains: 57 signals (regularly add new) several Trailing Stop systems (including Trailing by Bollinger Bands) How create EA easy: Choose 1 signal Choose no more than 3 filters Choose the Trailing system Save the ".set" file - by one button Ready. Run this expert with the desired set. Interesting: "invisible" (virtual) levels StopLoss and
    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/e
    Nairobi
    Mikhail Mitin
    Main: Not martingale, not a grid; Working on all symbols; Use on EURUSD Use on M5 Signals: There is a good rational algorithm. Work of two indicators: Bollinger Bands and Moving Average (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, an
    Makkasar
    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; Qu
    Canberra
    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; Quickly
    Filter:
    Andrzej Banowicz
    1410
    Andrzej Banowicz 2021.03.11 20:20 
     

    Trying this stuff and first, very bad observation. All settings are not saved properly. After using button Reset, closing terminal and loosing all settings, opening with default data. Useless. Make it work properly. Keep data which is set.

    when added to the chart, it disappears after switching to another TF. As well as not added to the next chart. Not to mention the fact that it places a heavy load on the CPUs and slows down the computer.

    I tested it on two different accounts with two brokers. The effect is the same!

    Total rubbish and no knowledge of how to create this type of thing. In addition, I did not get a refund for any lost money.

    As autor said, there are settings, but they not work if the product now working as they are set...

    Mikhail Mitin
    38045
    Reply from developer Mikhail Mitin 2021.03.16 22:56
    Thank you for your comment. You can set settings (in settings of EA, like at EVERY ea) and use it.
    Reply to review