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Virtual Sl Tp and trailing Sl MT4

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


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Trade Copier is a professional utility designed to copy and synchronize trades between trading accounts. Copying occurs from the account / terminal of the supplier to the account / terminal of the recipient, which are installed on the same computer or VPS . Main functionality and benefits: Supports copying MT4> MT4, MT4> MT5, MT5> MT5, MT5> MT4, including MT5 netting accounts. High copying speed (less than 0.5 sec). The vendor and recipient modes are implemented within the same product. Easy int
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Active Lines for MT4
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Yury Kulikov
Attention: Demo doesn't work in terminal. Active Lines - a powerful professional tool for operations with lines on charts. Active Lines provides a wide range of actions for events when the price crosses lines. For example: notify, open/modify/close a position, place/remove pending orders. With Active Lines you can assign several tasks to one line, for each of which you can set individual trigger conditions, as well as conditions for re-activations and the number of possible activations. Activ
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WaltSoft Trade Manager
WaltSoft Trade Manager
WaltSoft
Calculates the Lot Size for a given Percent Risk and places the order with SL and TP with a click of a button. Locks in your profits on auto-pilot   with a Set Break Even function and/or   several Trailing Stop Loss methods. Drag and position your Stop Loss and Take Profit before placing the actual order. Close trades with a click of a button. Works with Market Orders, Instant Orders, Pending Stop Orders and Pending Limit Orders. Works on any instrument:  Forex, Bonds, Futures, Indices, Commodi
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FiboPlusWaves
FiboPlusWaves
Sergey Malysh
FiboPlusWave Series products Ready-made trading system based on Elliott waves and Fibonacci retracement levels . It is simple and affordable. Display of the marking of Elliott waves (main or alternative option) on the chart. Construction of horizontal levels, support and resistance lines, a channel. Superposition of Fibonacci levels on waves 1, 3, 5, A Alert system (on-screen, E-Mail, Push notifications).    Features: without delving into the Elliott wave theory, you can immediately open one of
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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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Excellent dashboard for market analytics. The panel helps to analyze the values of the   Ichimoku  indicator and its signals. With this panel you can: watch the current signal from   Ichimoku   on all timeframes; watch the current signal from   Ichimoku   for different symbols; watch the current   Ichimoku   value; several types of signals for analytics. Values in a table cell: Value of Tenkan-Sen Value of   Kijun-Sen Value of  Senkou Span A Value of  Senkou Span B Value of  Chikou Span S
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"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 popul
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Dashboard Moving Average mt5
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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 cu
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Panel of MA Mt5
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Panel of MA Mt4
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Mikhail Mitin
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Raptor MT4
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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 need
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Cyclone Intraday MT4
Cyclone Intraday MT4
Mikhail Mitin
Use on EURUSD Use on M5 Intraday trading. Analise the price movements on the H1 timeframe (TF) (This allows to trade even in the absence of a global price trend). Analyzes 2 or 3 timeframes. On each TF, the EA analyzes the relative position of the price and moving averages (MA) (one or two on each TF). The operation algorithm is shown in the screenshot Sets is in Comments Advantages The EA can be easily optimized for any instrument at any moment. Flexible customization specifically to your ne
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Strong Levels MT4
Strong Levels MT4
Mikhail Mitin
This indicator draws   strong price   levels   (price consolidation levels). The levels are plotted using   2 MA indicators and 1 MACD   using a complex algorithm. The algorithm used in the EA is also in personal use.  These levels have 4 variants (colors of the variants can be customized): strong up, weak up, strong down, weak down. In turn, a weak level usually appears and then it can become strong. A strong level can also become weak. Version MT4:  https://www.mql5.com/en/market/product/27
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Boxmaster ParSar and MA MT4
Boxmaster ParSar and MA MT4
Mikhail Mitin
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
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Boxmaster RSIx2 MT4
Boxmaster RSIx2 MT4
Mikhail Mitin
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
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BoxMaster Strategy Maker PRO
BoxMaster Strategy Maker PRO
Mikhail Mitin
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
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Chart in Chart
Chart in Chart
Mikhail Mitin
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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Nairobi
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,
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Makkasar
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;
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Filter:
Andrzej Banowicz
991
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
20511
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
Version 7.0 2020.09.14
- you can set type of deals (all; only buy; only sell)
- fixed bugs with Take Profit
Version 6.1 2020.08.01
Big update:
- new grafic user interface
- fixed bugs
Version 3.10 2018.08.23
Fixed bugs
Version 3.0 2018.08.07
Bug Fixes Fixed