Stoploss Follower

2

Stoploss Follower has the function of setting stop loss value on each order dynamically. When the price moves in profitable direction, the EA will calculate and set a new stop loss value that follows the price. But when the price moves in reverse, the stop loss value still remains at the position. So when the new price touches this stop loss value, the order is closed.

Trader can set the estimate of stop loss value with Stoploss input parameter. This parameter is in pips unit, i.e when a trader sets Stoploss=500 with lots=0.01, it means they set a stop loss at 500x0.01=$5.


Pairs and Timeframes

Due to the EA's ability to modify stop loss value, Stoploss Follower can be of use for any pairs and timeframes.


Parameters

  • NumTicket. Number of orders that can be sent by this EA.
  • StopLoss. The stop loss value to be set in pips unit.
  • MagicNumber. Magic number of orders.
  • DelayMinute. Interval time betwen orders.
  • Lots. Volume value used for every sent order.
  • ALLOWTRADE. Enable/disable automatic order sending feature.
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1 (4)
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FlipDamonHFT is a fully automated Expert Advisor for MetaTrader 4, developed for trading XAUUSD (Gold) on the M15 timeframe. It uses a high-frequency approach combined with advanced risk controls to identify and capture short-term opportunities in the gold market. The EA is designed for traders who understand the high-risk nature of HFT strategies. It focuses on precision execution, dynamic position sizing, and multi-layer protection to manage trades during volatile gold movements. Key Features
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Have you ever wondered why most expert advisors are not effective in live trading, despite their perfect backtest performance? The most likely answer is Over-fitting . Many EAs are created to ‘learn’ and adapt perfectly to the available historical data, but they fail to predict the future due to a lack of generalizability in the constructed model. Some developers simply don't know about the existence of over-fitting, or they know but don't have a way to prevent it. Others exploit it as a tool
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Mohammad Oladi
3220
Mohammad Oladi 2018.12.01 15:36 
 

User didn't leave any comment to the rating

Matthew Todorovski
13133
Matthew Todorovski 2018.06.25 05:54 
 

1 Star (20%) = Bad

2 Stars (40%) = Undecided (still testing)

3 Stars (60%) = Okay

4 Stars (80%) = Good

5 Stars (100%) = Excellente!

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