UTrailing is a universal trailing stop having 6 main operating modes: in points, on bar Highs/Lows, using fractals, volumes and indicators (Parabolic SAR, and Moving Average).
- The virtual (invisible) trailing stop
- Simultaneous closure of all orders in the terminal using "hot keys"
- Total (average) stop for profitable and unprofitable orders
- Closure of locking orders with a given profit
- The possibility of choosing the direction of the trailing stop (only for orders to Buy or only Sell)
- Working with crypto currencies (#Bitcoin, etc.)
- Trade simulator (in tester) for demonstrating the EA operation
Block 1 «GENERAL SETTINGS»
- Magic Number (-1 for all, 0 for manual) - if -1 trails all orders, if 0 trails only orders that are open manually
- Positions - the choice of direction, can be: Long&Short, Long or Short
- Language info panel - language selection (English, Russian) for information messages;
- Background graphics - selection of chart background (Dark, Light);
- Multiplier for cryptocurrency: - crypto currency multiplier.
- х10 - multiply all parameters by 10 points;
- х100 - multiply all parameters by 100 points;
- х1000 - multiply all parameters by 1000 points;
- х10000 - multiply all parameters by 10 000 points;
- х10000 - multiply all parameters by 100 000 points;
- Disabled - disable for common currency pairs.
Block 2 «TRAILING STOP»
- Trailing Stop - the choice of the trailing stop from 4 options:
- Mobile stop loss
- Total (averaged) stop
- Virtual trailing stop - allow virtual (invisible) trailing stop
- Timeframe for trailing stop - the choice of timeframe for the trailing stop
- Mode of operation - selection of trailing stop modes:
- Moving Average
- Parabolic SAR
- Trailing stop value
- Trailing step
- Retreat from High/Low and fractals - indent (in points) from the extremum of the bar or of the fractal
- Level of Volumes - level of volumes in the indicator Volumes
- Period MA
- Shift MA
- Method of averaging MA:
- Type price MA:
- Step Parabolic
- Maximum Parabolic
Block 3 «BREAKEVEN»
- Breakeven - allow breakeven
- Profit to enable a breakeven
- Level breakeven
Block 4 «CLOSE OFF LOCK»
- Close off lock, if the profit - to allow the closure locking orders
- Profit in the Deposit currency - the amount of the profit in the Deposit currency after reaching which the lock orders will be closed
Block 5 "SIMULATOR TRADE"
Settings for the strategy tester only!
- Period MA for testing;
- Lots - for testing;
- Stop loss - for testing;
- Distance between the orders - to demonstrate the Total (averaged) stop operation;
- Multiplier - martingale multiplier to demonstrate the closure of locks;
- The total number of orders - number of orders for testing.
The complete guide to the EA UTrailing can be found in the "Comments" section.
Added Block 5 "SIMULATOR TRADE" - you can change settings for the run in the strategy tester.
Fixed a bug in the "Total (averaged) stop".
Fixed other bugs.