TakeProfit Catcher NZDUSD

It is so very disappointing when the price does not have enough points to achieve Take Profit and makes a reversal. This EA sets virtual levels near the TakeProfit levels. This EA sets virtual levels next to TakeProfit orders. If these levels are reached by price, breakeven or trailing stop is applied for an order. This is a free version of the EA. It works only on NZDUSD.


Features

This EA does not set new orders. The aim of this EA is to manage stop losses of existing orders that are set by another EA or manually (magic number equals 0). For correct work, the Expert Advisor should be installed in a new chart window. To demonstrate the EA in test mode, the EA randomly sets orders and applies the "catch" algorithm to them.


Parameters

  • Type of Orders - orders, which will be managed by the EA. (BUY - all buy orders, SELL - all sell orders, BY_MAGIC - in the Filter field should be listed "magic" order numbers comma-separated, BY_TICKET - in the Filter field order tickets should be listed comma-separated, ALL - all orders).
  • Filter - depends on Type of Orders parameter. In this parameter, tickets or "magic" numbers are enumerated comma-separated.
  • Method to measure the distance - Distance parameter is calculated in points or percentages of the total distance between the order opening price and the value of the take profit.
  • Distance - distance between "catch" price and take profit (indicated in points or percentage).
  • Breakeven Interval (in Point) - interval in points between "catch" price and the price, at which the level is set to breakeven.
  • TrailingStop - use trailing stop after setting a breakeven.
  • Color of "catcher" line - color of the "catch" line.
  • Style of "catcher" line - style of the "catch" line.
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Trade Manager 4 Lite is trading panel developed with a goal to make manual trading in some (routine) task easier. Trade Manager 4 Lite also works in Strategy Tester. Version for Meta Trader 5 is here: Trade Manager 5 Lite Main features of Trade Manager 4 Lite Trading for Forex and CFDs Support for 4 and 5 digit brokers 65 combinations to set order Set Take Profit, Stop Loss and entry level for Pending Order with lines positioned on the chart Break Even Trailing Stop Loss Multiple Orders at one
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Trading History - A program for trading and money management on the history of quotes in stratagy tester. It can work with pending and immediate orders, and is equipped with trailing stop, breakeven and take profit functions. Very good for training and testing different strategies. Manual (Be sure to read before purchasing) Advantages 1. Allows you to test any trading strategy in the shortest possible time 2. An excellent simulator for trading training. You can gain months of trading experience
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This indicator counts ticks and graphically displays the price levels, on which the greatest number of them was detected. Thus, it sufficiently accurately determines the levels of support and resistance. The indicator will be useful for traders who trade breakout or scalping strategies. Features Technical analysis provides several ways for finding levels of support and resistance. Ticks to Levels provides another, fairly accurate, way of determining these levels empirically. The criterion for d
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It is so very disappointing when the price does not have enough points to achieve Take Profit and makes a reversal. This EA sets virtual levels near the TakeProfit levels. This EA sets virtual levels next to TakeProfit orders. If these levels are reached by price, breakeven or trailing stop is applied for an order. Features This EA does not set new orders. The aim of this EA is to manage stop losses of existing orders that are set by another EA or manually (magic number equals 0). For correct w
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Matthew Todorovski
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Matthew Todorovski 2018.06.16 10:34 
 

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