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Trailing Stop Universal MT5

Trailing Stop Universal MT5 provides the maximally flexible and convenient operation of trailing stop. The product includes a general list of settings, which allow configuring trailing based on various indicators, including  ATR, Parabolic SAR, Envelopes, Bollinger Bands, IchimokuZig ZagMoving AverageFractalsAlligator. Each indicator is configured separately.

The tool also allows trailing positions based on reference prices of a selected candlestick: High, Low, Open, Close.

Classical trailing stop with a fixed distance is also possible. Trailing can start immediately or after a position makes the specified number of profit points. You can set the trailing step allowing to move the position to breakeven.

Due to the large number of parameters, the utility provides very flexible work with trailing while maximizing the profit on long trends, and protecting it from price reversal.

You can enable trailing using any indicator separately or several indicators at once, in this case trailing will be performed based on the indicator, which is closest to the market price.

The tool can move the stop loss on all instruments or on the selected one. The Magic parameter enables operation together with other Expert Advisors, allowing the utility to manage their stop levels.

Full version for MetaTrader 4: https://www.mql5.com/en/market/product/20705

Demo-version for MetaTrader 4: https://www.mql5.com/en/market/product/33788

Full version for MetaTrader 5: https://www.mql5.com/en/market/product/33126

Demo-version for MetaTrader 5: https://www.mql5.com/en/market/product/33787

Main input parameters

  • Orders for trailing : EA's Orders, Manual Orders, All Orders; 
  • EA's Magic Number - must be >=1;
  • Order Type Filling - order execution type;
  • Symbol- CurrentSymbolAllSymbols.
  • Use Indicator Trailing - use of trailing based in indicator;
  • Indicator Timeframe;
  • Indicator Period;
  • Indicator Buy Line - trailing for buy deals;
  • Indicator Sell Line - trailing for sell deals;
  • Indicator Deviation;
  • Indicator Type - indicator calculation method;
  • Indicator Applied Price - price used for calculation;
  • Indicator Shift;
  • BAR PRICES SETTINGS - settings of trailing stop of a bar prices;
  • Bar Timeframe;
  • Bar Number;
  • The control price of a bar to trail buy deals;
  • The control price of a bar to trail sell deals;
  • FIXED DISTANCE SETTINGS - settings of fixed distance trailing;
  • Pips To Start Trailing - number of profit points to activate trailing;
  • Trailing Distance - trailing distance;
  • Trailing Step - trailing step.

VincenT 2019.05.14 13:05 

This is a great EA! It does exactly as advertised and offers many different methods of trailing stop losses. This EA has allowed me to almost completely automate my trading strategy. As of now, all I have to worry about is perfecting my entries, and leave my exits for the EA to handle almost entirely. Great job.

Version 3.5 2019.09.28
Reworked trailing stop at the control prices of the selected bar.
A new parameter appeared in the settings: "Count of pips between trailing price and control price of bar".
Version 3.4 2019.09.24
Added parameter "Order Type Filling". It works when opening deals using the trading panel.
Version 3.3 2019.09.17
1. In the settings you can now select orders for trailing: manual orders, EA's orders, all orders.

2. Orders opened from the trading panel are considered EA orders and have MagicNumber, according to the settings.
Version 3.2 2019.03.29
Fixes based on user messages.
Version 2.8 2019.02.22
Added parameters: ATR shift, Parabolic SAR shift.
Version 2.5 2019.01.18
- Removed test mode.
- Added trading panel.
Version 2.4 2018.12.12
Added a trailing stop based on the ATR (Average True Range) indicator.
Version 2.3 2018.12.11
Added a trailing stop based on the Parabolic SAR indicator.
Version 2.2 2018.12.08
1. Added a trailing stop based on the Envelopes indicator.
2. Added a testing mode. It works only in the Strategy Tester. When the testing mode is enabled, trades are generated alternately for buy and sell. This allows you to see how any trailing stop option works.
Version 2.1 2018.12.05
Code optimization. Added a trailing stop based on the Bollinger Bands indicator.
Version 2.0 2018.11.14
Added a trailing stop based on the Ichimoku indicator.
Version 1.21 2018.11.13
Added trailing stop based on indicator Zig Zag.
Version 1.2 2018.11.13
Added trailing stop based on indicator Zig Zag.