Auto Trailing Stop MT5
- Utilities
- Volodymyr Hrybachov
- Version: 1.1
- Updated: 3 March 2022
- Activations: 5
Utility for automatic closing of deals by trailing stop levels. Allows you to get the most out of your profit. Created by a professional trader for traders. Utility works with any market orders opened manually by a trader or using advisors. Can filter trades by magic number. The utility can work with any number of orders simultaneously.
MT4 version https://www.mql5.com/en/market/product/56487
WHAT THE UTILITY CAN DO:
- set virtual trailing stop levels from 1 pip
- set real trailing stop levels
- work with each order separately ( trailing stop levels are placed on each order separately )
- work with a basket of unidirectional orders ( trailing stop levels are placed common for all orders, BUY and SELL separately)
- work with a basket of bi-directional orders ( trailing stop levels are placed common for all orders, BUY and SELL together )
For testing and work, you can use the buttons on the chart.
PARAMETERS:
- TRAILING_STOP - the number of pips for the price movement ;
- TRAILING_STEP - the number of pips by which the profit will increase with each step ;
- BASKET - a basket of orders or each order separately;
- MULTIDIRECTIONAL - bi-directional or unidirectional orders;
- VIRTUAL - real or virtual stop loss and take profit;
- MAGIC_NUMBER - magic number of orders, if = -1, then it works with all orders;
- ORDERS_COMMENT - commentary on deals
