Stoploss5
- Experts
- Version: 1.0
- Activations: 5
📘 EA Description: StopLoss for MetaTrader 5
StopLoss EA is a powerful MetaTrader 5 Expert Advisor designed for automated trade management. It does not open trades but intelligently manages all open positions by applying dynamic stop loss logic to lock in profits and minimize risk.
🧠 Key Features:
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✅ Automatically sets Stop Loss for all open positions with no SL.
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✅ Monitors position profit in real time.
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✅ If a trade is in profit by 0.50 units, it begins active trailing logic.
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✅ If price rises by 0.80 units, SL is moved to +0.60 (lock in profit).
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✅ If price pulls back to +0.50, SL is adjusted accordingly.
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✅ If price drops below +0.50, the EA automatically closes the position to secure partial gains.
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✅ Supports all symbols and works on netting or hedging accounts.
⚙️ How It Works:
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Monitors all open positions on the current symbol.
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Dynamically calculates price movement relative to entry.
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Adjusts Stop Loss or closes positions based on profit thresholds.
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Designed to lock in profit and reduce drawdowns in volatile markets.
📌 Ideal For:
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Manual traders who want automated risk management.
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Strategy developers who use other EAs to open trades.
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Traders seeking to protect gains without watching the market constantly.
🔧 Inputs:
| Parameter | Description |
|---|---|
| ProfitTrigger | Profit level (in price units) to start SL. |
| MoveUpTrigger | When to move SL higher (e.g., +0.80). |
| SLUpLevel | New SL after price reaches trigger. |
| SLDownLevel | SL to use if price retraces to +0.50. |
💼 Account Compatibility:
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✅ Works with MetaTrader 5
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✅ Supports both Netting and Hedging account types
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✅ Works with Forex, Indices, Commodities, and Crypto
🛑 Important Notes:
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This EA does not place new trades — it manages existing trades only.
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Attach the EA to any chart where you want trade management to occur.
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If you want to apply it to multiple symbols, load it on multiple charts.
