Envelopes Trailing Stop

5

The Envelopes Trailing Stop is a tool that implements trailing of the stop loss order after the price based on the Envelopes trend indicator.

The utility provides all the necessary parameters for customization, which allows to select the optimal configuration for any user.

The EA allows to choose the trailing line depending on the type of the trade. For example, buy trades can be trailed based on the lower line of the indicator, and sell trades can be trailed based on the upper line.

The Magic parameter allows to simultaneously work with other experts on the account.


Input parameters

  • Magic - magic number: 0 - trailing of all trades, 1>= - trailing of trades with the specified Magic;
  • Stop Level - stop level;
  • Slippage - slippage;
  • ENVELOPES SETTINGS - settings of trailing based on the Envelopes indicator;
  • Use Envelopes Trailing - use trailing based n the Envelopes indicator;
  • Envelopes Timeframe - timeframe of the indicator;
  • Envelopes Period - period of the indicator;
  • Envelopes Type - method of the indicator;;
  • Envelopes Applied Price - applied price;
  • Envelopes Buy Line - line for trailing buy trades;
  • Envelopes Sell Line - line for trailing sell trades;
  • Envelopes Deviation - deviation of the indicator;
  • Envelopes Shift - shift of the indicator;
  • Envelopes Symbol - trading instrument: CurrentSymbol - current instrument, AllSymbols - all instruments.


Avis 1
Michael Maggi
1446
Michael Maggi 2017.06.22 15:13 
 

I have used several trailing stop products over the years and this is by far the best trailing stop on the market. It does the job and is not overly complicated. I highly recommend it.

.

Update 2 months later. Of the several I have tried, the Envelopes Trailing Stop is the best for me as it trails the shorts and longs separately: upper band for short stop loss, lower band for long stop loss.

I currently run this on about 30 charts as my trading system allows me to trade any of the currency pairs and CFDs with long term trends on D1 charts, Renko charts, and from time to time some other auto traders.

I work a full time job in remote places in the oil and gas industry so it is important to me that I have trailing stops working 24 hours. This allows me to trade the Asian, European, and US market hours with confidence that a Envolopes Trailing Stop will watch my back.

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Peter Mueller
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Utilitaires
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Chantal Sala
3 (1)
Utilitaires
Chart Button is a very useful indicator that allows you to navigate all charts with a simple click. This tool has been designed to work both vertically and horizontally. The particularity of this navigator is that you can change more charts simultaneously setting the input value. This tool will give you the ability to optimize your navigation and speed up all your analyzes. Input Values Direction (the direction of symbols buttons) Horizontal Vertical 32 SYMBOLS Forex_Suffix_Symbols (add Forex S
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The Hung Ngo
Utilitaires
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Utilitaires
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Mr Thanya Kanapornpong
Utilitaires
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Utilitaires
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Boris Sedov
4.83 (6)
Utilitaires
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Utilitaires
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Utilitaires
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BLAKE STEVEN RODGER
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Utilitaires
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Mr Averager MT5
Oleg Remizov
Experts
Mr. Averager MT5 is a Expert Advisor for the MetaTrader 5 trading terminal. The trading algorithm is based on the principle of position averaging. Due to averaging, the EA is not sensitive to the quality of entry points and can work almost at any time and in almost any market. The EA supports 2 trading modes: Automatic start and Manual start. In Automatic start mode, the EA independently starts a new series of orders. In Manual start mode, the first order of the series is opened manually using
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5 (1)
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Utilitaires
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Indicateurs
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Utilitaires
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Utilitaires
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5 (1)
Experts
Mr. Averager MT4 is a Expert Advisor for the MetaTrader 4 trading terminal. The trading algorithm is based on the principle of position averaging. Due to averaging, the EA is not sensitive to the quality of entry points and can work almost at any time and in almost any market. The EA supports 2 trading modes: Automatic start and Manual start. In Automatic start mode, the EA independently starts a new series of orders. In Manual start mode, the first order of the series is opened manually using
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Utilitaires
The Parabolic SAR Trailing is a utility that provides a trailing stop based on the Parabolic SAR indicator. Moving the stop loss order according to the values of this indicator is considered to be the most popular solutions for trailing, as this trend indicator follows the price. The utility can work with deals on all trading instruments or on the selected instrument. Thanks to the Magic parameter, it is possible to provide joint operation with other experts and management of the stop loss order
Fractals Trailing Stop
Oleg Remizov
Utilitaires
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OHLC Trailing Stop
Oleg Remizov
Utilitaires
The OHLC Trailing Stop utility trails stop loss based on control prices of the specified bar: Open , High , Low , Close . In the utility settings, you can choose the bar number, which prices will be used for the trailing stop function. A control price for trailing can be specified separately for buy and sell trades. The Magic parameter allows using the utility together with other Expert Advisors. Input parameters Magic - magic number: 0 - trailing of all trades, 1>= - trailing of trades with th
Trailing Stop Universal MT5
Oleg Remizov
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Utilitaires
Trailing Stop Universal MT4 / MT5   utility is a multifunctional   tool for protecting floating profit on open positions and reducing possible risks in trading.   To realize these goals, the tool offers the user the following features. Breakeven function   - transfers a position to breakeven when the profit of the position allows it. If this function is enabled and the conditions of its operation are met, it moves the StopLoss order to the opening price of the position or even to the profitable
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5 (1)
Utilitaires
The   Grid Builder MT5   utility is designed for placing a grid of pending orders of any complexity and will be an excellent tool in the hands of a trader who trades grid trading strategies. The tool has numerous settings that allow you to quickly and easily build a grid of orders with the specified parameters. All types of pending orders are supported: Buy Stop; Buy Limit; Sell Stop; Sell Limit. The script also allows you to delete a previously placed grid of orders in one click. If the "Delete
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Michael Maggi
1446
Michael Maggi 2017.06.22 15:13 
 

I have used several trailing stop products over the years and this is by far the best trailing stop on the market. It does the job and is not overly complicated. I highly recommend it.

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Update 2 months later. Of the several I have tried, the Envelopes Trailing Stop is the best for me as it trails the shorts and longs separately: upper band for short stop loss, lower band for long stop loss.

I currently run this on about 30 charts as my trading system allows me to trade any of the currency pairs and CFDs with long term trends on D1 charts, Renko charts, and from time to time some other auto traders.

I work a full time job in remote places in the oil and gas industry so it is important to me that I have trailing stops working 24 hours. This allows me to trade the Asian, European, and US market hours with confidence that a Envolopes Trailing Stop will watch my back.

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