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Pip by Pip Trailing SL Manager

Install as an EXPERT ADVISOR for it to work. This product will not work in strategy tester because it requires trades to be opened first.  Therefore, the 1 month rental option for $10 is included for you to test the product. That is the lowest price allowed by the website.

The trailing stop loss (TSL) on MetaTrader 4 only works on set ranges. For example, if the TSL is set at 20 pips or 200 points, the trailing SL will move to sell/buy price only once 20 pips/200 points are gained. It does not allow the SL to move with each pip. It will then only move again once another 200 points/20 pips are gained.

This TSL manager works on a pip-by-pip basis.

This TSL EA/utility moves the stop loss continuously after every pip should the trade move in your direction. If the trade reverses, the SL remains at 20 pips from the maximum point reached on that trade. Using an example of 200 points/20 pips TSL, if the trade moves 5 pips in your direction and then reverses, the loss will be 15 pips and not 20 pips as with a static stop loss.

The advantage of using a continuous SL trailing is that average losses are minimized and winning trades are maximised with long-term use. By minimizing losses and letting gains run for as long as possible, profitability is maximized in the long term. This tool allows one to use such a tactic as part of your overall trading strategy. Do not give up after a few attempts as trading is based on probabilities and any trader has losses.

It is simple to use. Ensure that "Auto Trade" is active for this EA/utility to work. You can turn it on and off as you wish.


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Eric Emmrich
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Utilitaires
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M Ardiansyah
Utilitaires
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Victor Christiaanse
5 (11)
Utilitaires
Click and Go Trade Manager, the ultimate solution for seamless trading execution. With a simple click on the chart, you can effortlessly define your stop loss, entry price, and target levels. No more hassle of inputting values manually - it's made incredibly intuitive and easy. Embedded risk management is a key feature of our Trade Manager. We understand the importance of protecting your investments, which is why the Click and Go Trade Manager incorporates risk management. When placing orders,
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Evgenii Aksenov
5 (6)
Utilitaires
Cet utilitaire vous permettra de copier toutes les transactions d'un terminal avec le paramètre maître vers d'autres terminaux avec le paramètre esclave Dans le même temps, vous pouvez choisir les paires à copier, définir la taille de l'ordre copié sur plusieurs paramètres. Définissez une limite de perte sur le retrait ou copiez uniquement les transactions rentables Vous pouvez copier des transactions de MT4 ou MT5 à MT4 ou MT5 d'autres courtiers Maintenant, il ne sera pas difficile de co
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Hoang The Manh
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Utilitaires
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Lam Ho Dang
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Utilitaires
Tableau de Bord de Trading Complet pour Tous les Niveaux Découvrez un tableau de bord de trading avancé conçu pour autonomiser les traders novices et expérimentés.   Cette plateforme polyvalente propose des fonctionnalités complètes qui simplifient l'analyse et l'exécution du marché,   vous permettant de suivre jusqu'à 30 paires de trading simultanément dans une interface unique et intuitive. Fonctionnalités Clés: Scanner Universel du Marché:   Identifie et utilise toute paire de trading support
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PLEASE NOTE THAT  LIKE MANY SUCH INDICATORS ON THIS MARKET, THIS INDICATOR WILL NOT WORK AS A DEMO DOWNLOAD FOR STRATEGY TESTER. Therefore the 1 month option at the lowest cost allowed of $10 is available for you to test.  One of the better ways to trade is to analyse individual currencies rather than currency pairs. This is impossible with standard chart indicators on MT4.  This currency strength meter allows one to trade the strongest with the weakest currency.  The meter includes the curren
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PLEASE NOTE THAT  LIKE MANY SUCH INDICATORS ON THIS MARKET, THIS INDICATOR WILL NOT WORK AS A DEMO DOWNLOAD FOR STRATEGY TESTER. Therefore the 1 month option at the lowest cost allowed of $10 is available for you to test.  One of the better ways to trade is to analyse individual currencies rather than currency pairs. This is impossible with standard chart indicators on MT4.  This currency strength meter allows one to trade the USDZAR, EURZAR, GBPZAR. Each currency (not pair) is measured const
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