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UTrailingMiniMT5

The utility for manual trading to manage open positions.The built-in trailing stop has three modes and seven instruments: by pips, by bar extremes, by fractals, by volumes, by MA, by Parabolic SAR and by ATR. With the help of the built-in trading simulator, you can check how the EA works in the strategy tester.

Guide to UTrailingMiniMT5 can be found in the "Comments" section.

Benefits

  • 3 trailing stop modes: normal, total and mobile stop loss;
  • 7 options: by points, by bar extremes, by fractals, by volumes, and by indicators;
  • adding stop loss and take profit to all open positions;
  • trailing stop for all orders opened on the chart;
  • setting up trailing stop of open positions by magic number or by direction;
  • special multiplier for working with other quotes;
  • "hot buttons " on the chart for quick execution of commands;
  • operates on 4- and 5-digit accounts;
  • for 5-digit accounts, the parameters are automatically increased by 10;
  • a special parameter multiplier for working with crypto, indices, futures, CFDs.

Parameters

Block 1. GENERAL SETTINGS

  • Magic number (-1 for all)
  • Positions: - select direction.
  • Add SL and TP
  • Stop Loss in points
  • Take Profit in points
  • Breakeven
  • Profit to enable a breakeven
  • Breakeven level
  • Slippage

Block 2. TRAILING OPEN POSITION

  • Mode selection: - 3 options.
  • Timeframe for trailing stop:
  • Trailing stop by: - selecting a trailing stop, 7 instruments.
  • Trailing stop level
  • Trailing step
  • Indent in points, except "by Points"
  • ATR period
  • Level of Volumes
  • Moving Average period
  • MA shift
  • MA method
  • Applied price the MA
  • Step Parabolic SAR
  • Maximum Parabolic SAR

Block 3. OTHER SETTINGS


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Version 2.0 2023.01.08
Added a trading simulator to test the EA in the strategy tester.