SL Maestro

5

SL Maestro - Forex Expert Advisor SL Maestro - Forex Expert Advisor with Advanced Stop-Loss Features

Introducing SL Maestro, the ultimate Forex Expert Advisor (EA) designed to enhance your trading strategy by adding stop-losses to existing trades with precision and flexibility. SL Maestro is not just limited to simple pips-based stop-losses; it incorporates a variety of advanced techniques to ensure optimal protection for your trades.

Key Features:

  • Pips-Based Stop-Loss:
    • Easily set a stop-loss based on a specific number of pips.
  • Percentage-Based Stop-Loss:
    • Percentage of Price: Set a stop-loss at a certain percentage of the trade's entry price.
    • Percentage of Balance: Calculate the stop-loss based on a percentage of your account balance.
    • Percentage of Equity: Use your account equity to determine the stop-loss level.
  • ATR-Based Stop-Loss:
    • Utilize the Average True Range (ATR) indicator to set a stop-loss that adapts to market volatility.
  • Swing High/Low:
    • Implement stop-losses using the last swing high/low (i.e. fractal), which can help in placing the stop-loss at strategic support or resistance levels.
  • Comprehensive Customization Options:
    • Tailor every aspect of your stop-loss strategy with a detailed list of customizable options. Whether you prefer fixed levels or dynamic adjustments, SL Maestro offers the flexibility to meet your specific needs.

With these sophisticated stop-loss features, SL Maestro provides robust risk management tools to safeguard your trades, helping you to mitigate losses and protect your capital in various market conditions.

Parameter Description
Include positions with comment The EA will add stop-loss to positions with this comment
Include positions with magic number The EA will add stop-loss to positions with this magic number
>> >> S T O P L O S S S E T T I N G S
Stop Loss Type Fixed Stop Loss (pips): a fixed number of pips, specified in the "Fixed Stop Loss (pips) parameter below

% of Price: A percentage of opening price.

% of Take Profit: A percentage of take-profit. If the position doesn't have a take-profit, no SL will be added.

Swing High/Low: The last swing high/low, depending on whether it's a buy or sell position.

ATR-Based: Calculate SL value by using the ATR indicator.

% of Balance: Use a percentage of balance to calculate SL.

% of Equity: Use a percentage of equity to calculate SL.
Add Spread? true means the EA will add spread to SL
false means the EA will not add spread to SL
SL Offset (pips) The EA will add this offset to SL This allows you to adjust the SL as required.
Put 0 here if you don't want to use this feature.
Fixed Stop Loss (pips) If the 'Stop Loss Type' parameter is set to "Fixed Stop Loss (pips)", the number of pips you specify here will be used as SL
Stop Loss Percentage This value is used if the 'Stop Loss Type' parameter is set to "% of Price", "% of Take Profit", "% Balance" or "% of Equity".
> > S T O P L O S S - A T R - B A S E D
If the 'Stop Loss Type' parameter is set to "ATR-Based", the following parameters will be used to calculate SL
Timeframe Timeframe for the ATR.
You can use current chart timeframe, or any other timeframe you prefer, i.e. daily.
Period Period for the ATR.
This is typically 14, but you can specify whatever value you want.
If Timeframe is 1d and Period is 14, this means 14 days.
Multiplier The calculated ATR will be multiplied by this value.
This allow you to adjust SL as required.
Minimum (pips) If the calculate SL is lower than this value, this value will be used instead.
Maximum (pips) If the calculated SL is higher than this value, this value will be used instead.
> > S T O P L O S S - A T R - B A S E D
If the 'Stop Loss Type' parameter is set to "Swing High/Low", the following parameters will be used to calculate the swing.
A swing is simply the highest/lowest value, on a specific timeframe, for the last x number of candles.
Timeframe Timeframe for the swing calculation.
Start Candle The candle from which to start the calculation
1 means the last closed candle (i.e. the one before current candle).
End Candle The candle at which to stop the calculation.
Minimum Distance from Opening Price (pips) This allows you to specify a minimum number of pips to be used for the S.
This will protect you in case the last swing high/low was too close to the opening price.
>> >> W E E K D A Y F I L T E R
This section allows you to specify which days the EA will operate.
true means the EA will add an SL on that day.
false means the EA will not add an SL on that day
Monday Add SL on Monday?
Tuesday Add SL on Tuesday?
Wednesday Add SL on Wednesday?
Thursday Add SL on Thursday?
Friday Add SL on Friday?
Saturday Add SL on Saturday?
Sunday Add SL on Sunday?
Recensioni 1
semur1
64
semur1 2025.01.06 15:59 
 

Thank You for this EA. Long time want to find SL robot with atr. Finally found this for free. I hope to avoid large losses now.

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Managing Trades 3.0 MT5 version:  https://www.mql5.com/en/market/product/172666?source=Site With Managing Trades 3.0, you can manage your trades quickly and efficiently. It features an intuitive visual interface with large buttons, allowing you to manage your trades as quickly as possible. With Managing Trades 3.0 you can: - Open a Buy and Sell order instantly with a single click, using any lot size you want. You can also optionally set Stop Loss and Take Profit. - Close all open trades in
Trade Board MT4
Ashkan Hazegh Nikrou
Informazioni Importanti Prima dell'Acquisto Versione Demo Completa Disponibile – Testa sul Mercato Reale Trade Board MT4 fornisce una versione Demo completamente funzionale che i trader possono scaricare e testare direttamente in condizioni reali di mercato utilizzando un conto demo senza alcuna limitazione delle funzionalità. Testare gli assistenti di trading all'interno dello Strategy Tester non fornisce un comportamento di esecuzione realistico, pertanto consigliamo vivamente di scaricare l
Ultimate Trailing Stop EA
BLAKE STEVEN RODGER
4.33 (15)
This EA Utility allows you to manage (with advanced filtering) unlimited open orders (manual or EA) with 16 trailing stop methods: fixed, percent, ATR Exit, Chandelier Exit, Moving Average, Candle High Low Exit, Bollinger Bands, Parabolic, Envelope, Fractal, Ichimoku Kijun-Sen, Alligator, Exit After X Minutes or Bars, RSI and Stochastic. The trailing stop can be either real or virtual, and you can exit fully or with a partial close percent on touch or bar close.  Moreover, you can add (overrid
Telegram to MT4 Multi-Channel Copier   copia automaticamente i segnali di trading dai tuoi canali Telegram direttamente in MetaTrader 4. Nessun bot, nessuna estensione del browser, nessuna copia manuale. Ricevi un segnale su Telegram e l'EA apre il trade sul tuo terminale in pochi secondi. Il prodotto include due componenti: un'applicazione Windows che ascolta i tuoi canali Telegram, e questo Expert Advisor che esegue i segnali sul tuo terminale MT4. Consulta la guida per scaricare l'applicazion
Auto Trade Copier
Vu Trung Kien
4.76 (85)
Auto Trade Copier is designed to copy trades to multiple MT4, MT5 and cTrader accounts/terminals with 100% accuracy. The provider and receiver accounts must be on the same PC/VPS. With this tool, you can copy trades to receiver accounts on the same PC/VPS. All trading actions will be copied from provider to receiver perfectly. This version can be used on MT4 accounts only. For MT5 accounts, you must use Auto Trade Copier for MT5 . Reference: - For MT4 receiver, please download Trade Receiver Fre
Trading History MT4
Siarhei Vashchylka
5 (9)
Trading History - A program for trading and money management on the history of quotes in stratagy tester. It can work with pending and immediate orders, and is equipped with trailing stop, breakeven and take profit functions. Very good for training and testing different strategies. Manual (Be sure to read before purchasing) Advantages 1. Allows you to test any trading strategy in the shortest possible time 2. An excellent simulator for trading training. You can gain months of trading experience
EchoTrade Telegram to MT4 Copier
Perpetual Chinemerem Vincent
5 (2)
EchoTrade Telegram to MT5 Copier Seamless, Instant, and Reliable Signal Copying - Direct from Telegram to MetaTrader 4! The product does not run in the strategy tester but you can get free trial version   here  for testing before purchase. Tired of manually executing trades from Telegram signals? EchoTrade automates the process, instantly copying trades from any Telegram channel or group directly into your MT5 account—accurately, efficiently, and without delay. Key Features: Universal Compatib
The product will copy all  Discord  signal   to MT4   ( which you are member  ) , also it can work as remote copier.  Easy to set up. Work with almost signal formats, support to translate other language to English Work with multi channel, multi MT4. Work with Image signal. Copy order instant, auto detect symbol. Work as remote copier: with signal have ticket number, it will copy exactly via ticket number. How to setup and guide: Let read all details about setup and download Discord To MetaTrader
Telegram to MT4 Coppy
Sergey Batudayev
4 (10)
Da Telegram a MT4: la soluzione definitiva per la copia del segnale Semplifica il tuo trading con   Telegram su MT4   , l'utility all'avanguardia progettata per copiare i segnali di trading direttamente dai canali e dalle chat di Telegram sulla tua piattaforma MetaTrader 4, senza bisogno di DLL. Questa soluzione affidabile garantisce un'esecuzione impeccabile dei segnali con una precisione e opzioni di personalizzazione senza pari, risparmiando tempo e aumentando la tua efficienza. [ Instruction
TP Splitter Pro
Dwi Nur Prasetyo
TP Splitter Pro MT4 TP Splitter Pro MT4 is an advanced Expert Advisor (EA) designed to optimize your take-profit strategy by automatically placing copy trades with multiple TP levels. It ensures a structured exit plan while maximizing profits and managing risk efficiently. Unlike standard trade copiers, TP Splitter Pro MT4 only executes copy orders when the entry price is more favorable than the master order. It places sell orders at a higher price and buy orders at a lower price. With built-in
Grid Manual MT4
Alfiya Fazylova
4.71 (17)
Grid Manual è un pannello di trading per lavorare con una griglia di ordini. L'utilità è universale, ha impostazioni flessibili e un'interfaccia intuitiva. Funziona con una griglia di ordini non solo nella direzione delle perdite, ma anche nella direzione dell'aumento dei profitti. Il trader non ha bisogno di creare e mantenere una griglia di ordini, lo farà l'utilità. È sufficiente aprire un ordine e il manuale di Grid creerà automaticamente una griglia di ordini per esso e lo accompagnerà fino
EAs Manager MT4
Abdeljalil El Kedmiri
The  MT4  EAs Manager   is a professional risk management and trade assistance tool designed to monitor, control, and optimize all trading activities on your MT5 account. It acts as a   central command center   that oversees every trade - whether opened by other Expert Advisors or manually by you. How it's work with other EAs :   Blog post  MT5 version :  https://www.mql5.com/en/market/product/166211 Only 10 copies will be sold at the early-bird price. After 10 copies, the price jumps directly t
Riskless Pyramid
Snapdragon Systems Ltd
5 (1)
Introduction This powerful MT4 trade mangement EA offers a way potentially to aggressively multiply trade profits in a riskfree manner. Once a trade has been entered with a defined stoploss and take profit target then the EA will add three pyramid add-on trades in order to increase the overall level of profit. The user sets the total combined profit target to be gained if everything works out. This can be specified either as a multiple of the original trade profit or as a total dollar amount. Fo
Altri dall’autore
Introducing "PropFirm Consistency Analyst" — your dynamic companion for achieving consistency in proprietary trading. This innovative Expert Advisor operates seamlessly, continuously calculating consistency metrics between two specified dates, providing real-time insights throughout the trading month. Tailored specifically for prop traders, this tool serves as a dedicated ally in meeting the stringent consistency requirements set by some proprietary firms. By evaluating trading performance on
FREE
SL Maestro MT5
Ashraf Elrefaey
SL Maestro - Forex Expert Advisor SL Maestro - Forex Expert Advisor with Advanced Stop-Loss Features Introducing SL Maestro , the ultimate Forex Expert Advisor (EA) designed to enhance your trading strategy by adding stop-losses to existing trades with precision and flexibility. SL Maestro is not just limited to simple pips-based stop-losses; it incorporates a variety of advanced techniques to ensure optimal protection for your trades. Key Features: Pips-Based Stop-Loss : Easily set a stop-loss
FREE
Pips Keeper MT5
Ashraf Elrefaey
Pips Keeper is a sophisticated Forex trade manager expert advisor designed to enhance trading efficiency and optimize profit-taking strategies. With its intuitive functionality, this EA empowers traders to automate the process of closing profitable positions at predefined profit thresholds, thereby maximizing returns and minimizing risks. Key Features: 1.   Threshold-based Profit Closure:   Pips Keeper enables traders to set customizable profit thresholds, allowing for the automatic closure o
FREE
Introducing "PropFirm Consistency Analyst" — your dynamic companion for achieving consistency in proprietary trading. This innovative Expert Advisor operates seamlessly, continuously calculating consistency metrics between two specified dates, providing real-time insights throughout the trading month. Tailored specifically for prop traders, this tool serves as a dedicated ally in meeting the stringent consistency requirements set by some proprietary firms. By evaluating trading performance on
FREE
Pips Keeper
Ashraf Elrefaey
Pips Keeper is a sophisticated Forex trade manager expert advisor designed to enhance trading efficiency and optimize profit-taking strategies. With its intuitive functionality, this EA empowers traders to automate the process of closing profitable positions at predefined profit thresholds, thereby maximizing returns and minimizing risks. Key Features: 1. Threshold-based Profit Closure: Pips Keeper enables traders to set customizable profit thresholds, allowing for the automatic closure of pr
FREE
DominuTron
Ashraf Elrefaey
Introducing DominuTron, the ultimate Forex Expert Advisor (EA) designed to navigate the dynamic and ever-changing currency markets with unparalleled precision and adaptability. With its innovative approach, DominuTron combines trend-following strategies with intelligent grid recovery techniques to maximize profit potential in any market condition Price will go up from $99 up to the final price of $1199. Set files and backtest results can be downloaded from  here . MT5 version is available from h
DominuTron MT5
Ashraf Elrefaey
Introducing DominuTron, the ultimate Forex Expert Advisor (EA) designed to navigate the dynamic and ever-changing currency markets with unparalleled precision and adaptability. With its innovative approach, DominuTron combines trend-following strategies with intelligent grid recovery techniques to maximize profit potential in any market condition Price will go up from $99 up to the final price of $1199. Set files and backtest results can be downloaded from  here . MT4 version is available here .
Filtro:
semur1
64
semur1 2025.01.06 15:59 
 

Thank You for this EA. Long time want to find SL robot with atr. Finally found this for free. I hope to avoid large losses now.

Ashraf Elrefaey
2669
Risposta dello sviluppatore Ashraf Elrefaey 2025.01.07 11:32
Thank you for the comment and review, much appreciated.
Please have a look at DominuTron too: https://www.mql5.com/en/market/product/117073
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