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.


Recensioni 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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Rashed Samir
5 (10)
Utilità
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Patel Hitendrakumar Mahendrabhai
Utilità
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Vladislav Andruschenko
4.88 (32)
Utilità
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Juvenille Emperor Limited
5 (3)
Utilità
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5 (1)
Utilità
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Kyra Nickaline Watson-gordon
5 (7)
Utilità
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Mohd Khairol Amin Ramli
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Laszlo Tormasi
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Utilità
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Vu Trung Kien
4.43 (7)
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Mohammed Maher Al-sayed Mohammed Ahmed Saleh
5 (1)
Utilità
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Oleg Remizov
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Utilità
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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Oleg Remizov
5 (1)
Utilità
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Oleg Remizov
Utilità
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Indicatori
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Oleg Remizov
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5 (4)
Utilità
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Oleg Remizov
5 (1)
Experts
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Oleg Remizov
5 (1)
Utilità
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Oleg Remizov
4 (1)
Utilità
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Oleg Remizov
5 (5)
Utilità
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Oleg Remizov
Utilità
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Oleg Remizov
Utilità
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Oleg Remizov
5 (2)
Utilità
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
Impulse EA MT5
Oleg Remizov
5 (1)
Experts
Impulse EA MT5 Expert Advisor is based on the author's trading strategy. The EA algorithm does not use martingale, averaging and any other risky money management systems. It is based on candlestick analysis. The EA analyzes several time frames and determines the dominant price direction. Entering the market takes place in moments of a surge of volatility. Each trade of the EA is accompanied by stop Loss and Take Profit orders. The size of Stop Loss and Take Profit is determined by market volati
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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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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