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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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
Seconds Chart — uno strumento unico per creare grafici in secondi su MetaTrader 4 . Con Seconds Chart , puoi generare grafici con timeframe definiti in secondi, ottenendo una flessibilità e una precisione d'analisi ideali, non disponibili nei grafici standard in minuti o ore. Ad esempio, il timeframe S15 indica un grafico con candele di 15 secondi. Puoi utilizzare qualsiasi indicatore, expert advisor e script. È facile utilizzarli proprio come nei grafici standard. A differenza degli strumenti s
PZ Trade Pad Pro MT4
PZ TRADING SLU
5 (2)
Effortlessly calculate lot sizes and manage trades to save time and avoid costly errors The Trade Pad Pro EA is a tool for the Metatrader Platform that aims to help traders manage their trades more efficiently and effectively. It has a user-friendly visual interface that allows users to easily place and manage an unlimited number of trades, helping to avoid human errors and enhance their trading activity. One of the key features of the Trade Pad Pro EA is its focus on risk and position manageme
Trade Manager MT4 DaneTrades
Levi Dane Benjamin
4.09 (11)
Trade Manager per aiutarti a entrare e uscire rapidamente dalle operazioni calcolando automaticamente il tuo rischio. Incluse funzionalità che ti aiutano a prevenire l'eccessivo trading, il vendetta trading e il trading emotivo. Le operazioni possono essere gestite automaticamente e i parametri di performance del conto possono essere visualizzati in un grafico. Queste caratteristiche rendono questo pannello ideale per tutti i trader manuali e aiuta a migliorare la piattaforma MetaTrader 4. Suppo
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
Copy Master mt4
Evgenii Aksenov
5 (5)
Questa utility ti permetterà di copiare qualsiasi transazione da un terminale con L'impostazione Master ad altri terminali con L'impostazione Slave Allo stesso tempo, puoi scegliere quali coppie copiare, impostare la dimensione dell'ordine copiato su più parametri. Impostare il limite di perdita di prelievo o copiare solo le operazioni redditizie È possibile copiare le transazioni da MT4 o MT5 a MT4 o MT5 di altri broker Ora non sarà difficile copiare i segnali di qualsiasi esperto che lavor
News Filter EA MT4
Rashed Samir
5 (9)
News Filter EA: Advanced Algo Trading Assistant News Filter EA is an advanced algo trading assistant designed to enhance your trading experience. By using the   News Filter EA , you can integrate a Forex economic news filter into your existing expert advisor, even if you do not have access to its source code. In addition to the news filter, you can also specify   trading days   and   hours   for your expert. The News Filter EA also includes   risk management   and   equity protection   features
Altri dall’autore
Auto SLTP Maker MT4  is an assistant for all those who forget to set StopLoss and/or TakeProfit in deal parameters, or trade on a very fast market and fail to place them in time. This tool automatically tracks trades without StopLoss and/or TakeProfit and checks what level should be set in accordance with the settings. The tool works both with market and pending orders. The type of orders to work with can be set in the parameters. It can track either trades for the instrument it runs on, or all
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 area of
Auto SLTP Maker MT5
Oleg Remizov
5 (1)
Auto SLTP Maker MT5  is an assistant for all those who forget to set StopLoss and/or TakeProfit in deal parameters, or trade on a very fast market and fail to place them in time. This tool automatically tracks trades without StopLoss and/or TakeProfit and checks what level should be set in accordance with the settings. The tool works both with market and pending orders. The type of orders to work with can be set in the parameters. It can track either trades for the instrument it runs on, or all
Auto Close & Delete All is an assistant to help you quickly close all trades of a selected symbol or all symbols and delete pending orders. Through its flexible settings, you can set the script to either close only trades, or only pending orders, or both market trades and pending orders. The script can close deals and delete pending orders wither for the current instrument, or for all instruments. This is selected in settings. The settings are displayed on the screen before the script execution,
FREE
Индикатор Candle Body Histogram отображается в отдельном окне и показывает размер тела каждой свечи в виде гистограммы. В зависимости от того растёт свеча на графике или снижается, гистограмма меняет свой цвет. Свечи "доджи", у которых совпадают цены открытия и закрытия, так же отображаются на гистограмме отдельным цветом.  Поскольку индикатор строится от нулевого значения, он позволяет визуально сравнить тела свечей относительно друг друга. На гистограмме можно разместить уровни, чтобы отслежив
FREE
Grid Builder
Oleg Remizov
5 (4)
The   Grid Builder MT4   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
Mr Average
Oleg Remizov
5 (1)
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
The Profit Loss Control Panel is a tool designed to control loss and profit in trading. It allows to close deals if profit and/or loss of positions opened on the account reaches a certain limit. Limit types Percentage of balance Number of points Deposit currency Thus covering the most popular list of reasons to close the deal. The panel allows to combine limits of various types, for example, limit loss as a percentage of the deposit and limit profit in deposit currency. Limits as a percentage o
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 is a tool that implements trailing of the stop loss order after the price based on the Fractals by Bill Williams. 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 downward fractals, and sell trades can be trailed based on the upwards fractals. The Magic parameter
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 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)
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 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
Grid Builder 5
Oleg Remizov
5 (1)
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
Filtro:
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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