In Global Settings, you will see the following input:
Active in profit only = true/false; // you can indicate to true (default is false) so that you can trail only when in profit.  

Hi Blake,

I don't get the trade window, which I had in the demo/test. Also, the EA is not doing anything to my orders. I tried Bollinger Band and ATR Exits. Nothing worked. Please note that I am running with the default settings, except for the filters, so that my other EA orders are not modified. I can see my order in the EA window, but stop loss remains blank.

Appreciates quick response!

Thanks,

Noufel

Hi Kevin and any others interetested to share best settings and results, please join my new telegram discussion channel devoted to this here:
https://t.me/algosamurai_utilities

got it with thanks.

what about if I want to trailing stop only profit at 25 pips. and stop loss at 250pips with all position. how to set like this?

===Global Settings (change the following, keep the rest at default)==
Trailing Stop Method (Dropdown) = Fixed distance in pips; 
Threshold pips = 25; 
StopLoss pips = 250; 
StopLoss Override = true; 

===Fixed====
Fixed Distance in pips = 25; 

Ultimate Trailing Stop EA version 2.37 and now 2.38 have some cool features added. 

You now have the ability to trail by basket closes on controlled trades:  

BasketClose in Total $ Profit
BasketClose in Total $ Loss
BasketClose in % DD (Equity-Balance) // shout out to user Solrak Cirdek for the above three ideas
BasketClose in % Updraw (Balance-Equity)  // shout out to user Clive Talyer for this addition

In the top right of panel, you can see your basket close condition. 

In bottom left of panel, you can see a new set of gauges to monitor your Basket Profit/Loss/DD/UP stats: 
Balance | Basket Equity | Basket Profit | Basket DD% | Basket UD%

It is advisable that, if you just want the basket close methods, and not any of the 14 trailing SL methods, you should put OpenTradeActive=false and NewTradesActive=false. Basically, this will deselect all open and new trades, or you can deslect them manually yourself. 
 
Or, alternatively, you can trade with any of the 14 trailing SL methods AND any of the basket closes at the same time. Your choice. 

Hi Everyone, 

I just released a major update with Ultimate Trailing Stop 2.41. 

Changes to Inputs/Functions:

Hi Mr Rodger

I am excited about the basket close. 

My question is can I use UTS basket close to control two different magic numbers to stop the EA separately for the same currency pair?

Below is my scenario

Magic Number 123 EURUSD Long Position enters the  market with EA XXX

Magic Number 456 EURUSD Short Position enters the market with EA YYY

Can i use 

First Chart with UTS Basket close to control Magic Number 123 (EURUSD) when it reaches $100 profit and stop the EA XXX

AND

Second Chart with UTS Basket close to control Magic Number 456 (EURUSD) when it reaches $100 loss and stop the EA YYY

Please advise. Thanks 

yes, you are correct; you would be deploying 2 instances of UTS. 

First chart with UTS:
BasketClose in Total $ Profit  = 100; 
Filter Magic Condition=Equal: 
Filter Magic Value = 123;

Second chart with UTS: 
BasketClose in Total $ Loss = 100; 
Filter Magic Condition=Equal: 
Filter Magic Value = 456;

If either of the above conditions were met, the controlled trades from either EA (XXX and YYY) would be closed. However, these two EAs would not be stopped; hypothetically, they can still generate additional trades after the ones that were closed. If you want to stop them, I would have to think of a solution to do that. 

Thank you for your clarifications. I am using an EA which uses M1 to open trades and close positions technically non-stop, certainly it is exciting if I am on the right trend. But, there are occasions that the trend reverses..you see my point. My question is, inspired by your new EA Schedule Launcher, is it possible to use a template to close the EA immediately or re-open the EA say after x hours? Thanks.

While I don't know exactly how your EA works, if it is trying to open and close positions non-stop and this exposes you to a beating when the trend reverses, you may want to consider being out of the market when you see the trend reverse. 

The EA Schedule Launcher can help you get out and back in after a schedule of x hours. Perhaps you can load up your account to myfxbook to see (in Advanced Statistics > hourly tab) your Winners Profit vs Losers Profit across the full 24 hours. You might notice that there are stretches of hours that are weaker than others, and you might not want to trade within them. 

For instance, here is an EA I use, and I highlighted the weak hours: 



I might want to consider the idea of using the EA Schedule Launcher to close my EA on hours 0,1 and also on 17,18,19,20. 

Maybe we can continue the conversation on the comments page of EA Schedule Launcher :)

Hi,

Super work. I have just rented with a plan to buy pretty soon. It seems like you have nailed all my problems with EAs. The issue is I get only five activations, I have like dozen EAs working on different demo accounts which I am planning to test the

Many thanks,

Khaldoon 

Hi Khaldoon, 

Thanks for the compliment. The way that MLQ5 activations limit works is via computers, not MT4 terminals; thus if you have 5 activations, you can use multiple instances of UTS EA on unlimited MT4 terminals on 5 separate computers. That gives you lots of latitude for testing UTS EA on dozens of demo accounts. 

If you need more than that, reach out to me via PM or telegram and I will try to accommodate you. 

Cheers, 
Blake

Hello Blake,

just trying this recently, getting to grips with extensive production features,

I know the Threshold function is kind of taking this to a better level, but one thing that strikes me, would it be possible to default all trades unchecked/deselected on the visual panel, or give option in settings to start up with trades unchecked, or new trades unchecked? This would be helpful running one instance to manage a broad basket of various trades.

Also can you make the visual handles on each trade always appear? The partial close function from the visual handle is great!

And possibly, a section on the panel to partial close a total basket grouped by magic or comment.

Hi Blake,

I used your EA before and I find it profitable. However, with the recent major changes I'm just confuse with the timing. Compare with the OLD version which seems to work with per tick.

screenshot below is from my strategy tester. As shown below, the threshold is 10 pips. However, the trail is not triggered after it moved to 10 pips. SL moved eventually but at later at 15-20pips.

any idea why is this happening?  

Hi Blake,

Just following up for your reply. further observing the EA when loaded to strategy tester. it looks like Trail only kicks in after 20 pips even if my threshold is set to 5 pips. I have tried all trailing mode ie pips, envelop, bolinger.

can you look at the attached set file please and let me know what wrong with it. the OLD version is way better and was doing what it should be.