Ultimate Trailing Stop EA Demo

How this expert advisor works

The working process looks like this:

1. You open any number of orders, manual or EA.

2. UTS monitors these orders and moves the SL value in favor of selected algorithm.

3. UTS closes all or part of the position at SL value.

Inputs:

• Trailing Stop Method — Choose from 16 different trailing stops. 

• Stop Loss Type —  Choose between Real or Virtual Stop.   

• Touch or Close  —  Close on touch (default), or when Bar closes over(under) virtual stop. Close method works only when virtual stop is enabled.

• Close Percent  — Works with virtual to partially close your position at a desired percent. 

• Threshold in Pips or ATR — Start trailing stop when your trade reaches X pips in profit. 

• StopLoss in Pips or ATR- Set the SL in pips or atr multiplier

• TakeProfit Pips or ATR - Set the TP in pips or atr multiplier
  

• Breakeven in Pips or ATR - Set the BE in pips or atr multiplier

• Indicator Settings   : 

  • Percent — trails at percent profit
  • Fixed — trails at a fixed pip profit
  • ATR Exit — trails at close +/- multiple of atr
  • Moving Average — trails at moving average line
  • Chandelier Exit  — trails at highest high / lowest low +/- multiple of atr
  • Candle High Low Exit — trails at the highest / lowest candle range
  • Bollinger Bands—  trails at Bollinger Bands
  • Parabolic SAR—  trails at Parabolic SAR levels 
  • Envelope —  trails at Envelope Bands 
  • Ichimoku Kijun-Sen — trails at the the Ichimoku Kijun-Sen (Blue) line
  • Alligator —  trails at the jaw, teeth or lips of the Alligator indicator
    
  • Exit After X Minutes  — exits after custom minutes
    
  • Exit After X Bars  —  exits after custom bars
    
  • RSI - trail RSI level
    
  • Stochastic - trail Stochastic level

• Filter (Symbol, Magic Number, Comment, Ticket) — With dropdown menu: None, Equal, Not Equal, Contain, Not Contain. These filters allow you to include (exclude) specific symbols, magic numbers, comments, tickets or parts of them. For example, if Symbol contains USD, you will trade all USD based symbols. If Magic Number equals 80260, 40260, you will manage only these magic numbers.