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Virtual Sl Tp and trailing Sl

This panel brings convenient functionality - Virtual Stop Loss and Take Profit levels.


Peculiarities

  1. This panel allows to hide the Stop Loss and Take Profit levels of your trades. 
  2. The panel stores these levels in memory
  3. When the market price reached one of the levels, a trade is closed and terminal generates a message indicating that a virtual level was triggered.
  4. there are 4 options for setting Stop Loss:
    • Fixed Stop Loss - fixed Stop Loss
    • Trailing Stop Loss - classic Trailing Stop Loss.
    • Trailing to breakeven - Trailing SL until the "break even" price (trade open price)
    • Trailing by jumps - when the position profit in pips is equal to the value of TRSL_1, the Stop Loss level is set to the position opening price (to breakeven). If Stop Loss is at "breakeven" and the distance from the current price to the opening price becomes equal to TRSL_2, the Stop Loss order is moved away from the opening price to fix the profit in pips equal to TRSL_3. This Trailing Stop Loss method is very efficient, it has been tested on different strategies. The algorithm is shows on the screenshot below.
  5. It is possible to work with all trades on the symbol or with trades with the specified Magic (useful for working with an EA)
  6. It is possible to set Take Profit
  7. It is possible to draw the SL and TP levels as conventional lines on the chart
  8. It is also possible to set the main settings right on the panel
  9. When using hidden levels, there is an option to add "live levels" for SL (which are greater than the virtual level by the specified number of points)


Attention!

After change settings - Press button "RESET"



Attention!

If the virtual SL/TP levels are enabled and for some reason the connection between the terminal and broker is lost (connection interruption, broker not responding or something else), trades will not be closed when those levels are reached


Comentários 1
Javier Angel Labandeira Garcia
2335
Javier Angel Labandeira Garcia 2018.10.12 21:39 
 

I checked this EA only with parameter "Just SL" and TP, I don´t need other functions by now.

It works very well in my hedge account, manual or with an EA, for All orders or just for Magic number (1 or more magics openig Virtual_SL_EA in more graphs).

It has a good price and works, autor has been very helpful fixing some bug, and similar EAs that I checked were more expensive and had errors.

So, 5 stars for Virtual SL/TP is the correct.

The only missed thing is a full functional demo just for 1 symbol(CADJPY or other minor), so that we were able of checking its functions before buying it.

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This is a professional trades copier with easy to use interface and fast rock solid execution. It has some unique functionality which is missing in other trades copiers (see details below). It can copy trades between both MT4 and MT5 terminals in any combinations. Supports "One to Many" and "Many to One" copying modes. This product can not be tested in strategy tester. Please, download demo version here:  https://www.mql5.com/en/market/product/36142 Version for MetaTrader4 is available here:
99 USD
Active Lines
Yury Kulikov
Active Lines - a powerful professional tool for operations with lines on charts. Active Lines provides a wide range of actions for events when the price crosses lines. For example: notify, open/modify/close a position, place/remove pending orders. With Active Lines you can assign several tasks to one line, for each of which you can set individual trigger conditions, as well as conditions for re-activations and the number of possible activations. Active Lines helps you easily organize various tra
65 USD
Mission Automate MT5
Andrey Barinov
This is a visual strategy builder . The way it is supposed to be. Turn your trading strategies and ideas into Expert Advisors without writing a single line of code. Generate mql source code files with a few clicks and get your fully functional Expert Advisors, which are ready for live execution , strategy tester and cloud optimization . This utility does NOT work in the strategy tester. The DEMO version is here: https://www.mql5.com/en/market/product/30173 More information about the product, inc
199 USD
Renko chart generator
Artur Zas
Professional renko charting on a custom symbol chart accurate pricing to the tick  accurate timeline (no future date projections ) every renko variation in a single package very responsive charts An Expert Advisor (EA) used to create custom Renko charts and provide real-time updates. This is an MT4 "offline" chart equivalent which is very simple to use. All historical renkos are constructed using real tick data from the broker's server. You can attach any MT5 compatible indicator or temp
35 USD
Charts symbol changer and synchronizer MT5
Sergey Efimenko
Utility designed to change the trading instrument for current, all or selected charts, timeframe change, and for simultaneous movement in history (automatically or on click) all charts. The list of available tools is read from the "market Overview". You can change the color, size, and position of the buttons. Window synchronization occurs at the time of the first visible bar in the active chart window when you click the sync button or when you move the mouse/keyboard in automatic mode. The TF ca
30 USD
TradePad
Ruslan Khasanov
The simple solution for quickly trading operations and controlling positions on multiple trading symbols. The panel interface is simple and intuitive. For a comfortable trader's work, the panel includes: the hotkey manager to help you manage all trade operations and chart timeframes; built-in MultiCharts indicator for monitoring multiple trading symbols and generating trading signals; overview of trading statistics for any period of time, as well as various useful information about the trading
99 USD
Tick chart generator
Artur Zas
Utility used to create custom Tick charts and provide real-time updates. This is an MT4 "offline" chart equivalent which is very simple to use. You can attach any MT5 compatible indicator or template to the tick chart and perform your technical analysis. Tick charts measure a number of transactions per bar. You can choose any number of ticks per bar but most traders choose Fibonacci numbers (1, 2, 3, 5, 8, 13, 21, 34, 55, 89, 144, 233...). The generator uses tick data to plot the historical tick
38 USD
IShift Lite
Yury Kulikov
IShift Lite is utility for trading directly from the depth of market. IShift Lite allows: perform trade operations directly from the DoM with a "single touch"; easily move your orders in the DoM: automatically place Stop Loss and Take Profit; Place limit order as Take Profit; move position to breakeven; automatically move Stop Loss along the price; calculate the volume of an order depending on a fixed risk level or a fixed margin level. IShift Lite is primarily intended for high-speed and visual
55 USD
Easy Trade Manager MT5
Anoop Sivasankaran
Thank you users for all your great reviews for the MT4 version - Latest MT4 Version 16 becomes MT5! July Version 1.3 Updated. Enter the Risked Amount or Lot size or % of Balance (New!) Drag the RED line on the chart to fix the Stop-Loss. Drag Blue line (New!) for Limit/Stop orders automatically ! Adjust TP1, TP2 and TP3 lines You are ready to Buy/Sell > Adjust the lines even after the trade Reviews - https://tinyurl.com/etmreviews Check the user video -  https://tinyurl.com/etmmt4ea Automatic
40 USD
Filtro:
Javier Angel Labandeira Garcia
2335
Javier Angel Labandeira Garcia 2018.10.12 21:39 
 

I checked this EA only with parameter "Just SL" and TP, I don´t need other functions by now.

It works very well in my hedge account, manual or with an EA, for All orders or just for Magic number (1 or more magics openig Virtual_SL_EA in more graphs).

It has a good price and works, autor has been very helpful fixing some bug, and similar EAs that I checked were more expensive and had errors.

So, 5 stars for Virtual SL/TP is the correct.

The only missed thing is a full functional demo just for 1 symbol(CADJPY or other minor), so that we were able of checking its functions before buying it.

Responder ao comentário
Versão 7.0 2020.09.14
you can set type of deals: All; only Buy; only Sell
Versão 6.2 2020.08.01
some small changes
Versão 6.1 2020.08.01
some changes)
Versão 6.0 2020.08.01
Big update:
- changed grafic user interface
- fixed bugs
Versão 5.0 2018.10.12
Fixed bugs
Versão 4.0 2018.10.04
Fixed bugs
Versão 3.0 2018.08.23
Fixed bugs
Versão 2.0 2018.06.05
1 - now the EA is able to set the virtual SL and TP levels closer than the minimum distance allowed by the broker
2 - added the ON/OFF button to the visual panel