FX Auto Risk Management TP SL and Out Stop v3

FX Auto Risk Management TP SL and Out Stop v3.10

Strengths of the Script

1. Comprehensive Risk Management

• Automated Take Profit and Stop Loss with customizable percentage-based settings

• Trailing Stop with two adjustable modes (Normal and Aggressive)

• Stop Out based on floating loss/profit percentage

2. Advanced Features

• Multi-mode trailing stop with different parameters for each mode

• Slippage control for more realistic order execution

• API request limit to prevent server overload

3. Effective Error Handling

• Input parameter validation in  OnInit()

• Detailed error handling with the  GetRetcodeDescription()  function

• Protection against division by zero and negative values

4. Performance Optimization

• Millisecond timer for trailing stop adjustments

• New tick detection to avoid redundant processing

• Request rate limiting (per second)

5. Flexibility

• Works for all positions or can be filtered by Magic Number

• Features can be enabled/disabled via input parameters