This is a trend-following indicator that is most efficient in long-term trading.
It does not require deep knowledge to be applied in trading activity.
It features a single input parameter for more ease of use.
The indicator displays lines and dots, as well as signals informing a trader of the beginning of a bullish or bearish trend.
Indicator_Period - indicator period (the greater, the more long-term the signals).
The Expert Advisor moves the Stop Loss level after the price at the pip distance, specified in the settings, which makes it a separate floating Stop Loss
If necessary, the expert can be configured so that it moves the Stop Loss upon reaching a certain profit level in points.
The trailing step can also be set, so that the EA moves the Stop Loss only after a certain amount of points.
A few reasons to choose the "Swimming stop":
The EA automatically starts trailing stop on any opened or...
The expert installs a panel on the chart, which simplifies the order opening during manual trading.
This EA performs multiple functions:
Opening buy or sell orders (Take Profit and Stop Loss are configured before the EA starts). Close trades in profit Close trades opened by the EA
Take profit - take profit. Stop Loss - stop loss. Lot volume - order volume Number to open orders - number of orders to open. Slippage - slippage. Magic - unique number....