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OHLC Trailing Stop

The OHLC Trailing Stop utility trails stop loss based on control prices of the specified bar: Open, High, Low, Close.

In the utility settings, you can choose the bar number, which prices will be used for the trailing stop function. A control price for trailing can be specified separately for buy and sell trades.

The Magic parameter allows using the utility together with other Expert Advisors.


Input parameters

  • Magic - magic number: 0 - trailing of all trades, 1>= - trailing of trades with the specified Magic;
  • Stop Level - stop loss level;
  • Slippage - allowable slippage;
  • BARS CONTROL PRICE SETTINGS
  • Use Bars Control Price Trailing - enable trailing by control points;
  • Bars Timeframe - choose timeframe;
  • Bars Number - the number of the bar;
  • Bars Buy Trailing Control Price - control price for trailing buy trades;
  • Bars Sell Trailing Control Price - control price for trailing sell trades;
  • Bars Symbol - trading symbol: CurrentSymbol or AllSymbols.


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The Expert Advisor will help you forward all pop-up alert with screenshot from  MetaTrader 4 to Telegram channel/ group, also forward all notifications to Telegram. Parameters  -  Telegram Bot Token - create bot on Telegram and get token.  -  Telegram Chat ID  - input your Telegram user ID,  group / channel ID  -  Forward Alert - default true, to forward alert.  -  Send message as caption of Screenshot - default false, set true to send message below Screenshot  How to setup and guide  - Telegram
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Roman Zhitnik
5 (2)
The Expert Advisor is a risk manager helping users to control their trading. In the settings, it is possible to specify the parameters at which the risk manager force closes the opened trades and closes the terminal as well, if it is needed to prevent opening trades on emotions, which do not correspond to the trading strategy. Link to Version for MetaTrader 5  Risk Manager settings Check limit to close   - check the equity limit Limit to close (account currency)   - equity limit that is checked
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Leolouiski Gan
5 (20)
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Version 1.2 2020.03.07
Recompiled in the current version of MT4.
Version 1.1 2019.03.13
Added trading panel.