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Automated Forex Trailing Stop Loss Program

Metatrader5 Trailing Stop Loss Program

Platform Compatibility: This program is designed for the MetaTrader 5 platform.

Functionality: The program scans all open Forex currency pair trades on MetaTrader 5 and adjusts their STOP LOSSES to a PROFIT position based on your specified input parameters.

Parameters and Example:

  • Example Trade:

    • EURUSD Long (BUY) trade @ 1.0800
    • STOP LOSS (-50 pips) @ 1.0750
    • TAKE PROFIT (+50 pips) @ 1.0850
  • Program Settings:

    • WhenToTrail = 20 PIPS (Pips profit amount to activate Trailing SL)
    • TrailingStopValue = 10 PIPS (Pips quantity the Stop Loss trails behind the current price)

Operational Example: If the price of EURUSD rises to 1.0820 (+20 PIPS open profit = WhenToTrail), the new STOP LOSS will be set at 1.0810 (10 PIPS below the current price = TrailingStopValue). The STOP LOSS is now in a PROFIT position of +10 PIPS, moved from the original STOP LOSS of -50 PIPS.

Trail Logic: For every PIP increase beyond 20 PIPS, the STOP LOSS moves by the same incremental amount while maintaining a 10 PIP TrailingStopValue. If the price falls below the 20 PIP increase, the STOP LOSS remains at the last profitable position.

Delivery: This program is available for download after purchase.

Compatibility: Supports 2-digit, 3-digit, 4-digit, and 5-digit brokers.

About the Developer: Developed by an experienced Forex programmer with over 10 years of experience in MetaTrader 4 algorithm creation. Currently holding a DarwinEx Score of 61.4, I have successfully passed proprietary trading challenges. Get support directly from the developer and request customizations if needed.

Why Buy from Me?

  • Direct Support: As the developer, I am available to provide direct support and answer any questions you might have.
  • Customization Requests: Need something specific? I offer customization services to tailor the algorithm to your trading strategy.
  • Expertise You Can Trust: With over 10 years of experience in coding algorithms for MT4/MT5, I ensure that each product is thoroughly tested and reliable.

Feel free to contact me for any assistance or customization requests after purchase.

If you have more descriptions to update or need any further adjustments, just let me know!


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MetaTrader4 Carry Trade FOREX Swap Rollover Indicator - Enhance Your Carry Trade Strategy Developed by a seasoned MT4 programmer and successful proprietary trader, this tool is designed to optimize your carry trade strategy. Key Features : Analyzes swap rollover values (in Points) for 63 currency pairs. Indicates whether to take a long (buy) or short (sell) position. Provides insights for generating positive rollover gains when holding trades overnight. Ideal for traders focusing on carry trade
Forex Algo GAP Trader with Trailing Stop Overview: This Forex Algorithm is designed for traders who use gap trading strategies. It identifies and executes trades automatically based on candlestick gap patterns, providing customizable options for risk management and a trailing stop feature. Key Features: Customizable Gap Threshold : Configure the minimum gap size in pips to trigger trades based on market conditions. Flexible Trading Direction : Choose whether to buy on gap-up or sell on gap-dow
MA Crossover Pro MT4 Program Key Features : Moving Average Crossovers : Leverage the dynamic nature of the market with precise buy and sell signals based on fast and slow moving average crossovers. Risk Management Settings : Take control of your trades with customizable risk management settings. Set Stop Loss and Take Profit levels according to your risk tolerance. User-Friendly MT4 Integration : Seamlessly integrate the program into your MetaTrader 4 platform. Effortlessly execute trades and m
Forex Trading Finance EA Indicator This expert advisor (EA) scans pre-selected currency pairs, CFDs, cryptos, and stock indexes to detect price movements based on user-defined parameters. It helps identify potential trade opportunities when the price rises by a certain percentage (suggesting a sell) or falls by a percentage (suggesting a buy). Key Features: Customizable Percentage Alerts : The EA monitors price changes for user-set percentage thresholds (e.g., a 10% rise or a 5% drop), providin
Automated Forex Trading Program - Stochastic Indicator Strategy with Customizable Settings Key Features: Stochastic Indicator Strategy : Utilizes a sophisticated trading strategy based on the stochastic indicator, which is a momentum oscillator. The algorithm identifies potential reversal points at overbought or oversold levels, providing precise trade signals. Customizable Settings : Adjust key parameters like stochastic periods, overbought and oversold levels, as well as Take Profit and Stop
Forex Stock Indexes Alerts EA - RSI & Price Index Expert Advisor (MT4) Forex Stock Index Price Alert & RSI EA for MT4 Condition: New Delivery: Electronic and free worldwide. Email required for delivery details upon purchase. What Does the Program Do? The program will alert the user when any of the 10 pre-selected stock index symbols (additional indices can be added upon request) meet specific criteria: AUS200 EUSTX50 FRA40 GER30 HK50 JPN225 UK100 NAS100 US30 US500 For example, if you set a pric
Stock Indices Candle Gap Volatility Tool Designed for traders who demand precise and comprehensive analysis of candle gaps across major global stock indices. this tool provides the critical data needed for informed decision-making. Key Features: Candle Gap Analysis: Automatically display the high-low (Hi-Lo) gaps on your chart for any selected timeframe, giving you a clear view of market volatility. Wide Range of Timeframes: Analyze candle gaps (Current Candles) over multiple timeframes, providi
Program Overview: This program is a trading tool designed to monitor and analyze the 7 major currency pairs. It is a variant of a similar program used for tracking stock indices, but this version focuses on the seven major currency pairs. The program helps in identifying and calculating significant price movements (gaps) between the high and low prices of these currency pairs over a specified time frame. It then provides insights through comments and alerts based on the calculated gaps. Major Cu
METATRADER4 This program is designed to monitor and evaluate the market performance of 21 minor currency pairs by tracking key metrics such as maximum spread and the time of occurrence. For each selected currency pair, the program calculates the current spread and compares it against the highest recorded spread. If a new maximum spread is detected, it updates the maximum value and logs the time. The spread information is  dynamically displayed. Additionally, every hour, the program prints out t
Forex Candle High/Low Alert Indicator Overview: Forex Candle High/Low Alert Indicator, designed to provide real-time insights and alerts for major currency pairs. This custom-built tool displays key High and Low values over a chosen number of candles and time frame, ensuring you stay informed about critical price movements and trends. (The candles observed are from the 1st candle back - The amount of the chosen number of candles) Key Features: Real-Time High/Low Tracking : The indicator dynamica
This MetaTrader4 tool monitors 21 minor currency pairs over a user-defined timeframe, displaying key PIVOT values along with SUPPORT Zones 1, 2, and 3, and RESISTANCE Zones 1, 2, and 3 for each selected pair. Users can choose to have this information optionally displayed on the chart ; however, logging of the data to the log file is always active and occurs periodically based on the selected timeframe. For example, when set to an hourly timeframe, data will be logged every hour; on a minute-base
Currency Pair Correlation Matrix & Alerts Tool Analyze correlations across major and minor currency pairs in real-time with Alerts for chosen amounts on positive and negative correlations coefficients where the user can specify the Time Frame and the number of candles to analyze within the Time Frame  This adds an added layer flexibility when calculating the coefficients. The time frames that you can select are below  PERIOD_CURRENT 0 Current timeframe PERIOD_M1 1 1 minute PERIOD_M5 5 5 minutes
METATRADER5 This program is designed to monitor and evaluate the market performance of 21 minor currency pairs by tracking key metrics such as maximum spread and the time of occurrence. For each selected currency pair, the program calculates the current spread and compares it against the highest recorded spread. If a new maximum spread is detected, it updates the maximum value and logs the time. The spread information is  dynamically displayed, providing insights into market conditions. Additio
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