• Overview
  • Reviews (2)
  • Comments (2)

Stoploss Follower

3

Stoploss Follower has the function of setting stop loss value on each order dynamically. When the price moves in profitable direction, the EA will calculate and set a new stop loss value that follows the price. But when the price moves in reverse, the stop loss value still remains at the position. So when the new price touches this stop loss value, the order is closed.

Trader can set the estimate of stop loss value with Stoploss input parameter. This parameter is in pips unit, i.e when a trader sets Stoploss=500 with lots=0.01, it means they set a stop loss at 500x0.01=$5.


Pairs and Timeframes

Due to the EA's ability to modify stop loss value, Stoploss Follower can be of use for any pairs and timeframes.


Parameters

  • NumTicket. Number of orders that can be sent by this EA.
  • StopLoss. The stop loss value to be set in pips unit.
  • MagicNumber. Magic number of orders.
  • DelayMinute. Interval time betwen orders.
  • Lots. Volume value used for every sent order.
  • ALLOWTRADE. Enable/disable automatic order sending feature.
Reviews 2
Mohammad Oladi
3219
Mohammad Oladi 2018.12.01 15:36 
 

Thank you for this EA

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Launch Promo: Limited number of copies available at current price Final price: 990$ NEW: get 1 EA for free! (for 2 trade accounts) Ultimate Combo Deal   ->   click here LIVE RESULTS:   https://www.mql5.com/en/signals/1949810 JOIN PUBLIC GROUP:   Click here Set Files Welcome to DayTrade Pro Algo!  After years of studying the markets and programming different strategies, I have found an algorithm that has everything a good trading system needs: It is broker independent It is spread independ
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Last copy at 399$ -> next price 499$ Dark Algo  is a fully automatic Expert Advisor for Scalping Trading on Eurusd . This Expert Advisor is based on the latest generation of algorithm and is highly customizable to suit your trading needs.  If you   Buy this Expert   Advisor you can   write a feedback   at market and   get   a second EA for   Free , for More info contact me The basic strategy of this EA is built on a sophisticated algorithm  that allows it to identify and follow market trends .
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Mohammad Oladi
3219
Mohammad Oladi 2018.12.01 15:36 
 

Thank you for this EA

Matthew Todorovski
12938
Matthew Todorovski 2018.06.25 05:54 
 

1 Star (20%) = Bad

2 Stars (40%) = Undecided (still testing)

3 Stars (60%) = Okay

4 Stars (80%) = Good

5 Stars (100%) = Excellente!

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