• Overview
  • Reviews (5)
  • Comments (5)
  • What's new

AW Shepherd Safety MT5

5

The work of the utility is directed at opening new market orders, maintaining them, transferring the unprofitable orders into profit using an internal loss handling algorithm, trend filtering and various types of trailing stop and take profit. Suitable for any instruments and timeframes. The algorithm works separately for buys and sells, which allows simultaneously working in both directions as well. For the event when the additional orders opened by the utility do not become profitable, a StopOut (closing all trades by loss) is provided. It can be used as a supplement to trading strategies, and also as a full-fledged separate trading system.


You can check the utility in your terminal's strategy tester in the Visualization mode.


MT4 version -> HERE / Problem solving -> HERE


Information fields:

  • Deposit load - shows the deposit load percentage.
  • StopLevel - Stop Level of the selected instrument in points.
  • Drawdown/Grown - Drawdown/Growth of the trade balance as a percentage.
  • Spread Value - Spread in points.
  • In Deals - Volume of open trades in lots.

Buttons:

  • Close Buy - close all opened buy positions and buy pending orders on the selected instrument, if the Magic Number of the order matches, and displays the profit/loss of the opened buy orders in the deposit currency.
  • Close Sell - close all opened sell positions and sell pending orders on the selected instrument, if the Magic Number of the order matches, and displays the profit/loss of the opened sell orders in the deposit currency.
  • Close All - close all opened positions and pending orders on the selected instrument, if the Magic Number of the order matches, and displays the profit/loss of the opened orders in the deposit currency.
  • Open Buy - send a Buy order and display the volume in lots for the next Buy order in the queue.
  • Open Sell - send a Sell order and display the volume in lots for the next Sell order in the queue.

Input parameters

Lots - volume of the first trade in the group of orders, in lots.
Magic - magic number.
Slippage - allowable slippage in points.
MaximumLotsValue - the maximum allowed volume of one order in lots.
MaximumSpread - maximum allowable spread for opening orders.
MaximumOrdersInWork - the maximum allowed number of orders.
Order_Comment - comments to orders.
Long_Trades - allow buy trades.
Short_Trades - allow sell trades.
Auto_SL_TP - allow setting TP and SL for the utility's order automatically.
Overlap_LH - allow using additional trailing in money for the uppermost and lowermost orders of the group (separately for Buy and for Sell).
Trend_Filter_Grids - filter type for order grids.
Multiplier_Type - multiplier type for order grids.
Step - step for the order grid in points.
Multiplier - lot multiplier in the Multiplier_lots mode.
Add_Lots - lot increase in the Add_to_lots mode.
TakeProfit_Type - type of take profit or trailing.
TakeProfit_money - take profit value in money.
TakeProfit_points - take profit value in points.
TrailingStep_money - step of the virtual trailing in the deposit currency.
TrailingStart_money - start of the virtual trailing in the deposit currency.
TrailingStep_points - trailing step in points.
TrailingStart_points - trailing start in points.
StopLoss_Type - type of stop loss.
StopLoss_money - stop loss value in money.
StopLoss_Points - stop loss value in points.
StopOutValue - amount of loss in the deposit currency, at which all market orders are closed.


    Reviews 5
    Betatester69
    184
    Betatester69 2024.05.28 09:13 
     

    Cute little EA, helps immensely with getting one out of bad trades. Sometimes I just place some random orders and heck even they come out on profit overall. Nothing to complain about. 5/5

    Stefan Wagner
    292
    Stefan Wagner 2022.04.09 10:51 
     

    The EA Sheperd Safety is a really fantastic work of the author. It works very well. I had three orders with big losses and only a few hours later the EA turned it to little profits. I am very impressed. Thank you very much. My bad trading gets better with that EA.

    skyparc
    386
    skyparc 2021.07.16 16:27 
     

    Great, clever and usefull tool, also do you think is possible to include/add comission/swap points function?

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    saroq
    287
    saroq 2024.06.26 03:29 
     

    User didn't leave any comment to the rating

    Betatester69
    184
    Betatester69 2024.05.28 09:13 
     

    Cute little EA, helps immensely with getting one out of bad trades. Sometimes I just place some random orders and heck even they come out on profit overall. Nothing to complain about. 5/5

    Stefan Wagner
    292
    Stefan Wagner 2022.04.09 10:51 
     

    The EA Sheperd Safety is a really fantastic work of the author. It works very well. I had three orders with big losses and only a few hours later the EA turned it to little profits. I am very impressed. Thank you very much. My bad trading gets better with that EA.

    skyparc
    386
    skyparc 2021.07.16 16:27 
     

    Great, clever and usefull tool, also do you think is possible to include/add comission/swap points function?

    Victor Volovin
    383
    Victor Volovin 2021.03.15 12:19 
     

    Хорошая утилита, которая должна быть в арсенале каждого трейдера. Позволяет закрывать в плюс открытые по своей стратегии сделки. Однозначно стоит своих денег. В качестве рекомендации предлагаю сделать раздельную установку параметров TAKE PROFIT SETTING для покупок и продаж.

    Reply to review
    Version 7.0 2022.03.22
    - Fixed bug with swaps accounting when calculating breakeven levels
    Version 6.40 2021.03.08
    - Fixed handling of volumes of short positions
    Version 6.30 2021.03.07
    - Fixed volume normalization bugs
    Version 6.20 2021.02.18
    - Fixed work of trailing in the deposit currency on short positions.
    Version 6.10 2021.02.17
    - Updated trailing in points to work correctly with baskets of orders of the same type
    Version 6.0 2021.02.02
    - Updated trailing in the deposit currency
    - Updated TP in the deposit currency
    - Correction of possible errors in changing order volumes
    - Small graphical panel updates
    Version 5.0 2021.01.25
    - Fixed bug with TrailingStop in points