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ProfitLossTrailEA

FREE

Published: 24 December 2014

Current version: 2.30

ProfitLossTrailEA

Name: ProfitLossTrailEA
Rating: 4.869565 (23 reviews)
Author: Nikolaos Pantzos

4.87

Utilities
Nikolaos Pantzos
Version: 2.30
Updated: 20 March 2024

This Expert Advisor is a tool for managing orders.

The EA can

Place/remove a take profit.
Place/modify/delete a stop loss.
Manage all orders or specific ones having a certain ID.

You can to get the source code from here.

Parameters

ManageOrders:

Order_By_Order = Manage separately each order.
Same_Type_As_One = manage same orders (all buy or all sell as one order, like basket system).

PutTakeProfit: Put take profit in orders (yes/no).
TakeProfitPips: Take Profit in pips.
PutStopLoss: Put stop loss in order (yes/no).
StopLossPips: Stop Loss in pips.
UseTrailingStop: Use trailing stop loss (yes/no).
PutStopLossAfter: Put stop loss in order if order has profit x pips.
TrailingStop: Trailing stop loss in pips (distance to follow order).
TrailingStep: Steps in pips to use for move stop loss.
UseBreakEven: Use Break Even (Put stop loss only in profit) (yes/no).
BreakEvenAfter: Put stop loss if order has profit x pips.
BreakEvenPips: Pips from order open price to put stop loss.
DeleteTakeProfit: Delete Take Profit if there is in order (yes/no).
DeleteStopLoss: Delete Stop loss if there is in order (yes/no).
MagicNumber:

>0: modify identifier orders (with special ID, this number is ID).
0: modify all orders (from ea or manually).
-1: modify only manual orders.
-2: modify only chart symbol orders.

SoundAlert: Expert play sound in each operation.
ColorBackground: Option to change color comments' background.

more...

1319

Omar Alsaleem 2024.07.30 08:35 #

Excellent EA

540

MICHEL EDOUARD M ROELANS 2023.06.01 15:56 #

This EA is really a must have for manual trading but not only. It can also work in parallel with your auto trading EA if this one doesn't provide SL like most of the EAs. You can also use it on a subcribed signal but it's more complicated because if you close a trade on a subscribed signal it comes back a little later. Anyway, it's possible!

1327

Sivaramakrishnan Thavasi 2023.05.04 05:21 #

author is genuine minded

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It's a two (2) pairs correlation system to use 3 currencies to make 2 pairs to open hedge orders on those. The expert starts opening four orders for each couple (2 plus and 2 minus) and wait to move prices in one direction to make a grid of orders. The expert can use a maximum of 5 currencies to make 10 pairs and make 30 couples. It is important the order of currencies is from the strongest to the weakest. Strongest... EUR/GBP/AUD/NZD/USD/CAD/CHF/JPY ...weakest. Canto inputs minimum o

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It is a system with many options to help each user find their own settings. There are possibilities to use a filter based on two averages, as well as the choice of whether the system will work at certain hours of the market. The default settings are tested for the eurusd pair. I would recommend that each user do their own testing and find settings that suit their preferences. This is not a ready-made system that you will use without working on it. But it is a good tool to build each user a strat

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It's a triangular arbitrage system (three pairs correlation system) to use 3 currencies to make 3 pairs to open hedge orders on those. The expert starts opening six orders for each ring (3 plus and 3 minus) and waits to move prices in one direction to make a grid of orders. The expert can use a maximum of 8 currencies to make 28 pairs and make 56 rings. It is important the order of currencies is from the strongest to the weakest. Strongest... EUR/GBP/AUD/NZD/USD/CAD/CHF/JPY ...weakest.

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This indicator uses Bollinger Bands lines to detect markets trend. It's a very useful tool for manual trading. Furthermore it is possible to use the indicator with ATR as a filter , as well as the option to pop up an alert when a reverse trend occurs. The readings are very simple to use and understand. Indicator works best on H1 timeframe. You can to get source code from here . Parameters BarsCount - How many bars used to show the line. BBperiod - Period of Bollinger Bands. BBdeviations - De

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This expert is a pure volatility scalper working with two pending orders (buy stop and sell stop). Expert not use any indicator, only use prices action and volatility of price to generate signals. There are three conditions for it to work: Tight spread Fast execution Stop level = 0 Please during the tests of this EA do not simultaneously use another EA in the same terminal because it affects the modification speed. Try expert on demo account first before use it on real one.

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It's a multi-currency grid and martingale system that can trade all input pairs from one chart. The expert will close all orders for each pair using a profit level. The expert has the possibility to trade up to 100 pairs. Information Chose a broker with fast execution and low spreads for effective results. Please make some tests on a demo account to see how the expert works before using it on a real account. For 0.01 lot size and leverage 1:500, you need an initial balance of at least 10,000

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NewsReleaseEA is an expert to trade about economic news uses pending orders. Expert receives data for events from ' http://forexfactory.com '." The expert can trade up 28 (31 with yuan) pairs from one chart. Expert has the option for manual strategy (user strategy) or uses one of five included strategies. Expert has analyzer for any trade to show information for any currency and any pair to help trader to make better strategy. Include Strategies Custom_Stategy - There are too many options

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This Expert Advisor is a pure scalping system. The expert place and manage pending orders. Runs perfect on pairs with tight spread and low commission broker (commission plus spread equal or less than 1.0 pip). Choose a broker with zero stop level and fast execution to use expert. Pairs and Time Frame Pair: eurusd Time frame: M1 Default settings are good for eurusd. Information Please test expert on demo account first, before uses it on real account. Have on your mind, all scalpers are sensi

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Account Info EA It is a tool that presents on the graph all the positions of the account, and specific information concerning the positions, but also the account. It enables the user to have an image of his account at a glance. Use like any expert advisor. You can't attach it in the same chart with other expert advisor. It does not have the ability to open or manage positions. You can attach it on any chart and any timeframe.

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iMACD in iMA is indicator to change color in iMA if iMACD is upper of zero (up trend) or lower of zero (down trend). It is a useful tool to track when the upside and the downside iMACD on iMA. You can to get source code from here . Parameters MA_Periods — Period for iMA. MA_Method — Method for iMA. MACD_FastEMA — Fast EMA for MACD. MACD_SlowEMA — Slow EMA for MACD. MACD_SignalSMA — SMA signal for MACD. MACD_ApliedPrice — Price used for MACD. BarsCount — How many bars will show the line. Reve

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It's an expert to use prices action and trade level to open each order. Expert can to trade up 12 pairs, uses the corresponding default setting for each pair. Default settings are good for EURUSD pair and IC Markets broker. Time Frame: H1 Parameters PresetsParameters = Uses prosets parameters (12 pairs). Broker GMT Offset = Set broker different time from GMT time. Time Frame Use = Time frame of chart to run expert. Type Of Signals = Mode of signals. Time Set Levels = Time set levels to tr

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iRSI in iMA is indicator to change color in iMA if iRSI crosses level up (up trend) or crosses level down (down trend). It is a useful tool to track when the upside and the downside iRSI on iMA. You can to get source code from here. Parameters MA_Periods — Period for iMA. MA_Method — Method for iMA. RSI_Periods — Period for iRSI. RSI_ApliedPrice — Price used for iRSI. RSI_LevelsUp — Level iRSI for up trend. RSI_LevelsDN — Level iRSI for down trend. BarsCount — How many bars will show the li

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This Utility is a tool to manage level of profits or losses for each order without using stop loss or take profit. The Utility applies virtual levels to close orders in profit or loss. You can use the robot to manage manually opened orders or manage orders opened by another EA. You can to get the source code from here . Parameters OrdersManage - orders to manage (all orders of all symbols or orders on the current chart). Stop Loss Pips - virtual stop loss level. Take Profit Pips - virtual ta

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It's an expert to open and close orders on specific day and time. Expert open and close orders only with the same symbol it attached. Can set time open and close orders based day of year or day of week. Expert can send market orders and pending (stop or limit). Each order can placed with take profit and stop loss. There is option to use trailing stop loss and break even. Expert can manage only own orders or all orders of account. Information about the expert's parameters can find on the blog .

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This indicator uses Moving Average to detect markets trend. It's a very useful tool for manual trading. If line is Midnight Blue, indicator detect up trend. If line is Dark Violet, indicator detect down trend. The readings are very simple to use and understand. Indicator works best on H1 timeframe. You can use this indicator with FollowLine to have more accurate signals. You can to get source code from here . Parameters BarsCount —How many bars used to show the line. MAperiods —Period of Mov

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iSTOCH in iMA is an indicator which applies the stochastic changes to the iMA. Changes are reflected by altering the moving average colors. It is a useful tool to see easily the upsides or downsides of the stochastic. You can to get source code from here . Parameters MA_Periods - iMA period. MA_Method - iMA method. K_Period - K line period. D_Period - D line period. Slowind - slowing. STOCH_MA_METHOD - averaging method for MA. PriceField - price (Low/High or Close/Close). STOCH_LevelUp - upt

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This Expert Advisor is a pure hedging system. The expert place and manage two market opposite orders. Runs perfect on pairs with tight spread and low commission broker (commission plus spread equal or less than 0.5 pip). Pairs and Time Frame Pair: eurusd Time frame: M1 Default settings are good for eurusd. Information Please test expert on demo account first, before uses it on real account. Have on your mind, this expert is sensitive and depend on broker's slipping. Expert parameters U

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iCC in iMA is indicator to change color in iMA if iCCI crosses level up (up trend) or crosses level down (down trend). It is a useful tool to track when the upside and the downside iCCI on iMA. You can to get source code from here . Parameters MA_Periods —Period for iMA. MA_Method — Method for iMA. CCI_Periods —Period for iCCI. CCI_ApliedPrice — Price used for iCCI. CCI_LevelsUp — Level iCCI for up trend. CCI_LevelsDN — Level iCCI for down trend. BarsCount — How many bars will show the line.

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TraderTool is a tool/panel that will help any trader to perform trades quickly and easily. The product has been developed with user friendliness and ease of use in mind. It has the ability to manage multiple types of orders, either placed by an Expert Advisor, or manually. It also allows you to place orders in a single click. You can add stop loss and take profit, initiate a trailing stop or start break even operation, and all these with the simple panel. With the advanced panel (you can call it

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'BrokerInfo' is an indicator to show some information of account on the chart. You can to see on chart information about: GMT time. Broker time. Maximum simultaneously open orders. Leverage. Maximum lot size. Minimum lot size. Lot step. Stop level in pips. Symbol spread in pips. You can to get source code from here . Parameters SizeBackground – background size. PositionUpDn – position to show info on the chart.

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This indicator is a tool to show history orders on chart. Indicator show open time and price, close time and price and profit in pips on chart. It can to help the trader to see all history orders which are opened either manually or by an automated system. You can to use indicator on any symbol and any time frame. You can to get the source code from here . Parameters Delete Objects If Terminated Indicator - Delete objects of chart if terminate indicator. Size Fonts Of Info On Chart - Size

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What is it PricerEA is a utility to help any trader to place pending orders (stop or limit) at a specific price. It is designed for easy use. There is a parameter to set the prices you want to place orders. The expert can calculate automatically the lot size for each order. In addition, there is the possibility run trailing stop (work only for market orders) if triggered a pending order. How use it Use BuyStop to open buy order over than current price. Use BuyLimit to open buy order under th

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This Expert Advisor is a tool to be used for closing all open positions by ticket in profit. Does not open positions, can only close positions. You can select the type of profits (pips or currency) and type of tickets (buy or sell) to manage it, and specific ID (magic number). You can to get source code from here . Parameters ManageBuySellOrders - Way to manage opened orders, as different basket buy from sell, or same basket buy and sell. CloseBuyOrders - Close all buy positions if target ac

FREE

Filter:

1319

Omar Alsaleem 2024.07.30 08:35 #

Excellent EA

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Reply from developer Nikolaos Pantzos 2024.07.30 10:14 #

Thanks mate.

1109

Bi Zhou 2024.04.29 04:54 #

User didn't leave any comment to the rating

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Reply from developer Nikolaos Pantzos 2024.04.29 06:26 #

Thank you for your positive review.

540

MICHEL EDOUARD M ROELANS 2023.06.01 15:56 #

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Reply from developer Nikolaos Pantzos 2023.06.01 15:58 #

Thank you for your kind words!

1327

Sivaramakrishnan Thavasi 2023.05.04 05:21 #

author is genuine minded

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Reply from developer Nikolaos Pantzos 2023.05.04 05:56 #

Thank you for your kind words!

Brandon Thames 2023.02.08 03:32 #

Perfect <

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Reply from developer Nikolaos Pantzos 2023.02.08 07:36 #

Thank you!

294

Keokone 2022.11.29 17:52 #

Very good tool for manual trading. Thanks.

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Reply from developer Nikolaos Pantzos 2023.06.01 15:59 #

My pleasure!

tamebuchi888 2022.07.21 21:08 #

You are wonderful、You are a genius、You are the savior。You are god Thank you from Japan

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Reply from developer Nikolaos Pantzos 2022.07.21 21:13 #

I'm glad you find it useful and like it.

can 2022.02.03 07:49 #

Dear Nikolaos , your ea is wonderful. is it possible to add "filter by comment" option as well? it would be great. thanks in advance.

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Reply from developer Nikolaos Pantzos 2022.02.03 11:28 #

Please try the last version. I made it.

980

Olga Snizhko 2021.11.14 13:50 #

Good

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Reply from developer Nikolaos Pantzos 2023.06.01 15:59 #

Thank you!

2340

Mehdi Faraz Fard 2021.07.11 13:34 #

User didn't leave any comment to the rating

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Reply from developer Nikolaos Pantzos 2023.06.01 15:59 #

Thank you!

1807

aworex 2021.04.13 14:23 #

Been using this EA for a couple of days and is a good utility to have with all open trades

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Reply from developer Nikolaos Pantzos 2023.06.01 16:00 #

Thank you!

427

Muhammad Arshad Durrani 2021.02.01 03:55 #

I have been using this free EA for a week. It works without any problem and does what it suppose to do. I just wish if it could have other trailing option like MA or ATR based SL trailing. Thanks

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Reply from developer Nikolaos Pantzos 2023.06.01 16:01 #

Thank you!

256

swtrdr 2020.11.14 18:07 #

Thank you for the contribution!

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Reply from developer Nikolaos Pantzos 2023.06.01 16:00 #

My pleasure!

1135

mohdidrus 2020.10.17 07:07 #

Great app. Easy to input parameters and good display layouts. Thank you so much.

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Reply from developer Nikolaos Pantzos 2023.06.01 16:00 #

My pleasure!

430

Mosimanegape Samuel Motseolapile 2020.05.28 15:43 #

A very user friendly EA, easy to setup. I run my account on a VPS, so when I take trades, I don't have to input stoploss or take profit, this excellent EA does all that for me, all I do is open a sell or a buy trade and the EA applies the stoploss and take profit.

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Reply from developer Nikolaos Pantzos 2023.06.01 16:00 #

My pleasure!

918

Eldy Yakin Sinit 2020.05.08 13:35 #

This good, free EA. Suitable for single Entry.

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Reply from developer Nikolaos Pantzos 2023.06.01 16:01 #

Thank you!

388

Nicolas Angelo Willeit 2019.01.30 10:54 #

User didn't leave any comment to the rating

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Reply from developer Nikolaos Pantzos 2023.06.01 16:01 #

Thank you!

2434

Dr Waleed Mahdy 2019.01.18 11:04 #

thanks for your share

very useful

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Reply from developer Nikolaos Pantzos 2023.06.01 16:01 #

Thank you!

1345

AirOne1 2018.10.12 14:00 #

User didn't leave any comment to the rating

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Reply from developer Nikolaos Pantzos 2023.06.01 16:01 #

Thank you!

572

Walter Massimo Fontanini 2018.08.21 10:56 #

Simple, practical, well done.

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Reply from developer Nikolaos Pantzos 2023.06.01 16:01 #

Thank you!

1 2

Version 2.30 2024.03.20

Update code: Users can use TSL and BE together.

Version 2.21 2022.02.23

Fixed a bug!

Version 2.20 2022.02.03

Added an option to manage orders by comments.

Version 2.16 2018.09.30

Improve code to run faster and smoother.

Version 2.15 2017.10.25

Added a new option in MagicNumber.
-2 = modify only Chart symbol orders.

Version 2.14 2017.08.18

Add trailing stop loss step.
Add option to change background's color.
Fixed a bug.

Version 2.12 2017.03.01

Fixed bug of Break Even function.

Version 2.1 2016.01.26

Improved version.
Manage all open orders, not only those that are same symbol with chart the expert is attached to.

Version 2.0 2015.12.09

New way to manage orders:
1. Order_By_Order = manage each order separately.
2. Same_Type_As_One = same orders (all buy or all sell) like one. Using the average prices to place stop loss or take profit.

Version 1.1 2015.10.12

Corrected name of externals parameters.