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Price Action Trailing Stop

1

A key element of trend trading is using a trailing stop loss in place of exiting trades with a pre-determined target. This allows for a trade to continue working in the direction of the trend. In good trends this is a very efficient way of profiting from the markets. The Expert Advisor is meant for securing/locking profit as the price moves in favor of a trade. The Expert Advisor can be placed on any chart and be used simultaneously with any other Expert Advisor. You can initialize your stop loss and let the Expert Advisor trails the stop-loss based on your desired Price Action method.

The Expert Advisor uses price action setup and swing points to identify the most recent support/resistance level and place stop loss on the logical level, instead of simply picking a number which may or may not coincide with how the currency pair is actually moving.


The EA performs the following tasks after you've taken a trade:

  1. Initial stop loss placement once a position is open (optional).
  2. Moves the stop-loss to break-even after profit hit the break-even threshold (optional).
  3. Trails the stop-loss using your desired Price Action method (Hammer, Shooting Star, Engulfing, Piercing Line, Dark Cloud Cover, Three White Soldiers, Three Black Crows and Fractal Swing Points).
  4. Start to trails only if profit more than certain percentage of your target (optional).


Settings

  • Initial Stop Loss (pips): Pips to lose per trade. The EA would only initialize stop loss placement for non-stop loss position. Set zero (0) if you don't want the EA to initialize stop loss for you.
  • Pips threshold to trigger break even (0=Off): The distance in pips in the profitable direction from an order open price, after which the break-even function is enabled. Set zero (0) if you don’t want to use the break-even function.
  • Pips for break-even: The distance in pips in the profitable direction from an order open price, where break-even is placed.
  • Minimum percentage of target profit to lock (0~100): Start to trail only if profit more than N% of your target. This function is disabled for positions without target price.
  • Hammer/Shooting Star: Enable/Disable Hammer & Shooting Star
  • Bullish/Bearish Engulfing: Enable/Disable Bullish/Bearish Engulfing
  • Bullish/Bearish Marubozu: Enable/Disable Bullish/Bearish Marubozu
  • Piercing Line/Dark Cloud Cover: Enable/Disable Piercing Line and Dark Cloud Cover
  • Three White Soldiers/Black Crows: Enable/Disable Three White Soldiers/Black Crows
  • Bullish/Bearish Kicking: Enable/Disable Bullish/Bearish Kicking
  • Fractal Swing Point: Enable/Disable Fractal Swing Point
  • How many bars on either side of fractal: Set total bars on either side to form a qualified fractal.
  • Trailing Shift: Set how many bars to delay before stop loss start move to next level after your desired Price Action method detected.
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4.83 (6)
The King Advisor   es un algoritmo de  redes neuronales   muy avanzado. Su estrategia se basa en la identificación de niveles de soporte, resistencia y líneas de tendencia mediante un   sofisticado   sistema de   autoaprendizaje   y un sistema de   comercio  ideado con años de experiencia y trabajo. Desarrollado por un equipo de traders experimentados. TENGA EN CUENTA QUE HABRÁ UN LÍMITE DE 200 EJEMPLARES --> Total de ejemplares vendidos actualizado: 80 Últimas unidades al precio actual (499 $)
News EA MT4
Marzena Maria Szmit
5 (4)
In the volatile world of Forex trading , high-impact news events can lead to significant market movements and opportunities. News EA MT4 is a perfect Forex robot specifically designed to capitalize on these moments of market turbulence. Equipped with cutting-edge algorithms and real-time news integration, News EA MT4 offers traders the edge needed to navigate during major economic announcements. Directly linked to major financial news sources, ensuring immediate response to high-impact events. H
ONLY 3 COPIES OUT OF 10 LEFT AT $199! After that, the price will be raised to $299. The strategy was Back-tested Stable from 2008 to 2022 using every tick based on real ticks in MT4 using Dukascopy Real Ticks 100% tick quality. Live trading is going well on many different brokers IMPORTANT! Contact me immediately after the purchase to get instructions and Manual Guide to set up EA. Forex EA Trading Channel:  Update the latest news from me Some Features: - Trend trading, only follow trend to
Diamond PRO
Fanur Galamov
4.84 (19)
Diamond PRO is enhanced powerful version of Diamond for advanced traders. Pro version includes optimized cores, new impoved entry points filters, new multistage profit closure algorithm and сontains number of external control parameter that allows build and fine tune own tradind decisions and algorithms. The system provides more accurate market entries, analyzes and filters upcoming economic news, contains spread protection and an advanced position management algorithm. Main goal of Diamond PRO
Solo quedan 2 copiadoras a este precio, el siguiente precio es $ 1533 Consulta los resultados en vivo aquí: Señal personal de $50K:   [Haz clic aquí] Señal en vivo de la firma Prop:   [Haz clic aquí] Versión de MT5 aquí:   [Haz clic aquí] Bienvenido a   Quantum Algo Trading MT4 EA . Este EA está diseñado para ser más que un simple sistema mecánico; será tu compañero en tu viaje de trading a lo largo de tu vida. El EA utiliza un sistema de ruptura con un algoritmo optimizado por alguien co
Smart Funded Hft
Barbaros Bulent Kortarla
5 (65)
Smart Funded EA es un asesor experto diseñado para pasar los desafíos HFT de firmas prop que permiten su uso. ¿Qué firmas prop HFT puedo usar? Ha sido probado en casi todos los desafíos HFT de firmas prop con un 100 % de tasa de éxito, como Kortana Fx, Nova Funding, Fast Forex Funds, Infinity Forex Funds, Quantec Trading Capital, Next Step Funded, Msolutionff, Genesis Forex Funds, The Talented Traders, Only Funds, Tradicave y todos los demás desafíos MT4 permitidos por HFT. ¿Qué firma prop HFT
Filtro:
Nicolas Dobrovsky
779
Nicolas Dobrovsky 2021.04.05 11:25 
 

EA doesn't work. If the owner repairs EA. I will change the rating

MYLABSHOP PLT
373
Respuesta del desarrollador Leong Toong Chit 2021.04.15 09:07
Hi Nicolas, after you open a position, the EA would only detect and trail on coming fractal or any selected price action setup, it would not trail on previous price action setup or fractal.
Respuesta al comentario
Versión 2.1 2017.11.23
1. Included Auto Trade function for demo purpose.
2. Option to logging price action setup detected on journal.


Versión 1.1 2015.08.17
Added automated opening of a trade in the testing mode