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OHLC Trailing Stop

The OHLC Trailing Stop utility trails stop loss based on control prices of the specified bar: Open, High, Low, Close.

In the utility settings, you can choose the bar number, which prices will be used for the trailing stop function. A control price for trailing can be specified separately for buy and sell trades.

The Magic parameter allows using the utility together with other Expert Advisors.


Input parameters

  • Magic - magic number: 0 - trailing of all trades, 1>= - trailing of trades with the specified Magic;
  • Stop Level - stop loss level;
  • Slippage - allowable slippage;
  • BARS CONTROL PRICE SETTINGS
  • Use Bars Control Price Trailing - enable trailing by control points;
  • Bars Timeframe - choose timeframe;
  • Bars Number - the number of the bar;
  • Bars Buy Trailing Control Price - control price for trailing buy trades;
  • Bars Sell Trailing Control Price - control price for trailing sell trades;
  • Bars Symbol - trading symbol: CurrentSymbol or AllSymbols.


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5 (3)
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Version 1.2 2020.03.07
Recompiled in the current version of MT4.
Version 1.1 2019.03.13
Added trading panel.