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Automated Stop Loss

Introducing the "Automated Stop Loss Placement" Script for MetaTrader 5

The "Automated Stop Loss Placement" script is a powerful tool designed to streamline your trading experience within the MetaTrader 5 platform. By automating the placement of stop loss orders, this script offers efficiency and convenience for traders of all levels.

Key Features:

  1. Seamless Automation: Stop loss orders are placed automatically, moments after trade execution, saving you time and effort while ensuring consistent risk management, allowing you to focus on analyzing market trends and executing profitable trades.

  2. Customizable Parameters: Tailor the script to your specific trading preferences with just two simple customizable parameters. Adjust stop loss levels effortlessly to align with your risk tolerance and trading strategy.

    Choose Stop Loss by:
    1. Percentage of Market Price
    2. Basis Points (bps) of Market Price
    3. Number of Ticks or Pips
    4. Absolute Value (AV)

  3. Manual Override: Retain full control over your trades with the ability to manually override or delete stop loss orders when necessary. This feature ensures flexibility and adaptability to changing market conditions or trade management preferences.

  4. Limit and Market Order Support: Automatic stop loss placement will occur immediately following the execution of limit orders as well as market orders.

  5. Works on both Hedging and Netting Accounts




How to use

Once you've installed the "Automatic Stop Loss Placement" script, follow these simple steps to optimize your trading strategy:

  1. Drag and Drop: Drag the EA onto your MetaTrader 5 chart. The script will then be ready for use.

  2. Inputs Configuration:

    • Navigate to the Inputs tab.
    • Choose your preferred stop calculation method from the dropdown menu (Percentage, Basis Points, Ticks/Pips or Absolute Value) and specify the stop distance based on your selected method:

      • Example 1: For a stop of 0.0045 on GBPUSD, select option 3 (Absolute Value) and enter 0.0045 into the Distance field.

      • Example 2: If you want a 1% price stop distance choose option 0 (Percentage) and input '1' into the Distance field.
        Alternatively, you could also use basis points (bps) for this (option 1), enter 100 into the Distance field since one basis point equals 0.01%.

  3. Indicative Stop Loss Lines:
    Indicative stop loss lines visually represent potential stop levels: a red line above for short trades and a blue line below for long trades. These markers enable quick risk assessment based on your parameters. Zooming out your chart might be necessary to view these lines if wide stop settings are configured.

  4. Manual Override:
    You can manually adjust or delete stop loss orders as needed, even after the EA places them, ensuring full control over your trades.
    Stops can be deleted after 5 seconds of automated placement. If deleted earlier, the Automated Stop EA will try to replace the stop.


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Odaine Ramon Mcmillan
4.58 (12)
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Samuel Bandi Roccatello
5 (2)
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Sergey Batudayev
5 (1)
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BLAKE STEVEN RODGER
4.5 (6)
This EA Utility allows you to manage (with advanced filtering) unlimited open orders (manual or EA) with 16 trailing stop methods: fixed, percent, ATR Exit, Chandelier Exit, Moving Average, Candle High Low Exit, Bollinger Bands, Parabolic, Envelope, Fractal, Ichimoku Kijun-Sen, Alligator, Exit After X Minutes or Bars, RSI and Stochastic. The trailing stop can be either real or virtual, and you can exit fully or with a partial close percent on touch or bar close.  Moreover, you can add (overri
RiskGuard Management
MONTORIO MICHELE
5 (16)
ATTENZIONE l'expert non funziona in strategy tester, per una versione di prova visita il mio profilo. Manuale per il Download del journal automatico visita il mio profilo RiskGuard Management   RiskGuard management nasce con l’idea di aiutare i trader dal proprio percorso iniziale fino ad essere dei trader esperti e consapevoli. Compatibile con qualsiasi sistema operativo che sia Mac o Windows. Il pannello per le operazioni è integrato nel grafico dando la possibilità di scegliere dimensioni e
Il MT5 to Discord Signal Provider è uno strumento facile da usare e completamente personalizzabile, progettato per inviare segnali di trading direttamente a Discord. Questo strumento trasforma il tuo account di trading in un efficiente fornitore di segnali. Personalizza i formati dei messaggi secondo il tuo stile! Per facilitarne l'uso, seleziona tra i modelli pre-progettati e scegli quali elementi del messaggio includere o escludere. [ Demo ] [ Manuale ] [ Versione MT4 ] [ Versione Telegram ]
-25% discount ($199 -> $149) Advanced trading tool: One click smart orders that execute under your conditions Developed by trader for trading community:  position size calculator (lot size), open position after price action, strategy builder, set and forget trading, mobile notifications... Risk Management -  Risk percentage position size calculator, gain percentage, target risk reward ratio, spread and commissions are included in calculations 7 Advanced order types  - Set and forget trading w
Designed for automated trading on the Nasdaq (US100, USTEC, NAS100, NDX100, etc.). It will not work on other assets! To correctly   test, it is necessary to configure the TesterTimeShift parameter.  TesterTimeShift   is the time difference in hours between the terminal time and the time in the visual mode of the strategy tester. This is based on research by BIASMACHINE And the related Telegram notification service . It uses statistical patterns identified in the research to find and plac
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5 (1)
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James Andrew Flannery
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Tick Flow Meter
James Andrew Flannery
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Advanced Seconds Period Candle Charts for MT5 : Elevate your trading precision with our enhanced Seconds Period Chart Indicator, now featuring both historical and live candles. Perfect for traders navigating volatile markets and engaging in intraday trading, this indicator provides the granularity you need for precise market analysis by plotting candles as low as the 1 second timeframe . Key Features: Enhanced Granularity : Move beyond MT5's predefined timeframes with customizable second inte
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