Automated Forex Trailing Stop Loss Program
- Utilità
- Jairzino Rivelino Williams
- Versione: 1.0
- Attivazioni: 5
Metatrader5 Trailing Stop Loss Program
Platform Compatibility: This program is designed for the MetaTrader 5 platform.
Functionality: The program scans all open Forex currency pair trades on MetaTrader 5 and adjusts their STOP LOSSES to a PROFIT position based on your specified input parameters.
Parameters and Example:
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Example Trade:
- EURUSD Long (BUY) trade @ 1.0800
- STOP LOSS (-50 pips) @ 1.0750
- TAKE PROFIT (+50 pips) @ 1.0850
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Program Settings:
- WhenToTrail = 20 PIPS (Pips profit amount to activate Trailing SL)
- TrailingStopValue = 10 PIPS (Pips quantity the Stop Loss trails behind the current price)
Operational Example: If the price of EURUSD rises to 1.0820 (+20 PIPS open profit = WhenToTrail), the new STOP LOSS will be set at 1.0810 (10 PIPS below the current price = TrailingStopValue). The STOP LOSS is now in a PROFIT position of +10 PIPS, moved from the original STOP LOSS of -50 PIPS.
Trail Logic: For every PIP increase beyond 20 PIPS, the STOP LOSS moves by the same incremental amount while maintaining a 10 PIP TrailingStopValue. If the price falls below the 20 PIP increase, the STOP LOSS remains at the last profitable position.
Delivery: This program is available for download after purchase.
Compatibility: Supports 2-digit, 3-digit, 4-digit, and 5-digit brokers.
About the Developer: Developed by an experienced Forex programmer with over 10 years of experience in MetaTrader 4 algorithm creation. Currently holding a DarwinEx Score of 61.4, I have successfully passed proprietary trading challenges. Get support directly from the developer and request customizations if needed.
Why Buy from Me?
- Direct Support: As the developer, I am available to provide direct support and answer any questions you might have.
- Customization Requests: Need something specific? I offer customization services to tailor the algorithm to your trading strategy.
- Expertise You Can Trust: With over 10 years of experience in coding algorithms for MT4/MT5, I ensure that each product is thoroughly tested and reliable.
Feel free to contact me for any assistance or customization requests after purchase.
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