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MQLTA Supertrend Trailing Stop

4.75

The Supertrend Trailing Stop will trail the Stop Loss price of your selected orders following the Supertrend Line, so you don't have to worry about having to change it manually.

MQLTA Supertrend Trailing Stop requires you to install the FREE Indicator Supertrend Line https://www.mql5.com/en/market/product/25951


How does it work?

The Expert Advisor sets and moves the Stop Loss price of the selected orders following the value of the Supertrend Line.

You can filter the Orders by

  • Symbol
  • Comment
  • Magic Number
  • Buy/Sell


Parameters

  • ATR Multiplier - the lower it is and the more sensitive is the line, meaning it will follow the price more closely
  • ATR Period - Period of the ATR used for the calculation
  • ATR Max Bars - Number of bars to draw the lines to
  • ATR Supertrend Timeframe Calculation - To select which timeframe to use for the Supertrend calculation
  • Apply to Current Symbol Only
  • Apply to - ALL/BUY/SELL orders
  • Filter By Magic Number - true or false
  • Magic Number - to specify the magic number to filter
  • Filter by Comment - true or false
  • Comment - to specify the comment filter
  • Enable Trailing Stop - To enable or disable it
  • Show graphical panel - to show the GUI or hide it
  • Indicator Name - Prefix to use to draw the objects
  • Horizontal Spacing - distance from left border
  • Vertical Spacing - distance from top border

If you like this tool please take a minute to leave a review.

If you have suggestions to improve it please send me a message and we can discuss it further.

Feel free to visit my profile and "Add to friends" https://www.mql5.com/en/users/mql4autotrading

Comentários 6
Fernando Alonso
973
Fernando Alonso 2022.03.26 20:26 
 

Good indicator, makes trading much easier. Thanks

Max
1328
Max 2021.05.19 22:23 
 

Brilliant tool and very well designed, excellent programming, was just what I was looking for, and in a wonderful package,

but one thing I would add is a close at bar close/bar touch option, for only closing at a new candle, it could only update/trail the stoploss at each bar close.

update: Also as I work with hidden/virtual SL and BE, I would like to see the functionality changed to work in a hidden/virtual stop manner once enabled, although it has made me rethink adding a hard stoploss, which might serve me better anyway. Please see my comments, and sorry to Luca for my bad words due to ignorance.

Frank Paetsch
7274
Frank Paetsch 2019.09.08 21:03 
 

just perfekt!

ich benutze den ST SL mit einem starken Indikator auf 28 Charts mit push Meldungen für den Einstieg. super.

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5 (5)
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5 (15)
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Seconds Chart — timeframes in seconds for MetaTrader 4. The utility allows you to create charts in the MetaTrader 4 terminal with a timeframe in seconds. The timeframe on such a chart is set in seconds, not in minutes or hours. Thus, you can create charts with a timeframe less than M1. For example, S15 is a timeframe with a period of 15 seconds. You can apply indicators, Expert Advisors and scripts to the resulting chart. You get a fully functional chart on which you can work just as well as on
Join the Out of the Box Telegram Group search for "Out of the Box" on Telegram or contact me This is not just a simple copier program that ONLY allows you to locally copy transactions between different MetaTrader 4 a accounts in any direction and quantity as quickly and easily as possible .Of course it does that. This copier DOES MUCH MUCH MORE!!! PLEASE READ BELOW AND SEE SCREENSHOTS. Many of us have martingale EAs or none martingale that are good but some point you wish to had opened
Summer 40% discount ($149 -> $88) Everything for chart Technical Analysis indicator mt4 in one tool Draw your supply demand zone with rectangle and support resistance with trendline and get alerts to mobile phone or email alert -  Risk reward indicator Video tutorials, manuals, DEMO download   here .  Find contacts on my   profile . 1.   Extended rectangles and trendlines Object will be extended to the right edge of the chart when price will draw new candles on chart. This is rectangle extend
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Juvenille Emperor Limited
5 (3)
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The Expert Advisor will help you forward all pop-up alert with screenshot from  MetaTrader 4 to Telegram channel/ group, also forward all notifications to Telegram. Parameters  -  Telegram Bot Token - create bot on Telegram and get token.  -  Telegram Chat ID  - input your Telegram user ID,  group / channel ID  -  Forward Alert - default true, to forward alert.  -  Send message as caption of Screenshot - default false, set true to send message below Screenshot  How to setup and guide  - Telegram
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Filtro:
Fernando Alonso
973
Fernando Alonso 2022.03.26 20:26 
 

Good indicator, makes trading much easier. Thanks

Mehdi Faraz Fard
2340
Mehdi Faraz Fard 2021.07.11 13:36 
 

O usuário não deixou nenhum comentário para sua avaliação

Max
1328
Max 2021.05.19 22:23 
 

Brilliant tool and very well designed, excellent programming, was just what I was looking for, and in a wonderful package,

but one thing I would add is a close at bar close/bar touch option, for only closing at a new candle, it could only update/trail the stoploss at each bar close.

update: Also as I work with hidden/virtual SL and BE, I would like to see the functionality changed to work in a hidden/virtual stop manner once enabled, although it has made me rethink adding a hard stoploss, which might serve me better anyway. Please see my comments, and sorry to Luca for my bad words due to ignorance.

MQL4 Trading Automation
58007
Resposta do desenvolvedor Luca Spinello 2021.11.17 16:49
Not sure why are you saying that it doesn't work, but regarding your suggestion, it seems rather strange as this EA doesn't close trades on its own, it only trails the stop-loss value.
27000166
24
27000166 2020.05.20 08:50 
 

O usuário não deixou nenhum comentário para sua avaliação

Frank Paetsch
7274
Frank Paetsch 2019.09.08 21:03 
 

just perfekt!

ich benutze den ST SL mit einem starken Indikator auf 28 Charts mit push Meldungen für den Einstieg. super.

Lippi1980
352
Lippi1980 2019.04.14 18:35 
 

To Your Supertrend Trail it would be nice if they could still program that it only starts when a definable area is exceeded so that you can put your ST further away and not as often befor it goes off is expelled.

And several TP would also be great.

Responder ao comentário
Versão 1.3 2021.02.16
Minor code cleanup and optimizations.