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The “Automatic stops” utility monitors the status of your account and automatically sets the stop loss, take profit and trailing stop levels according to the values you set. The program that works on the chart sets stop levels and offers automatic trailing for all new trades for this currency pair, so you don’t have to set these levels manually for each new order. Opportunities:

  • Ability to select trades by magic number. You can leave the value 0 for working only with positions opened manually, or specify a magic number for working with positions opened by another expert.
  • The utility also includes a trailing stop function. The trailing stop function can be turned on and off.
  • In the input parameter, it is fashionable to specify the stop loss and take profit values in points. If the stop loss or take profit value is 0, the utility will not work with this parameter.
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