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The work of the utility is aimed at opening new market orders, their maintenance, bringing unprofitable orders to profit using an internal algorithm for processing losses, filtering the trend and different types of trailing stop and take profit. Suitable for all instruments and timeframes. The algorithm works separately for purchases and sales, which allows you to work in both directions at the same time. If the additional orders opened by the utility do not lead to profit, StopOut is provided (closing all transactions at a loss). It can be used as an addition to trading strategies, or as a full-fledged separate trading system.

You can test the utility in the strategy tester of your terminal in the “Visualization” mode.

  • Deposit load-Displays the deposit load as a percentage;
  • StopLevel – Stop Level of the selected instrument in points;
  • Drawdown/Grown-Drawdown/Trade balance growth as a percentage;
  • Spread Value – Spread in points;
  • In Deals – The volume of open trades in lots.

MT5 –> 

MT5 –> 

  • Close Buy-Closes all open and pending buy positions on the selected instrument when the Magic Number of the order matches and displays the profit/loss in the deposit currency for open buy orders;
  • Close Sell-Closes all open and pending sell positions on the selected instrument when the Magic Number of the order matches and displays the profit/loss in the deposit currency for open sell orders;
  • Close All-Closes all open and pending positions on the selected instrument when the Magic Number of the order matches and displays the profit/loss in the deposit currency for open orders;
  • Open Buy-Sends a Buy order and displays the volume in lots for the next buy order in the queue;
  • Open Sell-Sends a Sell order and displays the volume in lots for the next sell order in the queue.

[spoiler title=”Read More…”]

Troubleshooting, contacting the author –>>  

Troubleshooting, contacting the author –>>  

  • Lots – The volume of the first trade in a group of orders in lots;
  • Magic – Magic number;
  • Slippage – Allowed slippage in points;
  • MaximumLotsValue – The maximum allowed volume of a single order in lots;
  • MaximumSpread – The maximum allowed spread for opening an order;
  • MaximumOrdersInWork – Maximum allowed number of orders;
  • Order_Comment-Order Comment;
  • Long_Trades – Allow purchases;
  • Short_Trades – Allow sales;
  • Auto_SL_TP-Allow automatic installation of TP and SL for utility orders;
  • Overlap_LH-allow the Expert Advisor to use additional trailing in money for the highest and lowest orders of the group (separately for Buy and Sell);
  • Trend_Filter_Grids-Filter selection for order grids;
  • Multiplier_Type-Select the type of multiplication of grid orders;
  • Step – Step for the order grid in points;
  • Multiplier-Lot multiplier in Multiplier_lots mode;
  • Add_Lots-Increasing the lot in the Add_to_lots mode;
  • TakeProfit_Type – Type of take profit or trailing;
  • TakeProfit_money – The amount of take profit in money;
  • TakeProfit_points – Take profit amount in points;
  • TrailingStep_money – Virtual trailing step in the deposit currency;
  • TrailingStart_money-Start of virtual trailing in the deposit currency;
  • TrailingStep_points – Trailing step in points;
  • TrailingStart_points – Start of trailing in points;
  • StopLoss_Type – Select the type of stop loss;
  • StopLoss_money – The amount of stop loss in money;
  • StopLoss_Points – Stop loss volume in points;
  • StopOutValue – The amount of losses in the deposit currency at which all market orders are closed

Other developments of the author -> > 

Other developments of the author -> > 

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