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The utility tracks your current Expert Advisors and manages your stop levels. You can configure which Expert Advisors and currencies to track. The utility is mainly intended for Expert Advisors that, in your opinion, do not cope well with the management of stop levels. Set the magic number to zero if you want the Expert Advisor to track manual trades as well.

  • Support for hidden stop loss and take profit levels
  • Support for dynamic stop loss based on ATR
  • Support the breakeven level for certain transactions
  • Trailing stop support
  • Reduced resource consumption, as many pairs and magic numbers are managed from a single timeframe

Note: The magic number and currency fields must have the same number of parameters. The parameters correspond to each other, for example, the first magic number is tracked in combination with the first currency pair. If you want to track multiple pairs, set multiple magic numbers.

For example so:

Magic numbers: 1,1,3

Pairs: EURUSD, EURCHF, GBPUSD

The utility will track EURUSD and EURCHF under the magic number 1, but will not track GBPUSD under this number. The GBPUSD pair will be tracked under the magic number 3.

  • Magic_seperator_description-separator of magic numbers ‘,’ (for example: 25111,25112).
  • The magic number of the EA’s magic number that is monitored by the utility. Separated by commas.
  • Currency_separator_description-separator of’, ‘ pairs (for example: EURUSD,USDCHF).
  • Currencypairs to be watched – currency pairs tracked by the utility. Separated by commas.
  • CheckInterval_description-check the interval of standard and dynamic stop levels. At 0, the check is performed on each tick.
  • checkInterval-check the standard and dynamic stop levels every x seconds. At 0, the check is performed on each tick.
  • headline_1 – input parameters for dynamic stop levels based on ADX.
    • UseDynamixADX_SL_TP – use dynamic mode.
    • SLMultiplier-increase the calculated stop loss values by a factor of x.
    • TPMultiplier-increase the calculated take profit values by a factor of x.
    • TPmininPoints – minimum take profit in points.
    • VolFilterPeriod – the number of bars checked by ATR.
  • headline_2-input parameters for stop levels, if UseDynamixADX_SL = false.
    • SL_point-a fixed stop loss is set only in case the terminal stops or the computer freezes. The parameter must be large.
    • Change_TP – whether the take profit should also be managed by the specified utility.
    • TP_point – take profit in points.
  • headline_3 – input parameters for the hidden stop loss.
    • Hidden_SL – input parameters for the hidden stop loss.
  • AllowedSpread_SL-close the trade only when the stop loss is reached with the spread below or equal to the parameter value.
  • UseBE – use breakeven.
  • SetBEinProfit-set breakeven if the trade is in profit by at least x points.
  • SetBEDifferenceFromOpenPrice-set the breakeven by x points above the opening price.
  • Tral_Stop – the number of profit points to activate the trailing stop.
  • TrailingStep – the trailing step for profitable positions.

[spoiler title=”Read More…”]

  • UseDynamixADX_SL_TP – use dynamic mode.
  • SLMultiplier-increase the calculated stop loss values by a factor of x.
  • TPMultiplier-increase the calculated take profit values by a factor of x.
  • TPmininPoints – minimum take profit in points.
  • VolFilterPeriod – the number of bars checked by ATR.
  • SL_point-a fixed stop loss is set only in case the terminal stops or the computer freezes. The parameter must be large.
  • Change_TP – whether the take profit should also be managed by the specified utility.
  • TP_point – take profit in points.
  • Hidden_SL – input parameters for the hidden stop loss.

[/spoiler]

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