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Trailing stop for advisors Pro

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This utility is an improved version of Trailing stop for advisors. It can manage the orders of other Expert Advisors or the user. It has the ability to move the stop after the price (the trailing stop function), set a stop loss and take profit, if they were not set earlier. In the Pro version, the ability to set a trailing stop on fractals and on parabolic points has been added.

To configure this utility for an Expert Advisor that does not have a trailing stop function, you need to install it in a new window with the same currency pair, specifying the same Magic value (as in the Expert Advisor for whose orders the stop loss will move). You can set any timeframe – it should not affect the work. To manage the user’s orders, set the Magic value to zero.

  • Magic-the identifier of the Expert Advisor (whose orders need to be managed);
  • StopLoss-stop loss (in points, not set at 0);
  • TakeProfit-take profit (in points, not set at 0);
  • TrailingStopValue – the value of the trailing stop in points (the distance from the current price of the currency pair), at 0, the trailing stop is not used;
  • TrailingAfterBreakeven-set a trailing stop only after it can be in breakeven;
  • TrailingStopOnParabolic – set a trailing stop on the points of the parabolic;
  • ParabolicStep-the step of the Parabolic SAR indicator;
  • ParabolicMaximum – the maximum step of the Parabolic SAR indicator;
  • TrailingStopOnLastFractal – set a trailing stop on the last fractal.
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