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Virtual Sl Tp and trailing Sl MT4

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This panel has a convenient functionality – Virtual Stop Loss and Take Profit levels. Trailing is presentStop Loss.

  • Fixed Stop Loss – fixed Stop Loss
  • Trailing Stop Loss – a classic” trailing ” Stop Loss.
  • Trailing to breakeven – Trailing Stop Loss to the breakeven price (before the trade opening price).
  • Trailing by jumps – Trailing by “jumps”. When the profit on the position in pips becomes equal to the value of TRSL_1, the Stop Loss level is set at the position opening price (breakeven). If the Stop Loss is in “breakeven” and the distance from the current price to the opening price becomes equal to TRSL_2, the Stop Loss order is set at a distance from the opening price in such a way as to fix the profit in pips equal to the value of TRSL_3. This version of Trailing ‘ a Stop Loss is very effectiveand has been tested on different strategies. The algorithm is clearly shown in the screenshot below.

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The MT4 version: https://www.mql5.com/ru/market/product/21020

Attention!

After changing the settings with the panel turned on, you must click the “RESET” button .”

After changing the settings with the panel turned on, you must click the “RESET” button .”

If enabled virtual Sl/TP and for some reason lost communication terminal and the broker (breaking the Internet; the broker is not responsible or something else), then closing trades when the levels will not perform

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