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Virtual Trailing SL TP MT5

0.00

Virtual (hidden from the broker) setting of trailing stop, breakeven, stop loss and take profit.

It is necessary to allow automatic trading in the terminal settings.

In testing mode, the utility opens Buy or Sell positions on the first ticks, which allows you to visually observe the specified logic by changing the utility parameters. In real mode, the utility does not open positions.

  • magic – magic number. If less than 0, then positions with any magic number are followed;
  • only_this_symbol is only a graph symbol. If false, the positions of any instruments are followed;
  • Max_total_open_transactions – the maximum possible number of open positions at the same time (the lower the value of Max_total_open_transactions, the less the utility consumes computer memory);
  • Slippage – permissible slippage in points when closing positions (does not affect Market execution);
  • Max_Spread_Close_for_BUY – the maximum allowable spread when closing a Buy position in points;
  • Max_Spread_Close_for_SELL – the maximum allowable spread when closing a Sell position in points;
  • Close_for_Any_Spread – close positions at any spread;
  • Take_Profit – take profit. When 0 is not set;
  • Stop_Loss – stop loss. When 0 is not set;
  • Breakeven_Start – the required number of points from the position opening price to set a breakeven. When 0 is not set;
  • Breakeven_Plus – increase the breakeven by the number of points;
  • Trailing_Stop – the value of the trailing stop. When 0 is not set;
  • Trailing_Start – the required number of points from the position opening price to set a trailing stop;
  • Duration_minutes_after_open – the required number of minutes after opening a position to set a trailing stop;
  • draw marks – draw level marks on the chart (only for the chart to which the utility is attached);
  • open Buy for Tester – open a Buy position in the strategy tester;
  • open Sell for Tester – open a Sell position in the strategy tester.

[spoiler title=”Read More…”]

For convenience, standard items are always specified in the parameters (by the 4th sign). On five-digit brokers, points are recalculated automatically.

For convenience, standard items are always specified in the parameters (by the 4th sign). On five-digit brokers, points are recalculated automatically.

Real (standard) setting of trailing stop, breakeven, stop loss and take profit: 

[/spoiler]

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