Trading utilities for MetaTrader 5

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MetaTrader 5

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Auto Stop Loss MT5

auto-stop-loss-mt5-logo-200x200-5242
59 $44 $

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Information

Utilities
MetaTrader 5
Nabil Oukhouma
1.5
10

Overview

Auto Stop Loss (MT5 Manager) automatically adds Stop Loss and Take Profit to buy and sell orders, including pending orders. It features a break-even option and a trailing stop for easy setup.

Key Features:
  • Automatic Stop Loss
  • Automatic Take Profit
  • Automatic Break-even (true/false option)
  • Automatic Trailing Stop (true/false option)
  • You can control Multi Symbols from one chart


Input-Settings:

------ Trade Management ------ 
- Take Profit: The value of Take Profit in pips.
- Stop Loss: The value of Stop loss in pips.

------ Break-even Settings ------ 
- Auto Break-even: If "true," the Stop Loss will automatically move to break-even.
- Pips in Profit: If the trade moves in your favor by this amount of pips, the stop will move to break even.
- Pips offset: The distance between the stop loss and entry points after reaching breakeven.

------ Trailing Stop Settings ------ 
- Auto Trailing Stop: If "true," the Stop Loss will automatically move (Trailing).
- Stop: The distance of the stop should be maintained while the trade is either profiting or losing.
- Step: The additional distance the price must travel before the stop is modified.

- Start: Menas that the trade must first reach a certain profit before the stop could be modified.


------ To control Multi Symbols from one chart -------

Symbols (Separate with comma)  EURUSD, GBPUSD, ...: If it's empty, the tool will control only the chart attached to it. To control Multi Symbols from one char, just add your symbols separated with a comma. example: EURUSD, GBPUSD, GBPJPY, .....

You can choose any symbol, but ensure that the values for Stop Loss, Take Profit, Breakeven, and trailing stop are appropriate for the symbol. For instance, a 10 Pip Stop Loss is:

EURUSD and other fx pairs: 10 

US30 and other Indices: 1000 (IC Markets)


------ Magic Number ------ 

- Magic Number: keep it 0 for manual trading. (If you want this manager to collaborate with an EA, simply replace 0 with your EA's magic number.



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