Trading utilities for MetaTrader 5
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MetaTrader 5
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Overview
This EA automatically manages trailing stop-losses for all positions on the attached symbol using a visual control panel you interact with on the chart.
Attaching the EA
-
Load the EA onto the chart of the symbol you want it to manage (e.g., XAUUSD , EURUSD ).
-
It only affects positions on that chart's symbol.
Using the Panel Controls
When you attach the EA, a panel appears in the top-left corner:
| UI Element | Functionality |
|---|---|
| Trailing: ON/OFF | Click to enable or disable trailing logic |
| Trailing Stop (pips) | Set how far behind the current price SL will trail |
| Start After (pips) | Set how much profit in pips before trailing activates |
Example:
- If Trailing Stop = 15 pips and Start After = 25 pips, the EA will wait until your trade is at least 25 pips in profit, and then start trailing the SL 15 pips behind the price.
NB: Most brokers recognize points rather than pips. Here's the difference:
1 pip = 10 points (on most 5-digit brokers).
Points are the smallest unit of price movement (e.g., 1 point = 0.00001 for EURUSD on a 5-digit broker or 1000 points = 10 pips for US30 etc ).
So if the EA won’t trail, use the point value instead.
P.S. Please see the US WALLSTREET 30 screenshot below.
