Expert Advisor TrailingStop-Toolkit Conception
It can be used for trade by expert advisers and for manual trading as well.
e-BJF-TrailingStop-Toolkit expert advisor contains 6 different
TrailingStops (Standard, High/Low, ATR, Fractals, PSAR, ProfitPcnt),
work days settings and work time settings.
a) Standard Trailing: simple trailing, stoploss follows by the market
b) High/Low Trailing: trailing by bars High/Low
c) ATR Trailing: trailing by ATR indicator
d) Fractals Trailing: trailing by Upper/Lower Fractals
e) PSAR Trailing: trailing by Parabolic Stop And Reverse indicator
Buy orders trailed if PSAR below the bars and moving up
Sell orders trailed if PSAR above the bars and moving down
f)ProfitPcnt Trailing: trailing with lock of some pcnt of max. profit reached
If Buy opened at 1.3000, ProfitPcnt = 40.0 and the market reaches
1.3100 then the trailing moves StopLoss to 1.3040, on 1.3200 StopLoss
will be moved to 1.3080.
Every trailing has on/off option. You can activate any of them or all of them simultaneous.
You can use the expert on 4-digit and 5-digit accounts.
How to test the expert advisor e-BJF-TrailingStop-Toolkit by
StrategyTester and understand the behaviour of every trailing?
a) Run e-BJF-TrailingStop-Toolkit expert by StrategyTester
b) Set VisualMode = true
c) Add any graph. object on the chart manual, set name = "!buy". Buy order will be open.
d) Add any graph. object on the chart manual, set name = "!sell". Sell order will be open.
Example Standard Trailing
settings
extern bool StdTrail.On = true
extern int StdTrail.ProfitReq = 50; // Minimum profit to activate the trailing, pips
extern int StdTrail.Size = 80; // Keep StopLoss on 80 pips from the market.
// StopLoss updated only to profitable side.
extern int StdTrail.Step = 10; // Update StopLoss every 10 pips
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