量化交易系统

MT4-Conditional Stop Loss 4

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This is a utility designed to automatically set the stop loss levels of orders according to the specified condition.

Two price levels serve as the condition for setting stop loss:

  1. Trigger level - when this level is reached, an order is placed.
  2. The stop loss value of an order.

It is possible to enable or disable traling stop loss.

Input parameters

  • Order type for execution - type of orders to be processed by the expert. It can either be BUY, SELL or auto-select.
  • Trigger Level Points - level to place an order when reached. Specified in points from the total breakeven level. If set to 0, it is set automatically.
  • Profit Level Points - the stop loss value of an order. Specified in points from the total breakeven
  • ON/OFF traling - Enable or disable trailing stop.