DynTraillingStop v1.2 for MetaTrader 4

DynTraillingStop v1.2 for MetaTrader 4


Advantages:
- does not use OrderModify to set StopLoss. StopLoss is stored in the script memory. Thus does not load
broker's server, because some brokers have restrictions on the number of requests to the server.
- It can be used both for any trading instruments, and for a specific one, specified through the parameters
- for CFD contracts, you can use the indicator with #I (For example, if pair = GCQ0,
then TraillingStop will work on GCQ0 # I)
- Displays information on its work in the main chart window (Order number (traded instrument): StopLoss (guaranteed profit in points / current profit in points))

Disadvantages:
- Since all information on the script's operation is stored in the memory of the script itself, StopLoss is not saved in the broker's server memory.

Options:
TraillingStop = distance from the current price at which StopLoss is placed.

TraillingStart = TraillingStop (like TakeProfit) will start working after a specified number of pips. If equal to zero, the default is the StopLevel of the instrument being traded.

Pair = Trading instrument. If equal to "" then TraillingStop will work with all open orders of any trading instruments. You can specify the name of a trading instrument (for example EURUSD), then TraillingStop will work with the specified trading instrument and will not affect others.

CFD = If true, then the indicator with #I will be used for CFD contracts (For example, if pair = GCQ0, then TraillingStop will work at GCQ0 # I).