IQtrawler MT4

IQtrawler is an indispensable assistant for manual trading. Automatic group and single trailing of any number of orders. Display of the zero loss line (ZeroLine) if there are several orders. Display of final information on groups of orders (number, total rate, total profit), display of the total difference in Lots. Display of the main account information (currency, leverage, limits on order opening, stop and freeze levels, stop out). The name of the instrument and the number of digits in it.

Input parameters

• Solo trailing — trailing of each individual order (On / Off). The solo trailing starts working from one order.
• Solo trail distance — trailing distance of a single order.
• Solo Distance start trailing — where to start trailing of a single order.
• Group trailing — trailing of a group of orders (On / Off). The group trailing starts only if there are two or more orders in a group.
• Group trail distance — trailing distance of a group of orders.
• Group Distance start trailing — where to start trailing of a group of orders.
• Show zero line BUY — displaying on a chart a zero loss line for a group of Buy orders (On / Off). The line is displayed only if there are two or more orders in a group.
• Zero line BUY color — the color of a zero loss line for a group of Buy orders (On / Off) displayed on a chart.
• Show zero line SELL — displaying on a chart a zero loss line for a group of SELL orders (On / Off). The line is displayed only if there are two or more orders in a group.
• Zero line SELL color — the color of a zero loss line for a group of SELL orders (On / Off) displayed on a chart.

If Solo trailing = On, Solo trail distance = 50, Solo Distance start trailing = 80, stop loss for a single order will be trailed at a distance of 50 points, but this event will occur only when the price moves 80 points in the positive direction. Thus, the first shifting/setting of stop loss will lock in a profit of 30 points.

For a group of orders (two or more), the zero loss point (Zero line) is calculated, and stop loss will be trailed relatively to this point. Conventionally, we can assume that one order of the volume equal to the sum of all orders in the group is located at this point.