Trailing Stop Universal

Trailing Stop Universal provides the maximally flexible and convenient operation of trailing stop. The product includes a general list of settings, which allow configuring trailing based on various indicators, including ZigZag, Average True Range, Moving Average, Ichimoku, Parabolic SAR, Bollinger Bands, Envelopes, Fractals, Alligator. Each indicator is configured separately.

The tool also allows trailing positions based on reference prices of a selected candlestick: High, Low, Open, Close.

Classical trailing stop with a fixed distance is also possible. Trailing can start immediately or after a position makes the specified number of profit points. You can set the trailing step allowing to move the position to breakeven.

Due to the large number of parameters, the utility provides very flexible work with trailing while maximizing the profit on long trends, and protecting it from price reversal.

You can enable trailing using any indicator separately or several indicators at once, in this case trailing will be performed based on the indicator, which is closest to the market price.

The tool can move the stop loss on all instruments or on the selected one. The Magic parameter enables operation together with other Expert Advisors, allowing the utility to manage their stop levels.

A complete list of parameters is available in the blog.

Full version for metaTrader 4: https://www.mql5.com/en/market/product/20705

Demo-version for metaTrader 4: https://www.mql5.com/en/market/product/33788

Full version for metaTrader 5: https://www.mql5.com/en/market/product/33126

Demo-version for metaTrader 5: https://www.mql5.com/en/market/product/33787

nclick="viewGallery_GalleryManager.GoToPrev();"> nclick="viewGallery_GalleryManager.GoToPrev();">

nload="if(window.viewGallery_GalleryManager) viewGallery_GalleryManager.ImageonLoad(this,7);" />

nload="if(window.viewGallery_GalleryManager) viewGallery_GalleryManager.ImageonLoad(this,8);" />

nload="if(window.viewGallery_GalleryManager) viewGallery_GalleryManager.ImageonLoad(this,9);" />

nload="if(window.viewGallery_GalleryManager) viewGallery_GalleryManager.ImageonLoad(this,10);" />

nload="if(window.viewGallery_GalleryManager) viewGallery_GalleryManager.ImageonLoad(this,11);" />

ta itemprop="image" content="https://c.mql5.com/31/366/trailing-stop-universal-screen-5209.png" />

nclick="viewGallery_GalleryManager.GoTonext();"> nclick="viewGallery_GalleryManager.GoTonext();">