Exp Assistant - An expert assistant for the MetaTrader 5 and MetaTrader 4 terminals is what you were looking for.
Our assistant is able, as your personal assistant, to help you organize the support of your positions.
If you have an open position, but in your expert there is no possibility to establish stoploss, takeprofit, trailing stop, breakeven, and also if you are trading with hands, you can use our assistant. It will automatically put a Stop Loss TakeProfit on your trades. Turn on trailing stop or put stop-loss in breakeven when it's necessary.
7 main functions of our assistant -
- Installation of stops;
- Enable trailing stop;
- Incorporation of a break-even.
- Trailingstop on Parabolic
- Virtual Stoplosses and Take Profits
- Virtual trailing stop and breakeven
- Displays the end time of the current bar
- ProfitTrailing - use a trailing stop only when the position is a plus.
- StartTralPoint - The starting position in the trailing stop, with which to begin to tighten the stop-loss in points.
- SAR_TF - Timeframe for Trailing on the Parabolic indicator.
- step - Parabolic settings.
- maximum - Parabolic settings.
- TypeofPositions - Item type for monitoring: All positions, only BUY, only SELL.
- MagicOrders - Magic number of positions for monitoring. You can specify several magic numbers separated by commas. For example: 12345,777,20171025.
- SecondsToRefresh - Number of seconds to update the data in the panel.
The main blocks of our EAPADPRO panel you can read in our blog: EAPADPRO
You can adjust the level of stop loss and take profit, the level and pitch of the trailing stop, the level and distance of the break-even. And also a distance for trailing on Parabolic.
To activate the unit for work, you just need to click on the corresponding button.
When you change the settings in the panel, the new parameters take effect, and the Expert Advisor modifies the positions by the new parameters.
Stoploss / TakeProfit
StopLoss (0 ...) in points
This parameter represents StopLoss of each position, This is the number of minus points at which the transaction will be closed by the server
0 - the parameter is disabled, and StopLoss of the transaction will be 0.
TakeProfit (0 ...) in points
This parameter represents the Take Profit of each position, This is the number of plus points at which the transaction will be closed by the server
0 - the parameter is disabled, and the Take-Profit transaction will be 0.
This parameter must be set at least - the minimum allowed stop on your server.
If the parameter is less than the minimum allowed on the server, the expert will report an error of 130
SetTrallingStop (true-false) ProfitTrailing (true-false) TrailingStop (in points) TrailingStep (in points) These options include \ disable automatic position tracking by modifying stop-loss to + zone. SetTrallingStop- Toggles Trillingstop function
ProfitTrailing - at true the Expert Advisor starts modifying only from the moment of the position's exit into the breakeven. at false - the trawling stop starts to work immediately after positioning and pulls it after the price
StartTralPoint - The starting point of the trailing stop in points. For example, set to 10 - when the position goes to plus 10 points - the trailing stop algorithm starts working
TrailingStop - the distance in points from the current price to the estimated stoploss. This parameter can not be less than the minimum allowed on your server. TrailingStep - step of modification of stoploss
For example: StopLoss will be modified every TrailingStep points at a distance TrailingStop points from the current price
Installing stoploss in breakeven
BreakEven (true-false) BULevel (in points) BUsize (in points) These parameters control the ability to include a modification of the trade in a breakeven, at the earliest opportunity.
For example: Do you want to set a stop loss to a break-even when the trade collects +10 points of profit: BreakEven = true; BUsize = 0; BULevel = 10;
You want to set a stop loss of +5 points, when the trade will gain +20 points of profit: BreakEven = true; BUsize = 5; BULevel = 20;
The difference between LevelProfit - LevelWLoss should always be greater than or equal to the minimum stop on the server
TralingStop by PARABOLIC SAR
TrailingStopSAR (true - false) step and maximum (SAR Parabolic Parameters)
These parameters include the possibility of modifying Stop-loss by the Parabolic
In this case, the stop-loss will be modified at each new value of the Parabolic SAR.
Accordingly, BUY is modified when the Parabolic is below the price, Sell is modified when the PARABOLIC is above the price.