Universal 1.64 – expert for MetaTrader 5

  • A+

The author of the idea: Scriptor

The MQL5 code author: Vladimir Karputov.

Universal trailing of positions and pending orders. The Expert Advisor can also open positions and place pending orders.

The EX can:

  • Trail stop levels for orders of any type (market and pending);
  • Apply scalping techniques;
  • Track the deposit increase by the required percent — once the value is reached, the EA can inform the user about that;
  • Place pending orders, which are allowed by the user;
  • Show Expert Advisor settings on the screen.
  • The EA was originally designed as a universal trailing tool, while all other features have been added for convenience.

Input Values

  • For all opened manually, the magic number is \"0\"
    • magic number - a unique identifier to be used by the EA;
    • Lot - the lot value of a position or a pending order to be opened by the Expert Advisor.

  • Pending Order Switches - flags for pending orders:
    • Wait close position - waiting for a position to close ("true" - waiting for a position to close, "false" - waiting for a pending order to trigger);
    • Allow/prohibit BUY STOP - the use of Buy Stop orders;
    • Allow/prohibit SELL LIMIT - the use of Sell Limit orders;
    • Allow/prohibit SELL STOP - the use of Sell Stop orders;
    • Allow/prohibit BUY LIMIT - the use of Buy Limit orders.

  • Position parameters
    • Maximum number of positions of one type - the maximum number of positions of one type in the market;
    • TakeProfit of positions - the take profit value;
    • StopLoss of positions - the stop loss value;
    • Trailing Stop of positions. "0" --> off - the trailing stop function;
    • Trailing Step of positions - the trailing step value;
    • Wait profit, "true" -> wait breakeven - first the EA waits for the breakeven level, and then applies the trailing function.

  • Stop order parameters
    • Distance from current price to Stop Order level - the distance between the current price and the Stop Order;
    • TakeProfit Stop Orders - the take profit value for Stop Orders;
    • StopLoss Stop Orders - the stop loss value for Stop Orders;
    • Trailing Stop of a Stop Orders. "0" --> off and Trailing Step is not important - trailing function for Stop Orders;
    • Trailing Step of a Stop Orders - the trailing step value for Stop Orders.

  • Limit order parameters
    • Distance from current price to Limit Order level - the distance between the current price and the Limit Order;
    • TakeProfit Limit Orders - the take profit value for Limit Orders;
    • StopLoss Limit Orders - the stop loss value for Limit Orders;
    • Trailing Stop of a Limit Orders. "0" --> off and Trailing Step is not important - trailing function for Limit Orders;
    • Trailing Step of a Limit Orders - the trailing step value for Limit Orders.

  • Only for work on time - trading time settings
    • Use time - enable operation in the specified time;
    • Terminal hours of the deals - trading time (hours);
    • Terminal minutes of the deals - trading time (minutes);
    • Use open Buy on time - the flag for time-based opening of Buy positions;
    • Use open Sell on time - the flag for time-based opening of Sell positions;
    • Use pending Buy Stop on time - the flag for time-based placing of Buy Stop orders;
    • Use pending Sell Limit on time - the flag for time-based placing of Sell Limit orders;
    • Use pending Sell Stop on time - the flag for time-based placing of Sell Stop orders;
    • Use pending Buy Limit on time - the flag for time-based placing of Buy Limit orders.

  • Pipsing - enable the pipsing (scalping) strategy
    • Pipsing profit - profit for the strategy.

  • Global levels - profit and loss levels (%) (for information)
    • To catch the increase/decrease of the deposit by NNN percent - tracking deposit levels;
    • Global TakeProfit (given in percent);
    • Global StopLoss (given in percent).

Comment

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