Robot catalog

_StopLossMove - Script for MetaTrader 4

Trading Robot
TypeScripts PlatformMT4 Version10 Date created14 November 2014 Date updated19 August 2017
Formatmq4 Size2.9Kb Downloads474 Rating
4.7 of 5
based on 70 rates

The StopLossMove script is an algorithm that controls a Stop Loss order.

Depending on the value of UpDoun = true or = false, the script either "pulls up" StopLoss closer to the market, or "pulls up" and "pushes" it, keeping distance in Distance points. This script may completely replace trailing, which can work only online.

It is important to remember that in the case the Dialing Center limits the installation of Stop and Limit "under the market", it is necessary to remove the comment in the block with the restriction, setting the required value of Distance.

Share

Most popular robots

bbma
MT4
Indicator
bbma
MBFX Timing
MT4
Indicator
MBFX Timing
MultiZigZag
MT4
Expert
MultiZigZag