Stop Loss and Limit Robot - MetaTrader 4 Experts | MT4 EA Download - MetaTrader 4 Resources
Two EAs. Place a stop loss order in one place and a limit order in the other. EA does not use any form of technical analysis, only price movements. EA works on any time frame. Easy to backtest and find historical winning parameters.
The code places arrows for all pending orders on the chart. The top left of the chart shows a running total of profit/loss.
All orders must exceed the stop loss level specified by the broker. Trailing stop function.
Under the comments in the terminal, there is a clear identification of the order type.
Attachment download
📎 sb.mq4 (21.69 KB)
📎lb.mq4 (21.7 KB)
Source: MQL5 #16305
Stop Loss and Limit Robot - MetaTrader 4 Expert | MT4 EA Download - MetaTrader 4 Resource Usage and Screening Suggestions
Stop Loss and Limit Robot - MetaTrader 4 Expert | MT4 EA Download - MetaTrader 4 resources are MT4 EA related resources. Before downloading or referencing, it is recommended to confirm the platform version, transaction type, time period, whether DLL is required, whether source code is included, parameter description and historical update records.
Both automated trading tools and foreign exchange indicators should first undergo backtesting, simulated account observation, and small capital verification. Pay special attention to spreads, slippages, maximum drawdowns, position opening frequency, stop loss methods, trading periods and broker rules, and avoid direct real-time execution based only on titles or short-term profit descriptions.
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