TakeStop - MetaTrader 4 Script | Trading Script Download - MT4/MT5 Resources
Displays the price levels for the simulated trade, including the set Take Profit (TP) and Stop Loss (SL) values for the selected trade direction. It also displays brief statistics, including an hourly entry breakdown.
The user sets the Take Profit (TP) and Stop Loss (SL) amounts in percentages and specifies the trade direction: buy or sell.
Attachment download
📎 TakeStop.mq4 (52.57 KB)
Source: MQL5 #64734
TakeStop - MetaTrader 4 Script | Trading Script Download - MT4/MT5 Resource Usage and Screening Suggestions
TakeStop - MetaTrader 4 Script | Trading Script Download - MT4/MT5 resources are trading script 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 on titles or short-term profit descriptions.
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