Virtual Stop Loss and Take Profit Pending, Trading Symbol Chart Stop Loss Tracking - MetaTrader 4 Expert - MT4/MT5 Resources
T "Virtual_SL_TP_Pending_with_SL_Trailing.mq4." It is designed to manage trades by setting virtual stop loss and take profit levels as well as virtual pending orders with optional trailing stop function.
Here is a detailed description of the script:
This EA provides a flexible way to manage trades using virtual levels and trailing stop features, allowing traders to automate their trade management processes in MetaTrader 4.
Attachment download
📎 virtual_sl_tp_v1.mq4 (4.64 KB)
Source: MQL5 #49146
Virtual stop loss and take profit pending, trading symbol chart stop loss tracking - MetaTrader 4 expert usage and screening suggestions
Virtual Stop Loss and Take Profit Pending, Trading Symbol Chart Stop Loss Tracking - MetaTrader 4 Expert is a resource related to trading scripts. 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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