AutoTStop EA - MetaTrader 4 Expert | Trading Script Download - MT4/MT5 Resources

AutoTStop EA is not used to place orders, but only helps traders use trailing stops.

The automatic trailing stop will take effect when the price reaches half the value you specify on the trailing stop.

Copy and paste the ping.wav sound (ping.zip) into the MetaTrader 4/Sounds folder so that the EA will provide notification sounds every time an order is closed or takes profit.

I used AutoTStop_EA in TF M5 and the template AutoTS6-MMA-RVI60-CS.tpl (AutoTS6-MMA-RVI60-CS.zip) to trade currency pairs (EURUSD, USDCHF, AUDUSD, EURAUD, EURJPY, GBPJPY, GBPAUD, GBPCHF, GBPUSD, NZDUSD, USDCAD, USDJPY) with very satisfactory results.

Update 01 (2014-12-05) :

3. Value system tracking stop loss.

Update 02 (2015-01-05):

1. Fixed some typo codes.

Update 03 (2015-03-27):

1. Changed the calculation system of TP and SL.
2. Simplified the code and improved the performance of EA.

Update 04 (2015-06-16):
1. Fix bugs in the overall program script.
2. Add BEP to trailing stop loss.

Update 05 (2015-07-03):
1. There is no change in Expert Properties, still in accordance with update_4.
2. Minor changes to void StartAction() function and void TpSlTrlS() function.

Attachment download

📎 autotstop.mq4 (23.59 KB)

📎autotstop__update_2.mq4 (23.5 KB)

📎autotstop__update_3.mq4 (20.44 KB)

📎 autotstop_update_4.mq4 (23.09 KB)

📎 autotstop_update_5.mq4 (20.3 KB)

Source: MQL5 #11977