Autostop v2 - MetaTrader 4 Expert | MT4 EA Download - MetaTrader 4 Resources
Autostop automatically sets a stop loss (take profit, stop loss, or both) on open trades. This saves you time when you open multiple trades as you don't need to set stop loss levels before or after opening each trade. The EA scans an unlimited number of trades and sets a preset stop loss for those trades that lack a stop loss that you allow the EA to monitor. For pending orders, they will be modified once the market opens.
The new version includes: A bug where the EA could modify trades in the EA using a magic number other than 0 has been fixed and the stop loss position is more accurate even if the price has deviated from the trade opening price at the time of modification.
Attachment download
📎 Autostop2.mq4 (3.72 KB)
Source: MQL5 #10829
Autostop v2 - MetaTrader 4 Expert | MT4 EA Download - MetaTrader 4 Resource Usage and Screening Suggestions
Autostop v2 - MetaTrader 4 Expert | MT4 EA Download - MetaTrader 4 resources belong to 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 on titles or short-term profit descriptions.
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