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Select FX |
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Forex Product Details |
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| Trailing Stops Manager 1.01 |
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System:
Manages trades opened by other Expert Advisor/s, scripts or manually
EA has a default MagicNumber
of -1 to mean 'handle all trades for pair of this chart'
MagicNumber optionally can be set to zero to 'handle all manual trades',
or EA or
scripted trades that have no Magic Number set (so Magic Number defaults to zero)
MagicNumber optionally can be set to n to 'handle all trades placed by script or other EA on this single magic number'
Default operation mode is to Trail the Stop up from the StopLoss by a value you
can set
Alternatively if BreakEven is set to x instead of zero, the EA
will move StopLoss to Break Even at x pips gain & trail at y pips from there
The EA is generic and will work on any pair (the pair of the chart it is placed on)
Multiple copies of the EA can be run on separate charts to handle different pairs and/or Magic Numbers
Risk Statement
Trading foreign exchange on margin carries a high level of risk, and may not be suitable for all investors.
The high degree of leverage can work against you as well as for you.
Before deciding to trade foreign exchange you should carefully consider your investment objectives, level of experience, and risk appetite.
The possibility exists that you could sustain a loss of some or all of your initial investment and therefore you should not invest money that you cannot afford to lose.
You should be aware of all the risks associated with foreign exchange trading, and seek advice from an independent financial advisor if you have any doubts.