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Elementary Trailing Stop is a powerful VertexFX Expert Advisor

Discussion in 'Strategies & Systems' started by OmSaiTech111, Jun 23, 2016.

  1. OmSaiTech111

    OmSaiTech111 Active Member Trader

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    Elementary Trailing Stop is a powerful VertexFX client-side expert advisor used to implement trade management in the current user account.
    The expert advisor continuously monitors all open positions. When the sum of the open price of the current order and the user input trailing stop in points is less than the ask price of the current symbol and the sum of the stoploss of the current order and the user input trailing stop in points is less than the ask price of the current symbol, the stoploss is updated to the current order.

    The stoploss of the current BUY order is moved to the difference between the Ask Price and the user input trailing stop in points.

    The stoploss of the current SELL order is moved to the sumof the Bid Price and the user input trailing stop in points.

    The expert does not modify the Take profitof the open orders.

    The expert performs the elementary trailing stop to all the new positions also.

    Please make a note that this Expert does not open any buy or sell order it comes in to action when any order is placed to control the profit and loss.

    http://www.hybrid-solutions.com/plugins/client-vtl-plugins/free/elementary-trailing-stop.html
    http://omsaitech.co.in/elementary-trailing-stop-is-a-powerful-vertexfx-expert-advisor/
     

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