Ultimate Trailing Stop EA MT5

Overview of Ultimate Trailing Stop EA MT5

The Ultimate Trailing Stop EA MT5 is a powerful tool designed to automate the trailing stop process for traders using MetaTrader 5. This Expert Advisor (EA) is equipped with a plethora of features to enhance your trading strategy and ensure you maximize your profits while minimizing risks.

Key Features

• Automatically trails open positions using one of 14 trailing algorithms: fixed, percent, ATR Exit, Chandelier Exit, Moving Average, Candle High Low Exit, Bollinger Bands, Parabolic, Envelope, Fractal, Ichimoku Kijun-San, Alligator, Exit After X Minutes, Exit After X Bars.
• Offers both real and virtual trailing stop options, allowing traders to get out fully or partially at a desired percentage.
• Manages unlimited open orders (manual or EA) of different symbols.
• Filters open orders based on symbol, magic number, comment, or ticket.
• Displays on-screen trade information and their trailing stop levels, along with dynamically updating pips to level, pips & dollar profit.

Customization and Compatibility

• Compatible with MetaTrader 5, ensuring seamless integration with your existing trading setup.
• Highly customizable to fit different trading styles and strategies.
• Enables users to set the trailing stop distance in points, ensuring flexibility in managing trades.

Automation and Efficiency

• Runs automatically, monitoring all open positions and adjusting stop losses based on price movements.
• Reduces the need for manual intervention, allowing traders to focus on other aspects of their trading strategy.
• Provides peace of mind by ensuring that trades are managed efficiently and effectively.

User Experience and Feedback

• Highly rated by users for its ease of use and effectiveness in managing trades.
• Users appreciate the comprehensive set of features and the ability to customize the EA to their specific needs.
• Positive feedback highlights the EA's ability to enhance trading performance and profitability.

Examples of Similar EAs

• YaqoubPro TrailingEA: Implements a trailing stop functionality for MetaTrader 5, allowing users to set the trailing stop distance in points and adjust stop losses automatically.
• Trailing Stop and Breakeven Management EA: Designed to set trailing stops and breakeven levels for trades based on input parameters and a magic number in MT5.
• Break Even and Trailing Stop EA: Offers both trailing stop and breakeven functions, allowing traders to manage their trades effectively and safeguard their profits.

Conclusion

The Ultimate Trailing Stop EA MT5 is an indispensable tool for traders looking to automate their trailing stop process and enhance their trading strategy. With its comprehensive set of features, high level of customization, and positive user feedback, this EA is a must-have for any serious trader. 🌟📈