Friday, March 10, 2017

Interactive Stop Loss

Interactive Stop Loss


Advisor allows the trader to set ctop loss, which is invisible to unscrupulous brokers, thereby preventing false breakouts and unwanted operation ctop-loss. If you use a standard ctop-loss, it is very often the price before you go in the direction of an open order, time to break through stop-loss order and closed. Interactive Stop Loss removes the standard stop-loss orders open and adds instead a horizontal line, after which accompanies the order to complete the intersection of its price and only then closes the order. Closing of the order is carried out only after the close of the candle behind the line of stop-loss and not short-term touch, as is the case with a standard stop loss.


Advisor can run on all trading instruments at once, and the current instrument graphics, for which he was thrown. Just advisor can work with orders of magic identifier (eg, orders another advisor) or on all orders, regardless of magical identity.


Options



  • symbol - symbols on which EA trades. Values: CURRENT - current character graphics, ALL - all terminal symbols.

  • MAGIC - magic number of orders on which the adviser works. A value of -1 - warrant any magic number.

  • slippage - allowable for closing orders;

  • interactive - the interactive mode comprises a stop loss.

  • close_mode - closing orders mode of interactive stop-loss. Values: CLOSE - Adviser closes warrant after the close of the candle line interactive stop-loss, CROSS - orders are closed immediately after crossing the price line interactive stop-loss.

  • sl_name_begin - prefix for automatic naming line interactive stop-loss.

  • sl_line_color - color line interactive stop-loss.

  • x_btn and y_btn - the distance of the right upper corner of the button bar from the beginning of the graph of x and y, respectively.

  • alert - enable / disable Allert.


How to trade


After adding a counselor at the schedule it will remove all the stop-loss orders and add them instead of horizontal lines, which will, in future, to accompany transaction. If you need to return the order in its original state, it is necessary to press the button "Interactive" at the top of the graph and the adviser returns all to its original state. If, during the addition of the adviser on the chart interactive stop-loss order is not needed, it is necessary to establish interactive setting to false. When you activate the "Interactive" dillingovyh center does not know anything about your stop-loss and so the possibility of manipulation on his part excluded.


When you activate the Interactive the right of the "Interactive" appears "Set SL" button is a button, clicking on which you can add a stop-loss unnoticed by the broker (see illustration).


Default Adviser closes warrant only after crossing and closing the candle behind a line of interactive stop-loss. But if you need to keep the default behavior of the stop-loss, hiding, with your stop-losses on the broker, you should change the parameter close_mode with meaning CLOSE the value of the CROSS.


alerts


A trader could learn in time to close orders in the advisor provides alerts, accompanied by an audible signal. Alert reports the type of closed orders, his ticket, the closing price, as well as profit. If a trader mistakenly drags stop-loss line at an unacceptable level, the adviser will correct it and issue an alert warning. If alerts are not needed, they can be disabled in the settings by changing the alert on false.


Language Allert advisor match the language settings of the terminal. For the Russian language alerts are displayed on the Russian to English and other languages ​​in English.


Testing


For testing the expert on the history of using advisers tester or demo account recommend to download a trial version: https://www.mql5.com/ru/market/product/9381.


Interactive Stop Loss

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