Author of the Idea: Vladimir Pastushak
MQL5 Code Author: barabashkakvn
The VR---STEALS Expert Advisor (EA) is designed to work specifically with the symbol chart it’s launched on. For instance, if you’re trading on the USD/JPY chart, this EA will monitor all positions related to the USD/JPY symbol. The magic number that identifies each EA instance is not a factor here; before executing any trade, the EA simply copies the magic number, ensuring that the position’s magic remains unchanged.
Key Features of VR---STEALS
This EA keeps a close eye on your position's losses (by managing Stop Loss) and profits (by managing Take Profit), and it can even implement trailing stops. Rather than setting fixed Stop Loss and Take Profit levels, VR---STEALS waits for the market conditions to close a position when either of these conditions is met. During the trailing phase, a Stop Loss level is established. If you wish to disable any parameter, simply set it to zero in the inputs.
Testing in the Strategy Tester
When you run this EA in the strategy tester, it will attempt to open a BUY position of 1.0 lot in the OnInit() function (without checking the outcome).
- Monitor your trades effectively.
- Customize your risk management with ease.
- Test your strategies in a friendly environment.
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