Hey fellow traders! Today, I want to talk about an exciting tool that can really ramp up your trading strategy—it's called the Trailing Activate Close All, specifically designed for MetaTrader 5.
What is the Trailing Activate Close All?
This handy assistant is perfect for those who prefer manual trading. It operates solely on the current symbol and doesn’t impose any limits on the Magic number, which is a real plus!
One of the standout features is the new parameter: Trailing activate if profit is >=. Think of this as setting a breakeven point for your trailing. The trailing kicks in only after your position hits a profit of 'Trailing activate if profit is >= ' Points. If your position doesn’t have a Stop Loss or Take Profit set, the assistant will automatically apply the values you've specified in your input parameters.
What’s even cooler is that the assistant keeps an eye on your target profit. Once that target is reached, it will close all open positions for you. Talk about a time-saver!
Pic. 1. Trailing Activate Close All
Remember, the Expert Advisor is designed to work only on the current symbol, but it has no restrictions when it comes to the Magic number. This means that when the advisor modifies a position, it copies the Magic number of that position, making it super easy to manage your trades.
So, if you're looking to enhance your trading game and ensure you maximize those profits, give the Trailing Activate Close All assistant a try. Happy trading!
Comments 0