Creator of the Concept: Scriptor
MQL5 Code Author: Vladimir Karputov.
Introducing Universal 1.64, an Expert Advisor (EA) designed to take your trading to the next level! This smart tool not only trails your positions but also has the capability to open new trades and set pending orders.
This EA can:
- Trail stop levels for both market and pending orders;
- Utilize scalping techniques to maximize your profits;
- Monitor your deposit growth, alerting you when a specified percentage increase is reached;
- Place pending orders as per your preferences;
- Display settings clearly on your screen.
This EA was initially crafted as a robust trailing tool, with additional features added for your convenience.
Input Parameters
- For All Manually Opened Positions, the Magic Number is "0"
- Magic Number - a unique identifier used by the EA;
- Lot Size - the size of the position or pending order to be opened by the EA.
- Pending Order Switches - flags for managing pending orders:
- Wait for Position Close - control whether to wait for a position to close (
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