Ultimate Trailing Stop EA Combo MT4 + MT5

Description

This EA Utility allows you to manage (with advanced filtering) unlimited open orders (manual or EA) with 16 trailing stop methods: fixed, percent, ATR Exit, Chandelier Exit, Moving Average, Candle High Low Exit, Bollinger Bands, Parabolic, Envelope, Fractal, Ichimoku Kijun-Sen, Alligator, Exit After X Minutes or Bars, RSI and Stochastic. The trailing stop can be either real or virtual, and you can exit fully or with a partial close percent on touch or bar close.

Moreover, you can add (override) stop loss, take profit and breakeven, add three partial take profit levels, and manage basket close in total dollar profit or loss, and/or percent drawdown or up draw.

Visualize all orders and their trailing stop levels in beautiful trade control panel.
Visualize trailing SL (and open price & TP) on chart, and deploy mini trade panel for fast partial closing and order info.

Why the need for a good trailing stop system?

If you do a Google search, you will find  “Trailing Stop”   brings up 832,000 results, which is significant, and   “Trailing Stop” MT4   brings up 200,000 results, a rather large number for the niche platform of MT4.

Trailing stops are sought out because markets are volatile, and your profitable open trade of today can easily turn into a losing trade tomorrow in a quickly vacillating market. A trailing stop follows the price when moving in favor of the trade and doesn’t require human interaction. Its main power is limiting losses and securing profits.

Most trailing stops out there are classified as simple trailing stop systems that protect a fixed pip or percentage of the open trade profit, and some follow a single indicator.

This utility can be best classified as an All-In-One or Universal Trailing Stop system because it allows for the following of multiple indicators in addition to a fixed or percent trail. But even in this upper classification, it stands out from the competition.

What makes Ultimate Trailing Stop EA unique?

***** Please view/vote/suggest future features/improvements/ideas of UTS in the roadmap *****