TrailStop-GURU is the combination of the most efficient TrailStop technics.
This cBot modifies the StopLoss of the previously opened (by manual or other cBots) positions only! Does not open new trades or close the existing one.
Very useful for every manual/automated traders who has not good StopLoss protection.
It has six different running mode to determine the new StopLoss value:
– ATR based (works same as the well known SuperTrend indicator)
– Fix pips (classic mode of TrailStop calculation)
– Moving Average (Simple or Exponential) based
– Last X candles Low/High calculation
– Parabolic SAR based
Very simple to use.
With 3 input parameters you can highly customise the cBot.
Mode: Running Mode (1-6)
Period: Period of the choosen indicator/mode
Parameter: if the mode is requires
Mode 1 ATR based: newSL = Current Price +- ATR(Period).LastValue * Parameter
Mode 2 EMA based: newSL = EMA(Period).LastValue
Mode 3 Fix Pips : newSL = Current Price +- Parameter (pips)
Mode 4 by Candles: newSL = Highest High/Lowest Low of last Period candles
Mode 5 SMA based: newSL = SMA(Period).LastValue
Mode 6 PSAR based: newSL = PSAR.LastValue
Free/Demo version works on Demo accounts only.
If you want to use it on Real accounts please purchase the Full version.
cTrader, Metatrader4, Metatrader5 versions are available.