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 version works on Demo accounts only.
– Trail version works for 7 days on any symbol and time frame.
– Full version works on any symbol and time frame without limitations.
cTrader, Metatrader4, Metatrader5 versions are available.
The cBot requires FULL Access Rights to run.
This is important otherwise the cBot and its special functions won’t work
for example: MessageBox, Telegram or Email notifications, Save/Load the cBot/User parameters etc.
Keep calm. Nothing dangerous will happen!