Forex Forums | ForexLasers.com


Go Back   Forex Lasers Forum > FOREX TRADING > Forex Discussion


auto slntp for vertex

Forex Discussion


Reply
 
LinkBack Thread Tools Search this Thread
  #1  
Old 19-10-2015, 07:01
Level 1 Lasers Member
 
Join Date: Oct 2015
Posts: 2
Default auto slntp for vertex

We have converted a Expert Advisor for VertexFX called Auto SLnTP. Auto stop loss and take profit is a server side script that when started on server applies a stop loss and take profit on pending orders. This is useful to apply stoploass and take profit to stoploss buy and stoploss sell orders. The stoploss can be defined in pips or with the ATR. When many orders are present in the terminal, applying a stop loss and take profit to each order is time consuming task. This tool is used in such situations.

The stop loss and take profit is defined in the parameters. The available options are:

Stop Loss Method - This decides pips based stop loss or ATR based stop loss. When the parameter is set to 1, it applies pip stoploss and when 2, it applies ATR stop loss.

Fixed SL - stop loss in pips.
StopLoss ATR - ATR multiplication factor for stop loss.

Take Profit Method - Parameter value 1 implies fixed stop loss and 2 implies ATR stop loss
Fixed TP - Take profit in PIps
TakeProfit ATR - Take profit ATR multiplication factor

ATR Timefram - Time frame to calculate ATR
The EA triggers an alert when the order modification is done. This alert can be turned on/off with the parameter Alert on.
Attached Thumbnails
auto slntp for vertex-autoslntpfinal-1-.png  
Attached Files
File Type: zip AutoSLTPOrder (1).zip (3.9 KB)
Reply With Quote
Reply

Thread Tools Search this Thread
Search this Thread:

Advanced Search

Posting Rules
You may not post new threads
You may not post replies
You may not post attachments
You may not edit your posts

BB code is On
Smilies are Off
[IMG] code is On
HTML code is On
Trackbacks are On
Pingbacks are On
Refbacks are On


Similar Threads
Thread Thread Starter Forum Replies Last Post
3D Oscillator - Vertex FX Indicator NCDindia Indicators Discussion 0 22-01-2016 13:06
auto slntp for vertex omsaitech5551 Expert Advisors / Robots 0 16-10-2015 11:44
Forex auto trade - How to get monthly cashback from forex trading asafp584296 Software / Signals / Services 1 15-01-2012 18:44
Steve Hopwood's new AshFX V2 auto-trading robot SteveHopwood Forex Systems 142 12-01-2011 07:32
Best Auto trading service with Free Forex Signal 90% Accuracy inyonkfx Software / Signals / Services 2 15-07-2010 13:29


All times are GMT. The time now is 23:45.


Powered by vBulletin® Version 3.8.10
Copyright ©2000 - 2019, vBulletin Solutions, Inc.