Individual StopLoss
(starting from v2.56) (refactored in v2.60)
Individual StopLoss is set for each position right after opening.
It is always “real” (not virtual, even if Use Virtual SL is enabled).
Warning
Order closed by SL can be immediately reopened (if it is a martingale order and all conditions for opening are met)StopLoss type
Can be one of the following:
- StopLoss disabled
- Fixed StopLoss: Fixed StopLoss in points (what is a “point”?)
- StopLoss on extremum: SL is set on the highest high or lowest low of the last StopLoss Extremum Bars bars, shifted by StopLoss size / shift / coeff points
- Donchian StopLoss: SL is set on the Donchian channel, calculated with the Donchian Signal Period and Donchian OpenShift Bars L/R parameters, shifted by StopLoss size / shift / coeff points
StopLoss size / shift / coeff
Individual StopLoss size or shift in points (what is a “point”?).
StopLoss TimeFrame
TimeFrame for Extremum bars and Donchian channel calculation.
StopLoss Extremum Bars
Number of bars for Extremum calculation.
Donchian Signal Period, OpenShift Bars L/R
Donchian channel parameters.
Min StopLoss size
Min StopLoss size in points (what is a “point”?).
If the calculated SL is less than Min StopLoss size, it will be set to Min StopLoss size.
Individual TakeProfit
(starting from v2.56) (refactored in v2.60) (refactored in v2.60.6)
Individual TakeProfit is set for each position right after opening.
It is always “real” (not virtual, even if Use Virtual TP is enabled).
Warning
Order closed by TP can be immediately reopened (if all conditions for opening are met)TakeProfit type
Can be one of the following:
- TakeProfit disabled
- Fixed TakeProfit: Fixed TakeProfit in points (what is a “point”?)
- TakeProfit with coefficient to SL: TP size is calculated as SL size multiplied by TakeProfit size / shift / coeff
TakeProfit size / shift / coeff
Individual TakeProfit size in points (what is a “point”?) or coefficient.
Individual BreakEven
Individual BE can only move SL in profit direction, it is always real (not virtual) and it can be replaced by a group SL, if the last one is set at a better price (for example, by trailing stop).
Be careful
Order closed by BE can be immediately reopened (if it is a martingale order and all conditions for opening are met)BreakEven after, BreakEven to
If the profit of order reaches BreakEven after points (what is a “point”?), SL will be moved to the level “open price + BreakEven to points” (opposite for sells).
Thus, the order will be closed with profit of BreakEven to points.
ActivePeriod
BreakEven can be always active or use 1 of 4 predefined periods.
Each of 4 Active periods can be set in the Active Periods for signals and filters section.
BreakEven works only if it is active.
Individual TrailingStop
Individual TrailingStop can only move SL in profit direction, it is always real (not virtual) and it can be replaced by a group SL, if the last one is set at a better price (for example, by trailing stop).
Be careful
Order closed by TrailingStop can be immediately reopened (if it is a martingale order and all conditions for opening are met)TrailingStop size
Individual TrailingStop size in points (what is a “point”?).
Set 0 to disable TrailingStop.
Min profit to protect
TrailingStop will move SL only to the level where profit is more than Min profit to protect points.
For example, if TrailingStop size = 20 points and Min profit to protect = 10 points, SL will be moved if profit is more than 30 points (SL will protect 10 points of profit).
Set 0 to make first modification of SL to the level of position open price.
Trailing step
Trailing step in points (what is a “point”?).
SL can be moved by at least Trailing step points.
ActivePeriod
TrailingStop can be always active or use 1 of 4 predefined periods.
Each of 4 Active periods can be set in the Active Periods for signals and filters section.
TrailingStop works only if it is active.
Apply to Anti-martin orders only
If true, BreakEven and TrailingStop will be applied only to Anti-martin orders.