Use the ATR Trailing Stop Hidden EA MT5 and hide your trailing stop from your broker. ATR is a popular way to use the indicator's value to trail trades. Simple and efficient method for daily trading.
Example: The current ATR value on EURUSD is 0.0028, which is equal to 28 pips. EA will use this value to track your trades. With every new candle, the ATR indicator has a different value, for example, 0.0030 = 30 pips, and the EA will use this new number too. So this is very adaptive to the current trading conditions.
How do I use it?
Actually, it's very easy to use this EA. You just need to attach EA to the chart and set your desired settings.
EA is only able to work with one chart at a time. For example, attach this EA to the EURUSD chart, and it will trail all your EURUSD trades. If you need more symbols, simply open another needed symbol and attach EA again.
Timeframe: If you want to use ATR for 15 minutes, for example, attach EA to the 15-minute timeframe. If 1H, then attach it to the 1H timeframe.
Your Metatrader 5 must always be working. The Internet connection must be stable.
It's not essential to place an ATR indicator on the chart, but you can do that if you want to see ATR's values.
Settings:
Trail - you can choose which trades to trail. Only manual trades or manual and EA trades.
ATR period - obviously different periods will result in different values of the ATR indicator.
ATR multiplier - for example if the ATR value is 0.0028 and multiplier is as 1=28 pips, e.g multiplier is as 2=56 pips, multiplier is as 2.5=70 pips or any other number.
ATR trailing start % - basically it means how much in profit a trade must be in case to start using ATR trailing stop. For example ATR value is 10 pips + multiplier 2=20 trailing stop=once the trade reaches 20 pips in profit ATR trailing stop is applied for this trade. You can use any %.
Leave a comment below if something isn't clear.
Inputs menu of the EA.
Download the demo version of the ATR Trailing Stop Hidden EA MT5 and try it before purchasing this forex trading robot MT5.
Price:€75
Payment methods: PayPal, Credit Card, Skrill.
With a Paypal or credit card, you can purchase this EA by pressing the "Buy Now" button below. After your successful payment, please contact us, and we will send you a copy of the EA. Your EA will be delivered in a few hours or faster.
If you would like to purchase this EA with a Skrill account, please contact us.
This EA has no limits:
Lifetime license
Works with any timeframe
Works with any market
Friendly settings menu
Easy to set up
There are no any restrictions
Unlimited accounts
Updates available
Support 24/7
Best quality guaranteed
Similar MT4 and MT5 EAs:
EA has the most used features, we don't want to add too much stuff in the original EA. So we offer custom updates for any of our EA - you can easily order a custom update and adapt this EA to your specific needs.
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