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• Trailing Step – the EA will move the stop loss in increments as the price moves direction of your
trade. Example: If you have a buy position and you set Trailing Step to 20 points (2 pips), the EA
will move the stop loss 2 pips every time the price moves by 2 pips in the direction of your trade.
If the price moves down, the SL will not be affected and will stay at that level.
• Trailing Deduction – the EA will reduce the size of your stop loss for every x minutes you specify
on the “Trailing Deduction Frequency” setting. Example, you can set the EA to reduce the SL by 5
pips for every 30 minutes that the trade is opened.
• ATR Trailing Stop – uses the ATR value to manage your stops. If this option is selected, then you
must specify the ATR multiplier on the setting “ATR Trailing Stop Multiplier”.
• Moving Average – uses the moving average value to manage your stops.
• Partial Close – uses the partial take profit target as your trailing stop value. E.g., If you have TP1,
TP2, and TP3 partial take profit enabled, then if TP1 is hit, the SL will move to breakeven. If TP2
is hit, the SL will move to TP1, and if TP3 is hit, the SL will move to TP2 price level. This option
works best only if you have all 3 partial take profits enabled.
Trailing Step (Points) – the number of points you want the price to start trailing. This setting is only used
if your trailing stop calculation is “Trailing Step”. Please note that this setting uses points calculation, so
if you want to trail your step by 5 pips, then you need to enter 50 on this input.
ATR Trailing Stop Multiplier – used to determine the multiplier for the ATR trailing stop option. If you
set the value for example at 3.0, then the EA will trail the stop 3x the current ATR value. This setting is
only used if your trailing stop calculation is “ATR Trailing Stop”.
ATR Trailing Stop Timeframe – the timeframe used to calculate the value of the ATR.
Trailing Deduction Points – the amount in points to deduct in SL when you select “Trailing Deduction” as
your trailing stop calculation. This setting is only used if your trailing stop calculation is “Trailing
Deduction”.
Trailing Deduction Frequency – the time it takes for the EA to reduce the SL for trailing deduction.
Example: If you select 5 minutes and you have “Trailing Deduction” as your trailing stop calculation, then
the EA will reduce your SL for every 5 minutes.
Moving Average Period – the period used if you select “Moving Average” as your trailing stop
calculation.
Moving Average Method – the moving average method for trailing stop.
Moving Average Timeframe – the timeframe in which the moving average will be calculated.
Breakeven SL Management (Default Values)
This section applies the default values to the Breakeven SL Management dashboard.
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