Automate Stop Loss

This Expert Advisor MoneyProtect is a tool developed to support traders in their operations within defined parameters: adding a Stop Loss to open positions, activating the Trailing Stop, and setting the maximum loss value the trader is willing to accept on open trades.

The operation works by adding a Stop Loss to the position when an order is opened, based on the number of points defined in the parameter Points To Stop Loss.

The Trailing Stop can be enabled, starting from the profit points defined in the Start Trailing parameter, and will position the Stop Loss according to the value set in Trailing Stop.

If the trade moves against the user, in addition to being protected by the Stop Loss on each order, the trader can also set a maximum loss limit using the Max Loss ($) Close All Orders parameter. If the total loss from open orders reaches this amount, the Expert Advisor will close all positions.

This robot is a support and strategy tool designed to protect your capital. Before trading on a real account, we recommend using it on a demo account to find the parameters that best suit your trading strategy.

Happy trading!