LOCTrailing Expert Advisor (EA)
LOCTrailing is an expert advisor (trading system helper) for MetaTrader 4 platform is automated order trailing system with a breakeven functionality.
All orders are processed by a secure form powered by Plimus.
 LOCTrailing expert advisor will automatically trail your opened positions using different trailing algorithms. Also EA allows you to set a breakeven level and will automatically move your stop loss in a breakeven after a certain pips of profit. EA can be configured to track all opened orders on a pair or only those which are marked with a special comment.
LOCTrailing Expert Advisor training videos
On the videos you can see the trailing EA in action. Watch ATR and pSAR based trailing stop functionality. Click to view videos.
LOCTrailing Expert Advisor Features
- 5 trailing algorithms - Simple, Parabolic, ATRStop, X bars back, Fractal
- Breakeven Functionality
- Live visual info about orders the EA is tracking
- Customizable input parameters of the indicators used.
- Tracking specific orders by a comment
- Can move SL only in profit area or instantly after an order was placed.
- Works on any timeframe and any pair.
- Works on 4 digit and 5 digit accounts.
More detailed info about LOCTrailing EA and input parameter description you can find in the manual:
LOCTrailing Expert Advisor Manual PDF
Instant download link will be provided immediately after your purchase.
All orders
are processed by a secure form powered by Plimus.
Note that you also get an ATRStop Custom Indicator for free with a purchase of the LOCTrailing EA.
If you need any help feel free to contact me via email or IM.
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LOCInfo Indicator
LOCInfo is a monitor custom indicator which displays multiple values from different timeframes.
LOCInfo is displaying the values listed below:
- Pair, Price and Spread
- 5 bars back Commodity Channel Index (CCI)
- 4 bars back Average True Range (ATR) on all Timeframes, price distance in pips and direction
- Moving Average (MA) on all Timeframes, price distance in pips, direction
- Stochastic on all timeframes, value and direction
- Previous day levels (Day high/low), price distance in pips
- Current day levels (Day high/low), price distance in pips
- ZigZag levels, price distance in pips
LOCInfo trading strategy and rules
The trading strategy rules may vary but the main idea is to sell when CCI turns down from high (positive) values and to buy when CCI turns up from low (negative) values. Confirm with other indicators. Please check the table below for more info.
Open long (buy) order when:
- A yellow CCI value appeared after 4 green CCI values
- Confirm with ATR on lower Timeframes (1M 2M) arrow must point up
- Confirm with ATR on higher Timeframes (4H 1D) arrow must point down-sideway or up-sideway
- Don't enter if the price is close to resistance level (red line on the chart)
- Confirm with Moving Average and Stochastic (this is less important but sometimes useful)
Open short (sell) order when:
- A yellow CCI value appeared after 4 red CCI values
- Confirm with ATR on lower Timeframes (1M 2M) arrow must point down
- Confirm with ATR on higher Timeframes (4H 1D) arrow must point down-sideway or up-sideway
- Don't enter if the price is close to support level (green line on the chart)
- Confirm with Moving Average and Stochastic (this is less important but sometimes useful)
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