EA-39308 · Utility

Trailing Activate Close All

This EA is a trade management utility that applies trailing stop functionality to open positions and provides a close-all feature to liquidate all open trades. It does not open trades on its own but rather manages existing positions by dynamically adjusting stop loss levels as price moves favorably. The close-all function acts as an emergency exit or risk control mechanism.

Open the interactive view (equity curve, symbol switch)

Key facts

CategoryUtility
RiskLow
Rating★★★☆☆
TypeUtility tool
TimeframesM5, M15, H1, H4, D1
Indicators—
AuthorCopyright © 2022, Vladimir Karputov

Backtest results (H1, about 1 year)

Not backtested yet — this EA could not be converted automatically.

Strategy analysis

The core strategy concept of this EA is trailing stop management, which progressively moves the stop loss level in the favorable direction as price advances to lock in unrealized gains. Regarding entry conditions, the EA does not generate its own entry signals but instead attaches to existing user positions for management. Exit conditions are triggered when the trailing stop is hit — price retraces to the trailed stop level resulting in automatic position closure with locked profit — or via the close-all function which forcefully liquidates all open positions. In terms of position sizing, the EA does not calculate or determine lot sizes for new entries since it only manages stop loss levels of existing positions. For money management, the trailing stop mechanism itself serves as a risk management tool by limiting drawdown and protecting both realized and unrealized profits. The overall risk control effectiveness heavily depends on the user's proper configuration of trailing stop parameters, including the trailing distance and activation threshold.

Strengths

  • Trailing stop effectively locks in floating profits and reduces the risk of giving back gains
  • Close-all function provides emergency risk control for rapid liquidation during extreme market conditions
  • As a utility EA it does not open positions independently, avoiding additional risk exposure

Weaknesses

  • Improper parameter settings may cause stops that are too tight and triggered by normal volatility or too loose to provide meaningful protection
  • Lacks consideration for spread and slippage, which may result in poor execution during high-volatility markets
  • Functionality is relatively limited, lacking a visual panel and real-time status display

Possible improvements

  • Add a visual dashboard displaying current trailing stop status and position information for better user awareness
  • Implement spread filtering and multi-level trailing stop support to improve execution quality during extreme market conditions

Risk assessment

Overall risk: Low

  • The close-all function may not execute at expected prices during significant slippage
  • Improperly configured trailing stop parameters may result in premature stop-outs or insufficient protection

Evaluation scores

Code quality3.0
Strategy logic3.0
Risk management4.0
Robustness3.0
Innovation2.0
Documentation2.0
Overall2.8

Parameters

ParameterDefaultDescription
TrailingStopN/Atrailing stopdistance (points)
TrailingStepN/ATrailing stop step size in points
ActivateLevelN/AProfit level in points to activate trailing stop
CloseAllfalseEnable one-click close all positions
MagicNumber0Unique EA magic number identifier

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Backtests are historical simulations and do not guarantee future results. Not financial advice.

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