ManualTrader EA

Originally Posted by Eris

Hi Igor,

Is it possible to enhance the "Take Profit" function with a ATR projected target? This will be similar to the ChandelierStop (for trail stop) except that this time a profit target is projected based on ATR x multiplier.

Refer sample attached.
Attachment 17886

Thanks
Eris

I believe this would be a great feature to this wonderful trade management EA. Please @igorad consider this request

Hi,

This is a great EA and very useful. Please could I request a section based on ATR. My preferred stop loss method is 1.8 x ATR, take 1/2 profit at ATR and let the rest ride with a jumping stop loss of ATR. Would it be possible to add this to the EA?

Many thanks
TMT

ManualTrader EA
- ManualTrader_v1.0.1 EA is on this thread.
- ManualTrader_v1.2 EA is on this post. EA was improved to set StopLosses by the Risk Factor
- ManualTrader_v1.3 EA is on this post. This is updated EA with ability to set the Hidden Stoploss
- ManualTrader_v1.4 EA is on this post. This version of the EA is having the ability to close trades by AllTrendEnvelopes_v2 (ExMode = 1) and to trail stop (TrailingMode = 2).
- ManualTrader_v1.4 600+ EA is on this post. This version works with Metatrader 4 build 600 and above.
- ManualTrader_v1.6 600+ EA is on this post. This is the updated ManualTrader EA with ability to work with the ChandelierStop indicator. This version works with Metatrader 4 build 600 and above.
- ManualTrader_v1.7 600+ EA is on this post. This is fixed version ManualTrader EA with ability to work with the ChandelierStop indicator (trailing stop was fixed). This version works with Metatrader 4 build 600 and above.

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I sometimes receive private messages from those who want to learn how to create their own Expert Advisors or indicators. Although there is a lot of material on this site and on the Internet in general, including very good resources with examples, beginners still need help. Some users seek more consistency in presentation, others require clarity or something else. Sometimes users ask: "Add comments to the code of a working Expert Advisor, I will understand everything and make the same one myself!" But, after they see a hundred lines of code, they get scared, confused and give up the idea. Instead, they say: "Better create an Expert Advisor for me."

Anyway, there are people who still want to "understand everything". This is when a step-by-step guide, explaining things from simple to complex, may come in handy. Well, users can't find such a step-by-step guide for the MQL5 language.

I am starting this series of articles specifically for beginners, for those who are encountering programming for the first time and are willing to learn it. These articles are intended for traders who no longer want to depend on programmers and wish to understand how everything works. The articles offer consistent and detailed information, with pictures and examples, guiding readers to the level of "MQL5 language proficiency".

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