This product is a trial version available only for demo accounts. If you like it, please see the real account version. Settlement-only EA automatic gain/loss cutting tool (trail settlement supported)

Entry is discretionary, exit is automatic settlement based on your own rules

I have created an EA that will automatically perform only settlements. You can trade discretionary for entry and non-discretionary for settlement. I used to do it manually with MT4 when I entered a trade, but I sometimes forgot to put in a limit price because it became too much of a hassle, resulting in a big loss. With this settlement-only EA, profit and loss are automatically determined by the rules you set in advance, so you don't have to do that anymore. Settlement criteria can be set as you like. ～You can set a loss at a loss of ~ pips and an automatic trailing stop at a profit of ~ pips.

Setting items

Slippage = The gap that may occur between the rate specified at the time of order placement and the rate at which the order is actually executed due to fluctuations in the foreign exchange market, etc. The allowable limit of price fluctuation can be set. Magic Number: EA's identification number. Enter a number that does not cover other EAs. Buy position loss at a loss of XX pips or more Sell position loss at a loss of XX pips or more Trail triggered at a profit of XX pips or more Profit confirmed at XX% decrease from the maximum buy trail profit Sell position profit triggered at a profit of XX pips or more Trail confirmed at XX% decrease from the maximum sell trail profit Profit is taken when the profit of a sell position is reduced by XX% from the maximum profit of the sell trail.Notes on settingsDo not delete or set the numerical value to 0, as it will be closed at the moment of entry.　If there are items that are not used, please leave the larger number in.

Advantages and disadvantages of discretionary and non-discretionary trading

Advantages of Discretionary Trading

Experience will help you improve your skills.

You can only play with chart patterns that you are good at.

Disadvantages of Discretionary TradingIt takes time to become a winner ・It is difficult to find time to analyze charts and trade ・There is a tendency to incur large losses due to emotion-driven tradingAdvantages of Non-discretionary Trading (System Trading)Compared to discretionary trading, it does not require much FX knowledge or experience ・Automatically executes trades, so even busy people can trade ・Trades according to set rules without being influenced by emotionsDisadvantages of non-discretionary trading (system trading)Many EAs are black boxes with undisclosed logic - Even excellent EAs may not win at all depending on the market - EAs sold are expensive

About Trailing Orders

What is a trail order?A trail order is a function that automatically modifies the profit and loss criteria in accordance with price fluctuations. It is possible to increase profits while minimizing the risk of losses. Basically, trail orders are effective in a trending market, but not so effective in a range market where there is no clear trend. They should be used in trending markets. Advantages of Trailing OrdersThe advantage of trail orders is that they can be used to further extend profits as long as the trend continues and profits are growing. This is reassuring because the system automatically adjusts stops according to market movements without the need to be attached to the chart screen. Disadvantages of trail ordersIn a range market, profits do not increase as expected in contrarian trading In scalping, I get stuck at the stop immediately and cannot trade well

Settlement-only EA is recommended for

If you are interested in this product, please see the real account version. If you like it, please see the real account version. Settlement-only EA automatic gain/loss cutting tool (trail settlement supported)

【無料版】決済専用EA自動利確・損切りツール（トレール決済対応）