Tool to auto Insert Take-Profit & Stop-Loss Limits or T P S L-Insert for VertexFX

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The Tool to auto Insert Take-Profit & Stop-Loss Limits or  TPSL-Insert Expert Advisor, as the name suggests is a VertexFX client-side script that assigns stop-loss and take-profit to open positions.

It is handy in assigning stop-loss and take-profit to open positions with a single click, and avoiding manual entries.

The expert advisor evaluates all open positions. For each open position, if it does not have a take-profit assigned then it assigns the take-profit value to TAKEPROFITPIPS. Similarly, if each open position does not have a stop-loss assigned, then it assigns the stop-loss value to STOPLOSSPIPS.

It should be noted that if an open position already has a stop-loss value assigned, then the Expert Advisor will not change its stop-loss value to the new STOPLOSSPIPS value. Likewise, if an open position already has a take-profit value assigned, then the Expert Advisor will not change its take-profit value to the new TAKEPROFITPIPS value.

 

 

Configurable Inputs

  1. TAKEPROFITPIPS – The take-profit to be applied to each open trade in pips. If this value is set to 0 (or less than 0), then it is ignored.
  2. STOPLOSSPIPS – The stop-loss to be applied to each open trade in pips.If this value is set to 0 (or less than 0), then it is ignored.

http://www.hybrid-solutions.com/plugins/client-vtl-plugins/free/tool-to-auto-insert-take-profit-a-stop-loss-limits.html

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