Download This Free :
Hidden Take Profit Stop Loss Trailing EA
Advantage:
1. TP/SL hidden from broker2. Trailing stop also hidden from broker
3.All the changes are being done internally and don't interact with TP/Sl from broker - which allows it to be faster and don't cause any errors like "Trader Context bussy" - it only interacts when there is a need to close the order on TP or SL
4.you can set as close as you want the SL/TP and trailing values - even 1 pip - as you know you can't do it on any broker
5.You can track up to 5 tickets
6.You can insert only tickets and activate the general settings
7.The main advantage is the SPEED - that it works very fast and doesn't send any data to broker till the moment of close - you even can trick your broker that you have bigger TP/SL
8.It shows how many pips till the TP/SL will be hit if the order is not tracked and the size for SL/TP in case the order is tracked
9.If you set 0 to any value it will not use that value
10.Spread taken in account
Value:
The best aspect about this software is its ability to have orders in place that are undetectable to the brokers.
"Allegedly" Brokers will aim for customer`s orders by widening spreads at certain times, to either close positions out prematurely, or take them into positions that look doomed to fail from the start.
A cool piece of software, for anybody who has a belief that Brokers use under hand tactics
Also another very interesting feature is the trailing stop. When you use the brokers trailing stop, the price has to move forward in your chosen direction by at least the amount you have set the trailing stop too. When you set a trailing stop of 20 pips, the price has to be 20 pips in your favour before it kicks in.
The Hidden TPSL software is totally different, if you have the same 20 pip trailing stop and the price moves forward just 1 pip your trailing stop will move to -19, and every time the price moves forward your risk is reduced.
So, by the time your position is 20 pips in front the software has moved your stop to break even, compared to the brokers trailing stop that has just started to take effect.
Another feature is to have set take limit profit orders, and stop loss orders set with your broker as you would normally do when in an open trade, but have these orders set wider than you really want them. Then use the Hidden TPSL software, to set the take profit and stop loss orders where you really want them. This way it fools the Broker, and gives you a degree of protection from price manipulation.