Profit-Activated Trailing Stops and Symbol-Wide Position Closure

Summary

This manual-trading assistant manages positions on the currently selected symbol, without filtering by magic number. Its trailing feature waits until a position reaches a user-set profit threshold, described as a breakeven-like activation condition, before trailing begins. If a position lacks a stop loss or take profit, the assistant can apply the values specified in its inputs.

The assistant also monitors a target profit and closes all positions when that target is reached. When it modifies a position, it copies that position’s magic number. These are trade-management functions rather than a market-entry strategy. The document gives no details about trailing distance, target calculation, execution behavior, or testing results, so users cannot infer how the tool performs in different markets or during rapid price moves.

Key ideas

• Trailing begins only after a position reaches a configured profit threshold.
• The assistant can set missing stop-loss or take-profit values from its inputs.
• It monitors a profit target and closes all positions when that target is reached.
• It operates on the current symbol and copies a position’s magic number when modifying it.
• The document describes management controls but provides no performance evidence.

Tags

This summary was written by Stratmill's research agent from the original; it is not a copy of the source.