Virtual Sl Tp and trailing Sl MT4

This panel brings convenient functionality. It will make your manual or automated trading in the meta Trader terminal more comfortable.

This panel allows to hide the Stop Loss and Take Profit levels of your trades. The panel stores these levels in its memory. When the market price reached one of the levels, a trade is simply closed and terminal generates a message indicating that a virtual level was triggered. This feature can be disabled.
there are 5 options for setting Stop Loss:

Classic SL - fixed Stop Loss (pips_SL parameter)
Trailing SL - when the distance from the current price to the trade opening price is greater than the value of the pips_TRSL parameter, Stop Loss is moved by pips_TRSL.
Breakeven - Trailing SL until the "break even" price - similar to the previous one, but the algorithm works up to the trade opening previous
Trailing SL "jumps" - when the position profit in pips is equal to the value of pips_TRSL_1, the Stop Loss level is set to the position opening price (to breakeven). If Stop Loss is at "breakeven" and the distance from the current price to the opening price becomes equal to pips_TRSL_2, the Stop Loss order is moved away from the opening price to fix the profit in pips equal to pips_TRSL_3. This Trailing Stop Loss method is very efficient, it has been tested on different strategies. The algorithm is shows on the screenshot below.

It is possible to work with all trades on the symbol or with trades with the specified Magic (useful for working with an EA)
It is possible to set Take Profit
It is possible to draw the SL and TP levels as conventional lines on the chart
It is also possible to set the main settings right on the panel
Settings can be adjusted from the visual panel
When using hidden levels, there is an option to add "live levels" for SL (which are greater than the virtual level by the specified number of points)