Using Client-Side Stops
VTS Client-Side stops are very easy to configure. There is checkbox on the the fnOpenOrder window for enabling a client-side stoploss and/or takeprofit.
When your Expert Advisor opens a trade for which Client-Side Stops have been enabled (via the fnOpenOrder window):
- The EA opens the trade using the Emergeny Stoploss and TakeProfit values. The default values are 5000. These can be set to any value, including zero if the MetaTrader broker allows EAs to open trades with a zero value stop.
- On every tick, the EA will monitor the Client-Side Stops and close the trade if either the stoploss or takeprofit value has been reached.
WARNING: The EA must be attached and running for client-side stops to execute! In the event that your Expert Advisor is no longer running or can NOT connect to the broker's server for any reason, the emergency stops are the only values that will close the trade.
These steps outline how to useClient-Side Stops.
