Any forex scalping   or close to scalping  trading strategy can be easily destroyed by dealer, if your account opened with non ECN broker. Seeing your StopLoss and TakeProfit order dealer can throw non market quote into a stream of quotations, and  StopLoss order will be executed. Also, the dealer can expand the spread, that will reduce your profit to zero. In order to be protected from manual intervention or even be to limit the impact of a dealer on your strategy, we created a tool "VurtualStopManager"

Some brokers can play unfair and hunt on StopLoss values of profitable traders if stops are know to the broker.

Expert Advisor VurtualStopManager allows you to hide StopLoss and TakeProfit orders from the dealer. Orders are saved and stored on a chart.

Spread Control function will moves the Stop Loss and Take Profit orders by the value equal to the difference between normal and expanded spread. This feature is optional. Such a module will not only protect your order but will also strain the dealer and make him make mistakes.


Virtual Trailing makes it possible to move hidden StopLoss by the market permanently on some fixed distance if the market goes to profit side and reached some profit checkpoint. 

Virtual Breakeven makes it possible to lock StopLoss at some profit level if the market goes to profit side and reached some profit checkpoint.

You can use this tool for Manual trading and for trading with Expert Advisor as well.

A lot of brokerage companies require certain minimum distance for trading stops & limit orders to be met when trading.

With Expert Advisor VurtualStopManager  you can   use a small distance 2-3 pips*  from the price to TakeProfit (Very useful for Forex Scalping)

*  -  order can be opened in a different price due to slippage





 

BJF Trading Group inc.
iticsoftware.com