Automatic Stop Loss Utility which uses ATR for MT4 & MT5

Hello! Traders. I hope you are doing great.

They say, "Always use hard stop loss when you open a trade".
"If you use ATR to determine your trade's stop loss that is even better."

But I say, what about a utility that does it for you.

*Video: Remember this is a utility not an expert advisor. I added the buy function just to showcase how this utility will work.

Inserted Video

See MT5 version here,
https://www.mql5.com/en/market/product/105561
See MT4 Version here,
https://www.mql5.com/en/market/product/105562

Some traders do not rely on ATR indicator for the SL & TP. They prefer their own pips for SL & TP, for such traders there is a utility called, "Auto Stop Loss All Trades" which will put automatic SL & TP with additional options like Break Even or Trailing of SL whenever they open a new trade. The SL & TP values are inputs by the user in pips.

I am providing the Demo version for both MT4 & MT5 platforms in this tread. (Which will only work in a Demo trading account!) For the full version you can check out the given links below:

Full Version MT4,
https://www.mql5.com/en/market/product/105500

Full Version MT5,
https://www.mql5.com/en/market/product/105499

THANKS FOR CHECKING THE LINKS!

can I put only stoploss also ?

can I put % of price as stoploss ?

why pay for this $50, if you can get the following for free ?

https://www.mql5.com/en/market/product/115572