Can you also add "Partial Close" as part of profit protection.

i.e. when floating profit reached certain level and then implement certain level of close.

eg when floating profit reached 500 pips, close 50%

when floating profit reached 1000 pips close 80%

when floating profit reached 200 close 25%

JFD has new add on called for MT4+ now available for Demo account (previously only Live account).

It has profit protection features for all trades.  You may want to look at it for some ideas.

Install the MT4+ and under the expert folder, run Trade Terminal in one of the MT4 chart.

In the Trade Terminal, there is Tool tab and the drop down list, there is "Automated Close"

Using the Automated Close, we can set when the Profit protection features will activate.

For eg, I can choose for the profit protection to be activated when the position is greater or equal to 150 pips and set SL to 50 pips and then add in Trailing at 300 pips.

You can add more than 1 rules. 

I wish JFD has a profit protection features like the guaranteed profit for BE. 

There are many other click and match options.  You can even save the template and click to activate it as and when you want.  There are other features too.

Attach is the screen shot for reference.

While I'm still waiting for FSB to update with all these new features.  I am trying out JFD Trade Terminal Automated Close to test out which settings are most suitable for my EAs and so that when FSB is ready with the profit protection features, I would already know what settings I want to add to my FSB EA from the observation I've made via JFD Trade Terminal.

For those who want to find out more and read about the add on MT4+ features...below is the link (I'm not here to promote JFD, but to share resources for all to consider and improve our trading results).  Ultimately, we want all the protection features to be fully incorporated into our EA and not depend on another platform to implement it.  Meanwhile, at least we can have the JFD features to test run these profit protection features to search for the best options to incorporate into our FSB EA in future.

https://www.jfdbrokers.com/solutions/ma … der-4.html

The Stop Loss and Take Profits work well. It is easy to add many variants.

Here is a SL and TK calculated by using Standard Deviation. (Bollinger Bands)

Unfortunately, I'm not ready with a public demo at that moment. You can expect it on the next weekend.

Popov are you going to release public demo today as you mentioned last week?

Excellent work Popov!  I like the idea that every stop indicator also works as a trailing stop.

Now we are spoilt with choices...that's good as long as we don't behave like brat.

Question: I am assuming that these new profit protection features can be used together with our closing logic conditions, not either/or but and/or right?

Yes, of course.  The closing points and conditions are working as expected.
I introduced a new indicator "No Exit" in order to make an automatic conversion of the strategies saved with "Stop Loss", "Take Profit", Trailing Stop"... to the new format. If you open such strategy, the program will set "No Exit" for Closing  Point and will put the corresponding new protection indicator.

Every Stop Loss indicator will be able to work also as a Trailing Stop. You can see the "Trailing mode" option on the screenshot.

Thank you!

Surely it's worth the waiting...

Question: I am assuming that these new profit protection features can be used together with our closing logic conditions, not either/or but and/or right?

Here is a SL and TK calculated by using Standard Deviation. (Bollinger Bands)

Unfortunately, I'm not ready with a public demo at that moment. You can expect it on the next weekend.

Perfection comes in steps at times.

You have made great progress already.

Thanks for all the efforts you make to improve the program each week.

daveM