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Trailing Stop Protected V1 (MT5) — review, price and free alternatives
MT5 expert advisorfree on MQL5by Manh Tuan Bui
Trailing Stop Protected V1 is a free MetaTrader 5 expert advisor by Manh Tuan Bui on the MQL5 Market — download it there; we host no third-party files. We haven't run it ourselves, so this page sticks to what its listing says and what to check before you use it.
Trailing Stop Protected V1 — key facts
- Platform
- MetaTrader 5 (MT5)
- Product type
- Expert advisor
- Developer
- Manh Tuan Bui
- Price
- Free
- Listing
- MQL5 Market (mql5.com)
- FxRobotEasy verification status
- FxRobotEasy has not traded Trailing Stop Protected V1 on a live account and publishes no broker-verified performance record for it.
Last updated
What the developer says
Trailing Stop Protected EA V1 is a tool that automatically removes the stop loss after the price has reached a certain profit margin.
Before you use Trailing Stop Protected V1
What the developer claims
- It helps traders manage risk and optimize profits in trading.
- Automatically set stop loss (SL) and take profit (TP) based on input parameters.
- Automatically remove the stop loss when the running order reaches a defined profit target.
Quoted from the listing. We have not tested these claims.
What to check first
- A live track record. Ask for an MQL5 signal on a real account, ideally three months or longer. Back-tests and screenshots are not a track record.
- Where you download it. Only from its MQL5 page — copies passed around elsewhere can be altered.
- Risk controls. Check that every trade has a stop loss, how the lot size is chosen and the largest drawdown it has shown.
- Broker conditions. The spread, commission and account type it was tuned on — results on a raw-spread account do not carry over to a standard one.
- Updates and support. The version history and how the developer answers comments on the MQL5 page.
Editorial notes on Trailing Stop Protected V1
Compiled from its public MQL5 listing. FxRobotEasy has not traded Trailing Stop Protected V1; what these notes say about how it works comes from that listing.
Overview
The Trailing Stop Protected V1 is centered on two core functions: automated SL/TP placement from configurable inputs and automatic stop loss removal when a running order reaches a defined profit threshold.
What makes Trailing Stop Protected V1 unique is its straightforward removal mechanism combined with standard SL/TP automation; it avoids complex signal generation and focuses on trade management. The algorithm monitors each executed position and evaluates a profit target condition before deleting the stop loss, allowing the trade to continue without an attached SL while relying on trailing logic or manual intervention. The EA handles trending conditions and range breakouts well when parameters are tuned; it is less effective in highly erratic, low-liquidity sessions.
Risk management is primarily enforced through initial SL and configurable profit thresholds, supplemented by recommended position sizing and broker selection. Expected performance characteristics include moderate win rates with occasional extended winners, drawdowns controlled by initial stops, and a trade frequency that depends on selected symbols and timeframes. Manh Tuan Bui designed the tool for MT5 users who prioritize trade management automation over predictive entry systems.
Risk notes
The risk level for Trailing Stop Protected V1 is moderate when configured with conservative parameters. The stop loss strategy uses an initial SL placed automatically and a removal trigger that deletes SL when a profit threshold is met, which can expose positions to overnight gaps or sudden reversals. Position sizing should follow fixed-fractional rules, such as risking 0.5-2% of equity per trade, to limit portfolio-level exposure. Vulnerabilities include high-impact news events and thin market liquidity that can cause slippage or stop removal to backfire.
Listed strengths
- Automates SL and TP placement to enforce risk discipline
- Removes stop loss to capture extended trending moves
- Simple setup on MT5 for both desktop and mobile
- User-adjustable parameters for risk and trade frequency
Worth checking
- No built-in entry signal generation
- Exposure to gaps when stop loss is removed
- Performance depends heavily on parameter tuning
Setup
Install the EA on MT5 by copying the Trailing Stop Protected V1 expert file to the MQL5 Experts directory and restarting the platform. Attach the EA to the chosen chart and enable algorithmic trading in MT5. Configure key parameters including initial stop loss distance, take profit level, profit removal threshold, risk per trade, and allowed trading hours. Use ECN or STP brokers with low spreads and fast execution for best results. Optimal chart timeframes are H1 to D1 for balanced frequency; test aggressively on demo accounts and run at least 30 days of forward testing before live deployment.
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EASY Fortressby FxRobotEasy
Free MT5 account guard — daily loss limit and drawdown lock. It opens no trades.
- Get the installer on a Windows PCNo sign-up to download. On a phone, send yourself the link.
- Run it and sign in inside the appGoogle, Telegram or e-mail — about 10 minutes in all.
- Pick EASY Fortress and set your limitsIt guards the account and opens no trades.
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The team's notes, every day
- What we ship, what breaks and how we fix it
- EASY Fortress in our bot — set up from your phone, run it on a Windows PC
- Questions answered in the bot
Trailing Stop Protected V1 or EASY Fortress?
| Trailing Stop Protected V1 | EASY Fortress | |
|---|---|---|
| How you get it | Free on MQL5 | Free installer |
| Platform | MT5 | MT5 |
| Public account reports | — | Not applicable |
| Made by | Manh Tuan Bui | FxRobotEasy |
Trailing Stop Protected V1 — questions
What is Trailing Stop Protected V1?
Trailing Stop Protected V1 is a MetaTrader 5 Expert Advisor (trading robot) published on the MQL5 Market by Manh Tuan Bui, and it is listed at no charge. As an Expert Advisor it can open and manage positions on its own once it is attached to a chart and algorithmic trading is enabled in the terminal.
What strategy does Trailing Stop Protected V1 use?
What makes Trailing Stop Protected V1 unique is its straightforward removal mechanism combined with standard SL/TP automation; it avoids complex signal generation and focuses on trade management. The algorithm monitors each executed position and evaluates a profit target condition before deleting the stop loss, allowing the trade to continue without an attached SL while relying on trailing logic or manual intervention. The EA handles trending conditions and range breakouts well when parameters are tuned; it is less effective in highly erratic, low-liquidity sessions.
Does Trailing Stop Protected V1 work on MT4 or MT5?
Trailing Stop Protected V1 runs on MetaTrader 5, not MetaTrader 4. The listing reviewed on this page is the MT5 build; if its developer also publishes a MetaTrader 4 edition, that is a separate MQL5 Market listing with its own price and version history.
Is Trailing Stop Protected V1 free to download?
Yes -- Trailing Stop Protected V1 is listed on the MQL5 Market at no charge, as recorded when its listing was last checked on 2026-01-09. The file is downloaded from the developer's (Manh Tuan Bui) product page on mql5.com and installed into MetaTrader 5.
Is there a verified track record for Trailing Stop Protected V1?
FxRobotEasy has not traded Trailing Stop Protected V1 on a live account, so no independently verified track record for it is published here. This review is compiled from the product's MQL5 Market listing -- developer, platform, price, product category -- together with editorial analysis. Any back-tested or simulated figures shown alongside it are simulations rather than live trading results, and any performance claim you find for Trailing Stop Protected V1 elsewhere comes from its developer or from a third party.
How is Trailing Stop Protected V1 installed and set up?
Install the EA on MT5 by copying the Trailing Stop Protected V1 expert file to the MQL5 Experts directory and restarting the platform. Attach the EA to the chosen chart and enable algorithmic trading in MT5. Configure key parameters including initial stop loss distance, take profit level, profit removal threshold, risk per trade, and allowed trading hours. Use ECN or STP brokers with low spreads and fast execution for best results. Optimal chart timeframes are H1 to D1 for balanced frequency; test aggressively on demo accounts and run at least 30 days of forward testing before live deployment.
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Product data from the MQL5 marketplace. Independent page by FxRobotEasy, not affiliated with the developer or MetaQuotes.
Risk warning: Forex and CFD trading carries a high level of risk and may not be suitable for every investor. Past performance is not indicative of future results. Read our risk warning and review methodology.