How to use Forex Profit Defender to set Trailing Stops to other forex robots trades?

Many forex robots available in the forex market don't support trailing stop functionality. We all know how useful is to have this functionality in our forex robots. Trailing Stop means more security. It also means that the robot will protect every positive trade and there is no chance a trade in a good profit to become a losing trade.

Forex Profit Defender is the exact tool you need in case that your forex robots don't have Trailing Stop functionality. We are going to explain how to use Forex Profit Defender to manage other robots trade and set Trailing Stop according to your needs and expectations.

99% from the forex robots have a parameter called Magic Number. This is a unique number which the robots use to determine its own trades. Thanks to this number you can easily configure Forex Profit Defender to follow these forex robots trades and set Trailing Stop to these trades. The only thing you have to do is to enter the magic numbers of your other forex robots in the following Forex Profit Defender settings:

- FollowMagic_1
- FollowMagic_2
- FollowMagic_3


Here is an example:

Our Forex Trend Hunter magic number is 159753. The magic number of Dynamic Pro Scalper is 654654. Here is how you can configure Forex Robot to follow the trades of these two robots:

FollowMagic_1 = 159753
FollowMagic_2 = 654654


Now Forex Profit Defender will watch Forex Trend Hunter and Dynamic Pro Scalper trades and set Trailing Stop to these trades. You can do this with any other forex robot available in the market. As we said almost all forex robots have Magic Number.

In case that this is not clear please comment below or contact us and we will help you.


Comments

Hi, As i understand the only thing i have to do is to enter my other expert advisors magic numbers in FollowMagic_1, FollowMagic_2 and FollowMagic_3. This means that the robot can watch and manage the trades of up to 3 expert advisors? Am i right?

TAKEHIRO: Hi, As i understand the only thing i have to do is to enter my other expert advisors magic numbers in FollowMagic_1, FollowMagic_2 and FollowMagic_3. This means that the robot can watch and manage the trades of up to 3 expert advisors? Am i right?
Hello Takehiro, Yes you are right. You can manage the trades of up to 3 expert advisors. You need to enter their magic numbers separately in the parameters FollowMagic_1, FollowMagic_2 and FollowMagic_3.

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