We would like to announce the new version of Forex Profit Defender. The new version is 1.2. We have added two new parameters in the new version. They are: InitialStopLoss andInitialTakeProfit. Below you can find more details about these two parameters:

• InitialStopLoss – Value in pips. Initial Stop Loss value for the trades which will be managed by Forex Profit Defender. The default value of InitialStopLoss is 0 which means that this feature is disabled.
• InitialTakeProfit – Value in pips. Initial Take Profit value for the trades which will be managed by Forex Profit Defender. The default value of InitialTakeProfit is 0 which means that this feature is disabled.

In order to activate both parameters you need to set a positive value for each of them. The idea of these two new parameters is to allow the EA to set SL and TP to all managed trades before the Trailing Stop system is activated. It is always good to secure the trades before the Trailing Stop starts working.

If you have any questions about the new parameters comment below or contact us.