Premium Trade Manager v1.1 is out, three days after the panel launched on MQL5 Market. The update delivers the feature traders asked for most: a trailing stop built on FX Trend, Stein's multi-timeframe trend indicator. It is a free update for every owner and arrives through the normal MetaTrader update channel.

Most trailing stops follow price at a fixed distance behind the trade. The FX Trend trailing stop follows the trend structure itself. Its trail level rides the FX Trend line, so while a trend holds the stop gives the trade room, and the moment the trend turns the stop is already in place.

What's new in v1.1

  • FX Trend Trailing Stop: A sixth trailing method joins Break-Even, Classic, Step, ATR and PSAR. The stop rides the FX Trend line, and in All-Symbols mode one chart carries the trail on every open position, each on its own symbol.
  • FX Trend as an Initial SL source: The entry stop can sit on the FX Trend line from the first second of the trade, alongside the existing ATR, manual and fixed-point sources. The trend structure is respected before the position is even running.
  • FX Trend trade filter: The panel reads the trend on a timeframe you choose and flags an entry that runs against it. The check sits on the pre-check line, so you see it before you commit.
  • Pre-Check line: The News, drawdown, spread and trend checks stay visible on the chart even when the panel is minimized for order entry. A toggle in Settings turns the line on or off.
  • Tunable to your style: Periods and Deviation are set right in the panel, so the FX Trend trail can be matched to a scalping timeframe or a swing horizon.

How to switch your trail to FX Trend

  1. Update Premium Trade Manager in MetaTrader (right-click the EA in the Navigator, or let MetaTrader pull the update automatically).
  2. Open the panel Settings and go to the Trailing sub-tab.
  3. Set the Trailing Method to FX Trend. Pick the FX Trend timeframe, and adjust Periods and Deviation if you want a tighter or looser trail.
  4. To put the entry stop on the trend line too, set the Initial SL Source to FX Trend in the same tab.

Pricing

v1.1 is free for every owner. For traders new to the panel, the Founders price is $79 and rises to $95 on May 31. Founders keep the tool and every future update at the price they paid.

Links

Product page with interactive demo: https://stein.investments/products/premium-trade-manager

MQL5 Market listing: https://www.mql5.com/en/market/product/176559

Questions and feedback on the FX Trend trailing stop are welcome in this thread.