What is ghost SL & TP and how to use it

Ghost SL & TP is a free expert advisor (EA) for the MetaTrader 4 platform that allows traders to hide their stop-loss and take-profit levels from the trading server. This EA is designed to help traders manage their risk and protect their positions from being exploited by stop-loss hunting brokers or other traders. Here's how to use the Ghost SL & TP EA: 1. **Download and Install**: Download the Ghost SL & TP EA from the internet and install it on your MetaTrader 4 platform. 2. **Set Up**: Open the EA and set your desired stop-loss and take-profit levels. These values will be kept secret from the trading server. 3. **Risk Management**: The EA allows you to set a stop-loss and take-profit for your trades, which is important for risk management. By hiding these values, you can avoid being exploited by brokers or other traders who might try to stop-loss hunt. 4. **Monitor Trades**: The EA will monitor your trades and automatically trigger the stop-loss or take-profit when the pre-set levels are reached. 5. **Benefits**: Using the Ghost SL & TP EA can help you protect your trades from being manipulated by stop-loss hunting tactics and ensure that your risk management strategies remain confidential. Remember, while the Ghost SL & TP EA can help protect your trades, it's still important to be aware of market dynamics and to set stop-loss and take-profit levels wisely. Always perform thorough research and consider your own risk tolerance before engaging in any trading activities.