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Auto Stop Loss All Trades MT4

This is a simple utility which will put Automatic Stop Loss and Take Profit on all your open trades. The input value of the Stop Loss and Take Profit is in Pips. Whenever you open a trade it will put stop loss and take profit in pips automatically.

*If you need a more practical stop loss and take profit for your trades then you may like this ATR indicator based stop loss utility, Here!

Inputs:

1. SL and Trailing SL - This is the Stop Loss value in Pips. Also used as Trailing Stop Loss if, "Use Trailing = true".

2. Trailing Steps - This is the steps value in pips for trailing the stop loss.

3. Take Profit pips - Take profit value in Pips.

4. Break Even pips - Take Profit value at which the stop loss gets moved to the break even point.

Stop Loss (SL) and Take Profit (TP) orders based on fixed pips are commonly used tools in trading to manage risk and lock in profits. These orders are not dependent on market volatility or indicators like the Average True Range (ATR). Instead, traders set fixed price levels for these orders. Here's an explanation of Stop Loss and Take Profit based on fixed pips:

 

1. **Stop Loss (SL): **

   - A stop loss is an order placed by a trader to limit potential losses on a trade by specifying a fixed price level at which the position should be automatically closed.

   - When setting a stop loss based on fixed pips, the trader determines how many pips they are willing to risk on a trade.

   - For example, if a trader enters a long position (buy) at 1.2000 on a currency pair and wants to limit potential losses to 20 pips, they would set their stop loss at 1.1980 (1.2000 - 20 pips).

   - The purpose of a stop loss is to protect the trader from excessive losses in case the market moves against their position.

 

2. **Take Profit (TP): **

   - A take profit is an order placed by a trader to lock in profits by specifying a fixed price level at which the position should be automatically closed.

   - When setting a take profit based on fixed pips, the trader determines how many pips they want to make as profit before closing the trade.

   - For example, if a trader enters a long position at 1.2000 and wants to take profit at 1.2040, they would set their take profit at 1.2040 (1.2000 + 40 pips).

   - The purpose of a take profit is to ensure that the trader captures a certain amount of profit when the market moves in their favor.

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Trade Copier Pro is a tool to copy trade remotely between multiple MT4/MT5 accounts at different computers/locations over internet. This is an ideal solution for signal provider, who want to share his trade with the others globally on his own rules. One provider can copy trades to multiple receivers and one receiver can get trade from multiple providers as well. The provider can even set the subscription expiry for each receiver, so that receiver will not be able to receive the signal after that
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Vladislav Andruschenko
4.88 (60)
Utilitys
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Forward Alert To Telegram
Trinh Dat
4.73 (11)
Utilitys
The Expert Advisor will help you forward all pop-up alert with screenshot from  MetaTrader 4 to Telegram channel/ group, also forward all notifications to Telegram. Parameters  -  Telegram Bot Token - create bot on Telegram and get token.  -  Telegram Chat ID  - input your Telegram user ID,  group / channel ID  -  Forward Alert - default true, to forward alert.  -  Send message as caption of Screenshot - default false, set true to send message below Screenshot  How to setup and guide  - Telegram
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Alfiya Fazylova
4.71 (17)
Utilitys
Grid Manual ist ein Trading-Panel zum Arbeiten mit einem Raster von Orders. Das Dienstprogramm ist universell, verfügt über flexible Einstellungen und eine intuitive Benutzeroberfläche. Es arbeitet mit einem Raster von Aufträgen nicht nur in Richtung Verlust, sondern auch in Richtung steigender Gewinne. Der Händler muss kein Orderraster erstellen und pflegen, all dies wird von "Grid Manual" erledigt. Es genügt, eine Order zu eröffnen und das "Grid Manual" erstellt automatisch ein Orderraster daf
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Hispraise Chinedum Abraham
5 (2)
Utilitys
Das Custom Ultimate Sniper Dashboard ist ein EA-Upgrade des ursprünglichen Ultimate Sniper Dashboard-Indikators. Er arbeitet mit bis zu 98 verschiedenen Algorithmen, um sicherzustellen, dass er die wahre Natur eines Trends in einer Anlageklasse, mit der Sie arbeiten, einfängt. Es ist eine direkte Antwort auf viele Vorschläge und Ratschläge, die wir von den meisten unserer Kunden über mehrere Monate hinweg erhalten haben.   Diese benutzerdefinierte Version ist vollständig anpassbar. Sie wird
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Trinh Dat
4.29 (7)
Utilitys
The Expert Advisor will send notifications via Discord when orders are opened/modified/closed on your MetaTrader 4 account. - Send message and screenshot to Discord group/channel.  - Easy to customize message.  - Support custom message for all languages - Support full Emoji.  - Send report Daily, Weekly, Monthly ( must show all history of orders ) Parameters - Discord url Webhook - create webhook on your Discord channel. - Magic number filter - default all, or input magic number to notify with
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Nguyen Van Anh
4.5 (4)
Utilitys
MT4 Alert Signal Trader  is an EA that helps you trade MT4 Alert popup. Some indicators can provide signals by showing an alert popup containing signal texts. This EA will read and trade these signal texts. The alert texts should contain at least 2 elements:  (1) a symbol text   (ex: "EURUSD") and  (2) a command type   (ex: "Buy", "Sell", "Close") that trigger EA's trading activities. Some other contents that may have or not are open price, stop loss, take profit values... The EA needs an aweso
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Lukas Roth
5 (3)
Utilitys
Der MT4 to Discord Signal Provider ist ein benutzerfreundliches, vollständig anpassbares Werkzeug, das speziell dafür entwickelt wurde, Handelssignale direkt an Discord zu senden. Dieses Tool verwandelt Ihr Handelskonto in einen effizienten Signalanbieter. Passen Sie die Nachrichtenformate Ihrem Stil an! Wählen Sie für eine einfache Verwendung aus vorgefertigten Vorlagen und entscheiden Sie, welche Nachrichtenelemente einbezogen oder ausgeschlossen werden sollen. [ Demo ] [ Handbuch ] [ MT5-Vers
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Lukas Roth
4.63 (19)
Utilitys
Der OrderManager , eine revolutionäre Hilfssoftware für den MT4 Verwalten Sie Ihre Trades wie ein Profi mit der brandneuen Order Manager-Hilfssoftware für MetaTrader 4. Entwickelt mit einem Fokus auf Einfachheit und Benutzerfreundlichkeit, ermöglicht Ihnen der Order Manager, das mit jedem Trade verbundene Risiko mühelos zu definieren und zu visualisieren. So können Sie fundierte Entscheidungen treffen und Ihre Handelsstrategie optimieren. Für weitere Informationen zum OrderManager, konsultieren
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Roman Podpora
5 (3)
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-  Version MT5  (Coming soon) An instrument capable of instantly calculating position size or risk based on a specified stop-loss level is critically important for both professional traders and beginners. Trading utility  TRADE PRO   provides fast and accurate calculations, helping you make decisions in conditions of limited time and increased market volatility. Main functions: Original. Simple. Effective. Original and convenient opening of the main trading panel: Simply hover your mouse over th
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Prafull Manohar Nikam
Indikatoren
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Prafull Manohar Nikam
Experten
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Version 1.1 2024.02.15
Added few things based on user requests:
1. Optional Trailing Stop Loss
2. Optional Break Even Point