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SimpleStop

SimpleStop is a utility for professional traders:

  • full support for the strategy tester for manual trading (Backtest) - placing, dragging, deleting orders (also available in the demo version);
  • placing orders in one click at the price with no limits on the maximum allowed offset level, as well as in a closed market. The EA places an appropriate order at the appropriate time - stop, limit or opening a position by market within the maximum slippage;
  • automatic Money Management;
  • automatic placement of StopLoss and TakeProfit;
  • management of the Breakeven level;
  • automatic Trailing stop.

Placing orders:

  1. press the Buy stop/limit button for a buy order or the Sell stop/limit button for a sell order.
  2. Hover the mouse cursor over the desired place on the chart and click the left mouse button. The EA will place the most appropriate order type: market buy-stop or limit order. If it is impossible to place an order (price is too close to the market price, market is closed, etc.), the EA creates a "virtual" pending order, which is placed on the market when a suitable case arises (price leaves the range, market opens, etc.).
  3. graphical objects are displayed for the virtual pending orders - horizontal lines.

Moving the StopLoss and TakeProfit levels

  • move SL to the required distance, TP is calculated automatically according to the TP / SL ratio parameter. If Ratio=150, SL=200, then TP will be placed at 300 (=200 * 150%). The number of lots is recalculated to meet the MM conditions.
  • move TP to the required distance, SL is not recalculated.

Managing breakeven and trailing stop

Price must reach a certain level (the Breakeven / SL ratio parameter), then SL is automatically moved to breakeven (the Breakeven SL parameter).

If the Trailing button is pressed, the SL level will follow the price.


Input parameters

Money Management:

  • Use fixed lots - fixed lot size (true) or a percentage of the deposit (false)
  • Trade lots - volume for trading a fixed lot
  • 1 Trade loss, % of Balance - size of the allowed loss in one trade as a percentage of the deposit
  • Gross loss, % of Balance - maximum allowed loss of all orders placed simultaneously as a percentage of the deposit
  • Max. margin, % Balance - maximum total margin of all orders placed simultaneously as a percentage of the deposit

Ratios:

  • Initial SL type - the StopLoss level when placing an order:
    • Fixed offset in points - fixed StopLoss offset in the price points
    • ATR(24) - StopLoss based on the value of Average True Range (24)
    • Min / max of price channel - StopLoss at the level of the price channel, if placing at the channel price is not possible - fixed offset in points
  • Initial SL, points - the number of price points for the StopLoss offset if the Fixed offset in points option is used
  • TP / SL ratio, % - the TakeProfit level as a percentage of StopLoss
  • Breakeven / SL ratio, % - price level as a percentage of StopLoss, at which StopLoss is moved to breakeven
  • Breakeven SL, % - price level as a percentage of StopLoss, where the StopLoss is moved once the Breakeven level is reached

Slippage - used for opening deals by market:

  • Max. slippage same dir. - maximum slippage in the price points in the order execution direction
  • Max. slippage opposite dir. - maximum slippage in the price points in the opposite direction

Deleting orders:

  • Remove order on - delete the pending order if the following condition is met:
    • Do not remove orders - never delete orders
    • SL break - delete the order if the price exceeded the StopLoss
    • SL and TP break - delete the order if the price exceeded the StopLoss or TakeProfit

Notifications:

  • Notification - type of notifications:
    • None - do not send notifications
    • Alert - alert in the MetaTrader 4 terminal
    • Print - output text in the terminal window
    • Push notification - push notification to mobile device

Colors:

  • Text color - color of the main text
  • Order label color - color of the pending order labels
  • Open line color - color of the Open price level of the pending order
  • SL line color - color of the StopLoss level of the pending order
  • TP line color - color of the TakeProfit level of the pending order

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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
Click and Go Trade Manager
Victor Christiaanse
5 (11)
Click and Go Trade Manager, the ultimate solution for seamless trading execution. With a simple click on the chart, you can effortlessly define your stop loss, entry price, and target levels. No more hassle of inputting values manually - it's made incredibly intuitive and easy. Embedded risk management is a key feature of our Trade Manager. We understand the importance of protecting your investments, which is why the Click and Go Trade Manager incorporates risk management. When placing orders,
Take a Break
Eric Emmrich
5 (26)
The most advanced news filter and drawdown limiter on MQL market NEW: Take a Break can be backtested against your account history! Check the " What's new " tab for details. Take a Break has evolved from a once simple news filter to a full-fledged account protection tool. It pauses any other EA during potentially unfavorable market conditions and will continue trading when the noise is over. Typical use cases: Stop trading during news/high volatility (+ close my trades before). Stop trading when
Risk Manager for MT4
Sergey Batudayev
4.5 (8)
Expert Advisor Risk Manager für MT4 ist ein sehr wichtiges und meiner Meinung nach notwendiges Programm für jeden Trader. Mit diesem Expert Advisor können Sie das Risiko in Ihrem Handelskonto kontrollieren. Die Risiko- und Gewinnsteuerung kann sowohl monetär als auch prozentual erfolgen. Damit der Expert Advisor funktioniert, hängen Sie ihn einfach an das Währungspaardiagramm an und legen Sie die akzeptablen Risikowerte in der Einzahlungswährung oder in % des aktuellen Guthabens fest. PROMO
MT4 To Notion
DaneTrades Ltd
5 (2)
Dieses Programm ermöglicht es Ihnen, alle Ihre Trades von Ihrem MetaTrader-Konto direkt in Notion zu exportieren, und das mit einer sehr benutzerfreundlichen Oberfläche.  MT5-Version  |  Benutzerhandbuch + Demo Zum Einstieg verwenden Sie bitte das Benutzerhandbuch und laden Sie die Notion-Vorlage herunter. Wenn Sie eine Demo möchten, gehen Sie bitte zum Benutzerhandbuch. Funktioniert nicht im Strategietester! Hauptfunktionen Exportieren Sie alle Trades von Ihrem Handelskonto in Ihr Notion Export
Trade Copier Global
Laszlo Tormasi
5 (17)
Trade Copier Global: The name speaks for itself. This copier allows you to copy orders between MT4 terminals even if they are not installed on the same computer. Features Copying trades between MT4 terminals around the world with a short delay. Automatically recognizes symbol prefixes. Can connect many Slaves to the same Master. Supports pending and market orders. Supports partial order close (with limitations, see below) Can send messages and notifications to the Slaves from the Master Severa
RedFox Copier Pro
Rui Manh Tien
4.75 (12)
FREE SIGNAL CHANEL:  https://t.me/redfox_daily_forex_signals Time saving and fast execution Whether you’re traveling or sleeping, always know that Telegram To Mt4 performs the trades for you. In other words, Our   Telegram MT4 Signal Trader  will analyze the trading signals you receive on your selected Telegram channels and execute them to your Telegram to MT4 account. Reduce The Risk Telegram To Mt4   defines the whole experience of copying signals from   Telegram signal copier to mt4  p
CloseIfProfitorLoss with Trailing
Vladislav Andruschenko
4.87 (30)
Schließen von Positionen in MetaTrader 4 nach Erreichen des Gesamtgewinns / -verlusts mit der Gewinnverfolgungsfunktion. Sie können die   virtuellen Stopps (separate Reihenfolge) aktivieren. Berechnung und Abschluss für   BUY- und SELL-Positionen getrennt (Separate BUY SELL)   , Schließen und Berechnen   aller Symbole oder nur des aktuellen Symbols (Alle Symbole)   , Trailing for Profit   aktivieren   (Trailing Profit) Schließen Sie den Gesamtgewinn und -verlust der Einlagenwährung, Punkte,% de
ADAM for FTMO 40
Vyacheslav Izvarin
ADAM EA Special Version for FTMO  Our 1st EA created using ChatGPT technology Trade only GOOD and checked PROP FIRMS  Default parameters for Challenge $100,000 Tested on EURUSD and GBPUSD only  Use 15MIN Time Frame Close all deals and Auto-trading  before Weekend at 12:00 GMT+3  Friday For Prop Firms MUST use special Protector  https://www.mql5.com/en/market/product/94887 Signal using ADAM  https://www.mql5.com/en/signals/2190554 --------------------------------------------------------------
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