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Equity SL and TP Pro

Simplified version (free): https://www.mql5.com/en/market/product/60056


The Pro-Version of „Equity SL and TP“ that can close all (or only certain) of your open positions at once if your equity reaches a defined profit or loss in percent or as amount in your account currency. You can set up conditions for certain positions that should be managed exclusively. The utility will calculate the profit only for the positions which meet the conditions and will close them if one of the closing condition (equity SL or TP) is met.

By placing the utility on multiple charts at the same time with different settings you can achieve very creative setups. If you have specific requirements for your trading account, you can message me and I will tell you if it can be achieved with this utility.


How to use it:

Place the utility on any chart that provides continuous ticks. I recommend to use EURUSD. Set the inputs to your needs. You can double-check them at the dashboard.

I tried to make the inputs as self-explanatory as possible. If something is unclear, please message me.


Features:

  • All conditions can be enabled or disabled independently
  • Equity SL and TP in account currency or percent
  • Emergency SL - if equity falls below a defined value
  • Ignore positions that do not meet the conditions - by symbol (not case-sensitive), direction (buy, sell or both), comment (case-sensitive) and/or magic number
  • Deleting pending orders (conditions for ignoring positions do also apply)
  • Dashboard for double-checking the setup and for details


Testing

You can run a visual Backtest. The utility will provide buttons which allow you to place different types of test-trades. This way you can test most of the features. These buttons are not available for live execution.

The test-trades have these properties:

  • Lot: 0.1
  • Magic: 1000
  • Comment: "test"
  • Pendings: 400 Points (40 Pips) above or below price

To avoid any mistakes in your setup, I recommend to test your desired settings at a demo account as well before going live.


Limitations:

  • If the market is closed for a symbol the position for this symbol will not be closed when equity SL or TP was triggered. The EA will close only the positions for which trading is possible.
  • The Utility cannot prevent an EA from reopening a position.
  • The Utility does not work with Signals. The Signal-Service will always reopen positions, which the Utility can not prevent.
  • Not every EA can be managed effectively with this utility.
  • It is NOT a replacement for setting a Stop-Loss!
  • There is no slippage-limitation.

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Ultimate No Nonsense FX Backtester - You can Run Forward Test Simulation with this tool! Do Not Download the Demo Here, Please Read Below! Join the   discord   for this backtester, you can have my direct support on there. Step by Step Manual Guide PDF for this backtester PDF List of Commands(Shortcuts) for this backtester Ultimate NNFX Backtester is a powerful utility tool that significantly reduces the length of backtesting process for NNFX followers.  As well as for Forex traders that
84.99 USD
Forex Trade Manager MT4
Forex Trade Manager MT4
InvestSoft
Determination of transaction risk by calculating possible profits and losses. Precise designation of TP and SL levels for each transaction. These are the basic activities that every trader of financial markets must face with. The purpose of these calculations is very simple, achieving satisfying profits from FX transactions, with a minimum of risk. This is certainly the dream of each trader. This makes it difficult for new investors to take their first steps in this market.  EA Forex Trade Mana
99 USD
KopirMT4 Copy trades for MT4
KopirMT4 Copy trades for MT4
Alexandr Gavrilin
KopirMT4 (CopierMT4) - transaction copier for the MetaTrader 4 terminal, copies (synchronizes, duplicates) transactions from any accounts (copier, copy dealers).  Supports copying: MT4 <-> MT4, MT4 -> MT5 Hedge, MT5 Hedge -> MT4 Attention  : For correct operation, at least two terminals on one PC / VPS are required. The first for the account from which it will copy (Server), and the second for the account to which it will copy (Client). Demo version  https://yadi.sk/d/UHruyCGcqa04lg MT5  h
38 USD
Mission Automate MT4
Mission Automate MT4
Andrey Barinov
This is a visual strategy builder . The way it is supposed to be. Turn your trading strategies and ideas into Expert Advisors without writing a single line of code. Generate mql source code files with a few clicks and get your fully functional Expert Advisors, which are ready for live execution , strategy tester and cloud optimization . This utility does NOT work in the strategy tester. The DEMO version is here: https://www.mql5.com/en/market/product/30172 More information about the product, inc
199 USD
Trend Line Optimizer
Trend Line Optimizer
Evgenii Aksenov
This is an automatic parameter optimizer for the Trend Line PRO indicator:  https://www.mql5.com/en/market/product/36087 You can easily and quickly select the optimal parameters for your favorite Trend Line PRO indicator. Optimization takes only a few seconds. After testing, the parameters can be saved to a ready-made set file in the folder: MQL4>Files>TrendLineOptimizedSettings Then this set file can be used for the   Trend Line PRO   indicator User's manual:  https://www.mql5.com/en/blo
63 USD
Fibo Alert Ultimate
Fibo Alert Ultimate
ISO Financial Services
This tool adds alerts to your Fibo Retracement and Fibo Expansion objects on the chart. It also features a handy menu to change Fibo settings easily and quickly! Features Alert for Fibo Retracement and Fibo Expansion levels. Sound, Mobile and Email alert. Up to 20 Fibo Levels. Continuous sound alert every few seconds till a user clicks on the chart to turn it OFF. Single sound alert with pop-up window. Keeping all user settings even after changing timeframes. New handy menu to change Fibo sett
31.75 USD
Trade Assistant MT4
Trade Assistant MT4
Evgeniy Kravchenko
Trade Assistant is a trading panel designed for manual trading. The main function of the panel is to set orders and positions using pre-marking in the form of graphic lines on the chart, according to the rule (risk / reward ratio). Key features of the panel It works with any trading instruments - currency pairs, CFDs, stocks, indices, futures, cryptocurrencies. Setting stop loss and take profit as the distance in points. Marking lines of the order: entry, stop loss and take profit can be move
75 USD
VR Watch list and Linker
VR Watch list and Linker
Vladimir Pastushak
VR Watch list and Linker ist ein Berater für die synchrone änderung von Finanzinstrumenten in den geöffneten Fenstern des MetaTrader-Terminals. Wenn Sie ein Handelsinstrument in der Marktübersicht auswählen, erhalten Sie sofort die Charts in den geöffneten Terminalfenstern. Jedes Fenster kann von Ihnen individuell angepasst werden.  Mit dem Programm VR Watch list and Linker können Sie Durchsuchen Sie schnell eine große Anzahl von Finanzinstrumenten und finden Sie die Werkzeuge, auf denen es ho
82 USD
Telegram Signal Trader
Telegram Signal Trader
Ugur Oezcan
Telegram to Metatrader4. Do not miss any trading signal or to be late to enter or exit from telegram channel anymore.  Our tool give user ability to parse all kind of telegram signals. You can use tool with any telegram forex Signal channels. Users can also copy their trades if they are only members of a VIP channel. Admin rights is not required. We include also valuable functions for trader, which you can use independently form channel signals Attach at one chart for trading all symbols from
45 USD
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Equity SL and TP MT5
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Equity SL and TP
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MT5-Version:   https://www.mql5.com/en/market/product/56835 Pro-Version with more features:   https://www.mql5.com/en/market/product/60056 A simple little utility that can close all of your open positions at once if your equity reaches a defined profit or loss (in percent of your account balance). You can use it as an additional risk-management for your manual positions or your EAs. It closes ALL of the positions. It does not care about symbol, magic number, comment or if the trade was place
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JONAS MAURER
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Lot Multiplier Pro MT4
Lot Multiplier Pro MT4
JONAS MAURER
Check out the simplified Free-Version:  https://www.mql5.com/en/market/product/64641 Lot Multiplier Pro MT4 is a utility that can increase the positions of your account by adding additional positions to it. This can be useful in several scenarios: To increase position-sizes when following a Signal To increase position-sizes when using an EA which is locked to a fix lot-size To increase position-sizes when using an EA which is restricted to a max lot-size How does it work? The utility will a
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