One Gold Sell Stop, Every Exit Set Before Entry

Managing every exit by hand keeps me watching the chart. Gold fell strongly on 10 November, then pulled back overnight and into the morning of 11 November. I targeted the pullback’s local low to catch a continuation of the move down.

On 11 November at 09:45 terminal time, I placed a Sell Stop at 4040.60, stop loss 4067.30. Easy Trade Executor, the panel I developed, calculated the lot size from 4% deposit risk.

Before the fill, I set TP1 4026.50 to close 25%, TP2 4014.00 to close 50%, and TP3 3950 for the rest. At 4014, the stop moves to breakeven and trailing starts at a distance of 25 USD (25.00 in price). The rest closes at TP3 or the trailing stop, whichever comes first.

I dragged entry, stop-loss and final-TP lines; the panel recalculated lot size and money values. I also dragged breakeven, TP1, TP2 and trailing-start lines, then clicked Save. The panel supports up to five TP levels in MT5.

Figure 1. Trade setup in Easy Trade Executor.

The order filled on 11 November at 14:55 at 4040.56. At 16:32, TP1 closed 25% (+42.06 USD). At 16:37, TP2 closed 50% at 4014.04 (+185.64 USD), the stop moved to breakeven and trailing started. The trailing stop closed the rest on 12 November at 02:56 at 3994.30 (+185.04 USD). Price never reached TP3 at 3950. Total: +412.74 USD on a 10,000 USD test deposit.

Figure 2. How the trade went.

Breakeven, partial take profits and trailing run in parallel on one position once configured. The terminal must stay on.