Set Profit Automatically

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MT5/Any Trade platform question - 

As an example, Imagine, 
Your Account Balance - $10,000, 
you risk 1% per trade ($100)

You want to place a trade and your 
- Entry Pirce - $100
- SL - $50
- Target is $150 - 

Question 1 - Is it possible to split your profit in to 3 ? ( I want do this automatically for each asset )
- Once the profit fill by 50% take the 50% of your profit ($50)
- Once the profit fill by 25% take the 25% of your profit ($12.50)
- Once the profit fill by100% take remaining  25%  ($12.50)

Question 2 -Is it possible to move your SL to Entry price automatically once the profit hits 50% ?

 
Anjana Milinda:
Question 1 - Is it possible to split your profit in to 3 ? ( I want do this automatically for each asset )
- Once the profit fill by 50% take the 50% of your profit ($50)
- Once the profit fill by 25% take the 25% of your profit ($12.50)
- Once the profit fill by100% take remaining  25%  ($12.50)

Question 2 -Is it possible to move your SL to Entry price automatically once the profit hits 50% ?

  1. Yes. This is known as scaling out, although your numbers are a bit screwy.
  2. Yes. This is known as moving a stop to breakeven.
 
Your topic has been moved to the section: Expert Advisors and Automated Trading
Please consider which section is most appropriate — https://www.mql5.com/en/forum/172166/page6#comment_49114893
 

Yes to all your questions, but to do so, you will need to make use of a custom program, called an Expert Advisor (a program written MQL).

To learn MQL programming, you can research the many available Articles on the subject, or examples in the Codebase, as well as reference the online Book and Documentation.

If you do not want to learn to code, that is not a problem. You can either look at the Codebase if something free already exists, or in the Market for paid products (also sometimes free). However, recommendations or suggestions for Market products are not allowed on the forum, so you will have to do your own research.

Finally, you also have the option to hire a programmer in the Freelance section.

 

Also, as a partial answer to your questions, doing so manually without the use of an Expert Advisor ...

You can manually set 3 separate orders each with the respective part of the total volume and with different take-profit prices, but all with the same stop-loss.

Then you can also set a trailing-stop on each position.

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