SL and TP Setter

4

You can manually open a trade (one click), and this EA will take care of setting the SL and TP.

SL and TP are set based on the number of pips you specify in the input screen.

You can also choose monetary SL and TP.

SL and TP are determined based on the weighted average price (WAP), so if you open a new trade, SL and TP will be updated according to the new WAP.

The WAP is not unique but differentiated between buy and sell trades (this is useful only if you open opposite trades on the same chart).


Note: If you use SL and TP in pips, to ignore monetary SL and TP, you must set high values for the monetary parameters so that only the pips are considered.
Conversely, if you want to use monetary SL and TP, you should set a high number of pips.


You can use the EA on your own PC if you trade on MT4 desktop.

If you install the EA on a VPS, you can open trades from your smartphone, and the EA will set SL and TP for you.

The Magic Number should always remain 0 (it identifies manual trades).




















































































































































Reviews 1
Hendrikus Pelgrim
1202
Hendrikus Pelgrim 2025.03.14 18:18 
 

okay

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Trade Dashboard MT4
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Trade Dashboard simplifies how you open, manage, and control your trades, with built-in lot size calculation. It allows you to execute trades, manage risk, and control positions directly on the chart, with tools such as partial close, breakeven, and trailing stop. Designed to reduce manual work and help you stay focused on your trading decisions. A demo version is available for testing. Detailed explanations of features are provided within the MQL5 platform. Installation instructions are include
News Filter EA MT4
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News Filter EA: Advanced Algo Trading Assistant News Filter EA is an advanced algo trading assistant designed to enhance your trading experience. By using the   News Filter EA , you can integrate a Forex economic news filter into your existing expert advisor, even if you do not have access to its source code. In addition to the news filter, you can also specify   trading days   and   hours   for your expert. The News Filter EA also includes   risk management   and   equity protection   features
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Coppy Master MT4   is a trade copier tool for MetaTrader 4 and MetaTrader 5 terminals. It supports copying in both directions: from MT4 to MT5, from MT5 to MT4, as well as between accounts of the same type MT4 to MT4. To work correctly, all terminals must be running on the same PC or VPS. [ Instruction  and Demo ]  For copying to MetaTrader 4, a separate version —   Coppy Master MT5   — is required. Main Features: Copying Modes Supports both Master and Receiver roles. Flexible setup for sending
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Backtest with good trend detection results from January 2023 EURUSD Time frame: m15, m30, H1 AUDUSD Time frame: m15, m30 NASDAQ Time frame: m15 S&P 500 Time frame: m15, m30 XAUUSD Time frame: m30 BTCUSD Time frame: H4 These are just some of the assets tested (Please note that past results are no guarantee of future results). Note that this is not a complete strategy, you can use this indicator as an entry trigger after your analysis by setting stop loss and take profit values ​​that you deem
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4 buttons for managing your trades. Close All : will close all open positions on the current chart Delete All : will delete any pending orders on the current chart SL + 1 : will move the stop loss 1 pip closer to the breakeven point on all open trades on the current chart Delete SL : will remove the stop loss for all open positions on the current chart Useful for everyone who opens multiple positions on the same asset, where fast execution is essential.
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For use, it is necessary to have both the Hedging or Arbitrage Transmitter and the Hedging or Arbitrage Receiver , and they must run on the same PC or VPS. Hedging or Arbitrage Transmitter It must be installed on the account where the trades will be opened first (preferably the PROP account). In the INPUT section, choose the monetary SL and TP you want on the Transmitter account (PROP) and the monetary SL and TP you want on the Receiver account (Real Account). PollIntervalMs indicates how many
Hedging or Arbitrage Transmitter
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For use, it is necessary to have both the Hedging or Arbitrage Transmitter and the Hedging or Arbitrage Receiver, and they must run on the same PC or VPS. Hedging or Arbitrage Transmitter It must be installed on the account where the trades will be opened first (preferably the PROP account). In the INPUT section, choose the monetary SL and TP you want on the Transmitter account (PROP) and the monetary SL and TP you want on the Receiver account (Real Account). PollIntervalMs indicates how many
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Hendrikus Pelgrim
1202
Hendrikus Pelgrim 2025.03.14 18:18 
 

okay

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