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BreakEven Grid Utility for MT4

30 USD

Demo downloaded: 2

Published: 1 July 2025

Current version: 1.12

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BreakEven Grid Utility for MT4

Utilities
Sergey Batudayev
Sergey Batudayev
Software Developer at MQL5

Turkmenistan

28500
4.5 (139)
- https://www.mql5.com/en/users/batudaev/seller
Hello!
My name is Sergey, I have been trading in financial markets since 2014. Since 2018, I have been developing applications and utilities that I myself use in my trading.
I have a master's degree in finance.

80 products 1 topic 20 comments
Version: 1.12
Updated: 26 August 2025
Activations: 5

BreakEven Grid Utility for MT4

BreakEven Grid is a powerful utility for manual trade management on the MetaTrader 4 platform. It provides a convenient on-screen panel with buttons to help you manage your open positions with a single click.

Features:

Set BE+Profit: Automatically sets Take Profit to breakeven + desired profit in pips or money.
Close BUY/SELL: Instantly close all Buy or Sell orders for the current symbol.
Close +$/-$/Old/New: Close only profitable, losing, oldest or newest trades.
Set TP: Assign a default TP level (in pips) to all open orders.
Customizable Panel: Change position and size of the buttons as needed.
Live Profit Display: Shows total profit in pips and USD in real-time.

Risk Management:

Total Stop Loss (optional): You can set SL based on pips or a percentage of your balance.
Breakeven offset can be based on fixed pips or a specific amount in money.

Parameters:

BreakevenProfitPips – Pips to add to breakeven (0 = off)
BreakevenProfitMoney – Profit in money to add to breakeven (0 = off)
TotalStopLossPips – SL in pips for all positions (0 = off)
TotalStopLossPercent – SL as % of balance (0 = off)
DefaultTP_Pips – Default Take Profit in pips
PanelX / PanelY – Position of the panel on screen
BtnW / BtnH – Width and height of buttons

Compatibility:

Platform: MetaTrader 4
Symbol-specific: Applies only to the current chart symbol
Works with market and pending orders

Notes:

This is a manual utility and does not open any trades on its own.
Make sure automated trading is enabled in your terminal settings.

Need help?

Join our community and share your results, questions, and feedback on MQL5 and Telegram:

MQL5 Channel
Telegram Channel @AlgoTrader_Sergey

Smart risk management is just one click away!

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Screenshot #1 BreakEven Grid Utility for MT4

Screenshot #2 BreakEven Grid Utility for MT4

Screenshot #3 BreakEven Grid Utility for MT4

Screenshot #4 BreakEven Grid Utility for MT4

Screenshot #5 BreakEven Grid Utility for MT4

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AI Trade Analyzer is an intelligent market analysis tool implemented in the indicator format. The program visualizes signals on the chart and helps the trader evaluate the market situation based on technical indicators and news background. Supported Models: The indicator is compatible with current ChatGPT models, including GPT-5.5 , GPT-5.4 , GPT-5.4-mini , GPT-5.4-nano , GPT-5.1 , GPT-4o , GPT-4o-mini , O1 , and GPT-3.5-turbo . GPT-5.5 is the newest model in the list, designed for deeper marke

Expert Advisor Risk Manager for MT5 is a very important and in my opinion necessary program for every trader. With this Expert Advisor, you will be able to control the risk in your trading account. Risk and profit control can be carried out both in monetary terms and in percentage terms. For the Expert Advisor to work, simply attach it to the currency pair chart and set the acceptable risk values in the deposit currency or in % of the current balance. [Instruction for Risk Manager parameter

True Supply and Demand indicator - will allow you to quickly determine the location of resistance and support levels on all timeframes. The indicator will be useful for those who use technical analysis in their trading. The indicator is easy to use, just drag and drop on the chart and the indicator will show you the most likely support and resistance levels. When switching timeframes, you will see the levels for the newly selected timeframe. Recommended Robot Scalper - test

True Supply and Demand indicator - will allow you to quickly determine the location of resistance and support levels on all timeframes. The indicator will be useful for those who use technical analysis in their trading. The indicator is easy to use, just drag and drop on the chart and the indicator will show you the most likely support and resistance levels. When switching timeframes, you will see the levels for the newly selected timeframe. Recommended Robot Scalper - test

Automated trading should help you grow your capital — not confuse you with endless settings and theories. SPARK is a lightweight yet effective Expert Advisor designed to give beginners a confident start with a focus on precision and simplicity. Why is SPARK different? Focused on EUR/USD: The EA is specifically optimized for EUR/USD, one of the most liquid and stable currency pairs. Built on liquidity breakout logic: SPARK identifies and reacts to unique liquidity zones where price is likely to b

FREE

Work logic Stop Out utility is a simple but very convenient indicator showing how many points are left to the Stop Out level / Its benefit lies in the fact that many traders deliberately overestimate the risk in trading in pursuit of profit, use the available margin at the maximum, and for this case it is very important to know where the broker can forcibly close your positions. Just place the indicator on the chart and depending on the open position in Buy or Sell, you will see the border m

FREE

Smart Grid Set EA is a flexible and user-friendly expert advisor for placing pending orders in a grid. It supports breakeven logic, multiple trailing-stop modes, manual grid placement, customisable lot sizes, and an intuitive on-chart interface. It is ideal for traders who employ grid or averaging strategies. Key Features Places Buy Stop and Sell Stop orders in a customisable grid Supports individual lot sizes for each grid level Built-in trailing stop: classic, by candle highs/lows, or by movin

FREE

The panel has the most intuitive interface that every beginner can handle. In the SLp column – you need to specify the SL size in pips. If the value turns gray and at the same time the Bay / Sell buttons are also inactive, then you have specified a SL value that is less than that allowed before it was set by your broker. In the TP% column – you indicate TP in% of the account balance. In the settings, you can choose on the basis of what this indicator will be calculated, by equity, balance or

FREE

MetaTrader utility MTI (Main Trading Info) – shows the basic trading information for a trader, namely: average and current spread size Swap size for short and long positions Cost of 1 pip for 1 trading lot Stop Level size (minimum distance for placing pending orders) Time until the end of the current (red) and time until the start of the next (gray) trading session Recommended Robot Scalper - https://www.mql5.com/en/market/product/77108 The time until the end of the current trading session is

FREE

Work logic Stop Out utility is a simple but very convenient indicator showing how many points are left to the Stop Out level / Its benefit lies in the fact that many traders deliberately overestimate the risk in trading in pursuit of profit, use the available margin at the maximum, and for this case it is very important to know where the broker can forcibly close your positions. Just place the indicator on the chart and depending on the open position in Buy or Sell, you will see the border m

FREE

Description of the advisor Smart Expert Advisor is an automatic grid trading advisor with auto-selection of settings for each trading pair. The Expert Advisor automatically selects the settings for each currency pair, thus you do not need to define the parameters for each pair, calculations are based on the volatility of the instrument being traded. At the time of trading, you can set the direction of entry points. Enable filter by trend. About strategy The EA is based on the logic of catching

The panel has the most intuitive interface that every beginner can handle. In the SLp column – you need to specify the SL size in pips. If the value turns gray and at the same time the Bay / Sell buttons are also inactive, then you have specified a SL value that is less than that allowed before it was set by your broker. In the TP% column – you indicate TP in% of the account balance. In the settings, you can choose on the basis of what this indicator will be calculated, by equity, balance or

Expert Advisor Risk Manager for MT4 is a very important and in my opinion necessary program for every trader. With this Expert Advisor, you will be able to control the risk in your trading account. Risk and profit control can be carried out both in monetary terms and in percentage terms. For the Expert Advisor to work, simply attach it to the currency pair chart and set the acceptable risk values in the deposit currency or in % of the current balance. Version for MT5 - https://www.mql5.com

EasyTradePad – Trading Panel for MetaTrader 4 EasyTradePad is a tool for manual and semi-automated trading. The panel allows quick management of orders and positions, as well as risk management calculations in one click. [ DEMO and Instruction ] Panel Features: Open and close trades with predefined risk (% or deposit currency) Set SL and TP in points, percentages, or monetary values Calculate risk-to-reward ratio automatically Move stop loss to breakeven Partial position closing Trailing stop

The iPump indicator is a versatile indicator that combines the advantages of three categories of indicators. simultaneous trend detection on several Timeframes defining zones of resistance and support determination of overbought and oversold zones Indicator functions: Defining a trend This function will be necessary for all traders who want to objectively assess the current market direction and avoid subjectivity. It will be clear and intuitive. Determination of support and resistance levels

This is a screener that allows to identify assets that are more than usually overbought (% growth) or oversold (% fall) within a selected period of time (time frame). The market is ruled by the law, buy cheaper, sell more expensive, but without an automatic scanner it is very difficult to identify assets overbought or oversold, say, within the current week, or the current hour, or month. There can be dozens or hundreds of instruments, sometimes it is simply not possible to physically analyze e

Work logic The importance of this indicator lies in the fact that it allows you to understand how much “fuel is still left at the instrument.” Imagine the situation, you left in a car with a half-discharged battery, on average, this amount of energy is usually enough for a car for 250 km, so if you want to, you cannot overcome a distance of 700 km. So for each instrument, there is a certain daily price movement, and as a result of statistical observations, it was revealed that 95% of the time t

MetaTrader utility MTI (Main Trading Info) – shows the basic trading information for a trader, namely: average and current spread size Swap size for short and long positions Cost of 1 pip for 1 trading lot Stop Level size (minimum distance for placing pending orders) Time until the end of the current (red) and time until the start of the next (gray) trading session The time until the end of the current trading session is displayed in red, the time until the opening of the next session is display

The EA’s strategy is based on Swing trading , with entries after sharp impulses calculated by the iPump indicator. The advisor has the ability to open manual trades with automatic support – for a downtrend ↓ we enter a trade after a corrective rise in the price, the asset falls into the overbought zone, we sell along the trend. – for an uptrend ↑, we enter a trade after a corrective fall in the price, the asset falls into the oversold zone, we buy along the trend. When trading on the selected

Strategy logic Pump and Dump Expert Advisor is a fully automated trading advisor created by a trader for traders. The strategy is “buy cheaper, sell more expensive”. Orders are opened after a significant rise / fall in price. The basic meaning of the Pump and Dump strategy is to buy an asset cheaper when the price falls, and sell it higher when the price rises. You have probably noticed that after sharp price movements in the market, a significant price rollback occurs in the opposite direction

Close All Orders for MT4 script - closes absolutely all orders, whether pending or market ones. Orders are closed at the current profit/loss indicators at the time of closing. The script is suitable for moments when you need to quickly close all orders at the current indicators. The script is very easy to use, just drag the script onto the chart and it will do its job. Add me as a friend , I have many other useful products.

Script Close All Positive Orders for MT4 - will allow you to quickly close all profitable orders on your account. The script is suitable for moments when you need to quickly close all profitable orders . The script has the only parameter for setting Profit_in_pips - in it you specify how many points of profit should be on the order so that it falls under the conditions for closing the position. The script is very easy to use , just drag and drop the script onto the chart and it w

Risk Controller Expert Advisor, a program that allows you to control the total risk of your trading advisors on your account. With this program, you can control the maximum risk that will be allowed on the account for all advisors. For example, you set the risk of 30% of the maximum drawdown, which means that if your equity trading robots exceed the risk of 30%, the Risk Controller will close all positions of advisers, and can also close all open charts, thereby preventing advisers from working

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