Break Even Helper
- Utilities
- The Hung Ngo
- Version: 1.10
- Updated: 17 July 2025
- Activations: 5
Break Even Helper – Simple SL Manager for MT5
Break Even Helper is a lightweight and efficient MetaTrader 5 utility that helps traders manage risk by automatically moving the Stop Loss (SL) to break-even when a trade reaches a certain profit level.
This tool is ideal for traders who want a simple break-even function without the complexity of full trailing stop systems. It supports all account types and brokers, and it does not open trades – only adjusts SL on existing market positions.
Main Features
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Automatic SL to Entry – Automatically shifts SL to entry when profit exceeds the configured threshold (in points)
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Easy Setup – Minimal input parameters, beginner-friendly
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Supports All Symbols – Works with any market instrument: forex, indices, metals, crypto
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No Trade Execution – Does not open or close orders
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Low Resource Usage – Lightweight code, fast and stable
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Compatible with EAs or manual trading
Input Parameters
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EnableBreakEven : Toggle breakeven functionality ON/OFF
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ProfitPoints : Profit in points required to activate breakeven
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Author / Contact : Informational only, no external linking
How It Works
When enabled, this tool monitors all active trades on the current symbol. Once the floating profit of a position reaches the defined number of points ( ProfitPoints ), the Stop Loss is updated to match the entry price. This helps secure gains and minimize exposure, especially in fast-moving markets.
This tool is fully non-intrusive, making it safe to use alongside other Expert Advisors, scripts, or manual trades.
Why Choose Break Even Helper?
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Perfect for scalpers, swing traders, and intraday traders
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Helps reduce risk by protecting floating profits automatically
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Doesn’t interfere with chart or order logic
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No backtests or claims of performance — focused purely on function
For full setup instructions, visit: Full User Guide