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AutoTakeProfit

This utility is an assistant for placing the TakeProfit level relative to the placed StopLoss level and consequently moving the StopLoss to breakeven.

The StopLoss level can be quickly placed by "dragging" the order line to the required distance on the chart, as soon as you fix it, the TakeProfit level will be marked at a certain distance (specified in the settings of the utility).

To efficiently trade on the financial markets, it is necessary to adhere to the golden rule: «It is necessary to set the ratio of TakeProfit to StopLoss as 3 to 1, 4 to 1, 5 to 1 etc.» Choose the ratio yourselves! For example, at the level TakeProfit of 4 to 1, is it only required to have 25% positive trades to trade without loss.


Utility parameters:

  • order_magic - If set to "-1", then TakeProfit is placed for all trades, if there StopLoss is set. If set to "0", then TakeProfit is placed only for the trades opened manually.
  • TakeProfit/StopLoss - The ratio of TakeProfit value to StopLoss value. For example, if you need 3 to 1, set the value "3".
  • BU - Move the position to breakeven when the price passes the BU value multiplied by the value of StopLoss. For example: StopLoss is set to 10 points from the order opening price, TakeProfit/StopLoss is set to 3, i.e. 30 points, if BU=2, then once the price passes 20 points, the StopLoss will be moved to breakeven.
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If you want to test the functionality of this tool, you can do it trough a DEMO version, that is restricted to work only on EURUSD and USDJPY currency pairs. To obtain it, please visit the following link: https://www.mql5.com/en/market/product/29594 This EA was originally coded as a back up tool for my personal trades as all of us (Or at least the ones who have left an order open and went to sleep) have experienced the frustration that involves waking up, check the trades and see that in some o
60 USD
NotifyMe for MT4
NotifyMe for MT4
Denis Zyatkevich
Overview The Expert Advisor sends notifications to a mobile phone, via e-mail or activates an audio alarm in case any changes are detected on the trading account: opening/closing positions, changing order parameters, balance or leverage. Also, the Expert Advisor can inform that Equity on the trading account has dropped below a specified value or Free Margin is small compared to Margin. The Expert does not trade, it only monitors your account. Launching the Expert Advisor For the Expert Advisor
30 USD
Fast Copy MT4
Fast Copy MT4
Pavel Kolchin
The program allows you to locally copy transactions between different MetaTrader 4 and MetaTrader 5 accounts in any direction and quantity as quickly and easily as possible, the program works on " Windows   PC " and " Windows VPS ". Any type of copying is available MT4 → MT5 MT4 → MT4 MT5 → MT5 MT5 → MT4 * For copying between different MT4 ↔️ MT5 terminals, you need to purchase two versions of   Fast Copy MT4  +  Fast Copy MT5 How the program works The program copies transactions between two
55 USD
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Magic System
Magic System
Aleksey Lebedev
https://www.mql5.com/en/signals/162330 - the real account the EA works on This multicurrency Expert Advisor uses an advanced adaptive trading strategy based on a position averaging. The product is designed for 4 and 5-digit quotes. VPS server is recommended. Timeframe does not matter. The recommended minimum deposit is 3,000 units of the base currency. It is recommended to disable the EA during the release of important news (set the trading time so that the EA finishes it operation in advance be
299 USD
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