Auto BE 2 Edition

🔹 AUTO BE 2nd EDITION – Trade Exit Manager for MT4

AUTO BE 2nd Edition is a smart MT4 utility EA by KALIFX designed to automate your trade exit process with precision. It manages stop-loss, breakeven, and dual take-profit levels using clean visual lines and automated execution logic — ideal for both manual and EA-based trades.

Whether you're scalping or swing trading, this tool helps secure profits and protect capital without requiring constant attention.

✅ Key Features

• Auto SL & TP Placement: Automatically sets StopLoss and TP1 as soon as a trade is opened (if not already set).

• TP1 Partial Close: Closes half the position when TP1 is hit .

• TP2 Final Close: Closes the remaining lot when TP2 is reached.

• Persistent Visual Lines: TP1 and TP2 levels are drawn as dotted horizontal lines on the chart for clarity.

• Breakeven SL: Moves stop-loss to breakeven (with optional offset) when a specific profit (in pips) is reached.

• Universal Trade Support: Works with manual trades and EA trades on the attached chart.

⚙️ Input Parameters

• StopLoss – Stop-loss in pips

• TakeProfit1 – First take-profit level (TP1) in pips

• EnableTP2 – Enables TP2 logic (true/false)

• TakeProfit2 – Second take-profit level (TP2) in pips

• EnableBreakEven – Enables breakeven logic

• BEActivationPips – Pips of profit required before breakeven is applied

• BEOffsetPips – Distance in pips to place SL beyond breakeven

💡 How It Works (Code Behavior)

1. When a trade opens, the EA:

   • Applies StopLoss and TP1 if they are missing.

   • Draws TP1 and TP2 horizontal lines (if enabled).

2. As price moves:

   • If TP1 is hit:

     • Closes half the trade (if lot size ≥ 0.02).

     • Deletes the TP1 line and prevents it from being redrawn.

   • If TP2 is hit:

     • Closes the remaining trade completely.

     • Removes all related visual lines.

3. If breakeven is enabled:

   • Once the trade is in profit by a set amount ( BEActivationPips ), SL is moved to breakeven plus the defined offset.

4. Cleanup:

   • All TP lines are removed when the trade is fully closed.

   • The EA does not interfere with existing SL/TP settings unless they are unset.

🧪 Example (Buy trade with 0.02 lots)

• EA sets SL and TP1.

• TP1 and TP2 lines are drawn on the chart.

• When price reaches TP1:

  • Closes 0.01 lots.

  • Deletes TP1 line (and prevents it from reappearing).

• When price reaches TP2:

  • Closes the remaining 0.01 lots.

  • Deletes TP2 line.

⚠️ Important Notes

• Minimum lot size for partial close is 0.02 lots.

• If lot size is less than 0.02, no partial close will occur at TP1.

• Breakeven SL only activates once the trade has sufficient unrealized profit.

🧪 Recommendation

Before using on a live account, test the utility on a demo account to fully understand its behavior and tweak settings for your trading strategy.

📩 Need Help?

Contact us via Telegram for support:
👉 http://t.me/KARLIIIIII

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