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AutoOrderModifyEA Pro

AutoOrderModifyEA Pro is a supporting tool for all Manual and System Forex Traders.

It works perfectly for situations like:

  • "I have a nice EA that lacks the Trailing and/or Break Even".
  • "I'm lazy to calculate SL and TP every time I open a position".
  • "I want to control all of my manual trades and/or by EAs with Trailing/Break even".
  • "It's annoying to calculate all of opened positions for averaging".


Major functions

  1. Automated TakeProfit and StopLoss - Just open the positions you wish!
  2. Automated Trailing by Magic Number.
  3. Automated Break Even by Magic Number.
  4. You can manage manual trades (manual trades tend to be "magic number 0").
  5. Average trailing and StopLoss.
  6. Auto calculation of SL by deposit balance.


Expert parameters

  • ParePrefix - Set prefix of your broker (EURUSD).
  • PareSuffix - Set suffix of your broker (EURUSDpro).

UsePattern & MagicList:

You can set up to 10 patterns. On each pattern, you can put several magic numbers up to 10 magic numbers.

[Example] Pattern0
  • UsePattern - You can decide between "True" or "false".
  • MagicList(Max10) - Type here the magic number you wish to manage.

If you type here, "1234, 1111, 0", it means that you can control Magic Number 1234, 1111 and also positions which you opened manually. (In case that you want to manage ALL positions, you can type "*")

  • UseSummary - To enable "Average Trails and StopLoss" (true/false). If you enable this function, the EA will control all positions with the desired magic number and treat them as if one position by averaging function.
  • UseMoneyManagementStopLoss - To enable Auto StopLoss (true/false).
  • StopLoss (Pips or %) - You can figure the SL parameter. If you use Auto StopLoss, you have to put in %. If you wish to decide it manually, put the parameter in pips.
  • TakeProfit (Pips) - In pips (0 means false).
  • UseTrailing - true/false.
  • TrailingMode - You can decide the mode for Trailing by, StopLoss, Distance or HighLow.
  • TrailingStop - The parameters to start trailing. Put the parameter in pips.
  • TrailingDistance - Distance from current price.
  • TrailingHighLowTimeFrame - If you enable HighLow on TrailingMode, select the time frame you wish or simply leave it as "Do Not Use".
  • TrailingHighLowBuffer - In case you wish to put StopLoss after/before HighLow. Here you can configure the highest (lowest) price of the one tick before. Example BUY for USDJPY: last lowest was 122.00, buffer 1.0 (pips), then StopLoss will be placed at 121.99.
  • TrailingStep - Be sure to leave not too close (default 0.5).
  • UseBreakEven - true/false.
  • BreakEven - The parameters to start BreakEven. Put the parameter in pips.
  • BreakEvenProfit - put the parameter in pips.


Example

Let's say that we have one EA which uses the Magic Number 123456. It's a break even type EA. Great robot but lacking the trailing function and you want to add it.

We wish to start the trailing when we gain 30 pips and the trailing steps should be calculated by the distance from the actual price with 5 pips. All other parameters are not interesting since the breakeven EA manages it by him.

Pattern 0

  • UsePattern: true.
  • MagicList: 123456.
  • UseSummary: false.
  • UseMoneyManagementStopLoss: false.
  • StopLoss (Pips OR %): 0.0.
  • TakeProfit (Pips): 0.0.
  • UseTrailing: true.
  • TrailingMode: Distance.
  • TrailingStop: 30.
  • TrailingDistance: 5.
  • TrailingHighLowTimeFrame: Do Not Use.
  • TrailingHighLow: 0.0.
  • TrailingStep: 0.0.
  • UseBreakEven: false.
  • BreakEven: 0.0.
  • BreakEvenProfit: 0.

Now, I want to control my manual trades. We may use Pattern 1 for this configuration.

I want to open a position and I really wish that both of StopLoss and TakeProfit would be set automatically. I want "50 pips" for StopLoss and "200 pips" for TakeProfit. And of course I wish that the position would be managed by Trailing. So let's set them like below.

Pattern 1

  • UsePattern: true.
  • MagicList: 0 (0 means manual trades).
  • UseSummary: false.
  • UseMoneyManagementStopLoss: false.
  • StopLoss (Pips OR %): 50.0.
  • TakeProfit (Pips): 200.0.
  • UseTrailing: true.
  • TrailingMode: Distance.
  • TrailingStop: 30.
  • TrailingDistance: 5.
  • TrailingHighLowTimeFrame: Do Not Use.
  • TrailingHighLow: 0.0.
  • TrailingStep: 0.0.
  • UseBreakEven: false.
  • BreakEven: 0.0.
  • BreakEvenProfit: 0.
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Version 1.9 - 2016.04.19
[Update]
Minor bug on Average StopLoss and Average TakeProfit function was rectified.