Multi Order Breakeven Manager

Multi-Order Breakeven Manager – Utility for MT4

Overview

The Multi-Order Breakeven Manager is a utility for MetaTrader 4 designed primarily for managing XAUUSD (Gold) trades.
It automatically moves stop-loss levels to breakeven when open trades reach a predefined profit target.
The tool supports multiple positions and includes a grouping system that manages clustered orders within a user-defined pip distance.
It is suitable for both manual and automated trading setups.

Features

  • Multi-order management: Handles single or multiple XAUUSD positions, grouping trades that fall within a specified pip range.

  • Smart breakeven logic: Adjusts stop-loss levels only when the most recent order meets the breakeven trigger condition.

  • Offset control: Allows adding a small offset beyond the entry price to cover trading costs or secure a minimal profit.

  • Magic number filtering: Option to manage only trades from a specific Expert Advisor or all trades in the account.

Input Parameters

  • MagicNumber: The trade identifier to manage (set to 0 for all trades).

  • GapPips: The maximum pip distance for grouping related XAUUSD orders.

  • BETriggerPips: The profit level (in pips) at which breakeven adjustment is activated.

  • BEOffsetPips: The number of pips added beyond the entry price when setting the breakeven stop.

How to Use

  1. Attach the utility to an XAUUSD chart.

  2. Adjust the input parameters according to your trading setup.

  3. The utility will monitor open positions continuously.

  4. When the most recent order in a cluster reaches the target profit, all grouped orders will have their stop-loss moved to breakeven (including offset if set).

Notes

  • The utility does not open or close trades; it only manages stop-loss adjustments.

  • Always test the settings on a demo account before applying to live trading.

  • The tool is designed for XAUUSD but may be adapted for other instruments if desired.

  • No performance guarantees are expressed or implied.

Support

For assistance with settings or customization requests, contact the author through the MQL5 comments section or via the MQL5 private message system.

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Trade Manager MT4 DaneTrades
Levi Dane Benjamin
4.09 (11)
Utilities
Trade Manager to help you quickly enter and exit trades while automatically calculating your risk. Including features to help prevent you from Over Trading, Revenge Trading and Emotional Trading. Trades can be managed automatically and the account performance metrics can be visualised in a graph. These features make this panel ideal for all manual traders and it helps to enhance the MetaTrader 4 platform. Multi Language support. MT5 Version  |   User Guide + Demo The Trade Manager does not work
Forward Alert To Telegram
Trinh Dat
4.73 (11)
Utilities
The Expert Advisor will help you forward all pop-up alert with screenshot from  MetaTrader 4 to Telegram channel/ group, also forward all notifications to Telegram. Parameters  -  Telegram Bot Token - create bot on Telegram and get token.  -  Telegram Chat ID  - input your Telegram user ID,  group / channel ID  -  Forward Alert - default true, to forward alert.  -  Send message as caption of Screenshot - default false, set true to send message below Screenshot  How to setup and guide  - Telegram
EchoTrade Telegram to MT4 Copier
Perpetual Chinemerem Vincent
5 (2)
Utilities
EchoTrade Telegram to MT5 Copier Seamless, Instant, and Reliable Signal Copying - Direct from Telegram to MetaTrader 4! The product does not run in the strategy tester but you can get free trial version   here  for testing before purchase. Tired of manually executing trades from Telegram signals? EchoTrade automates the process, instantly copying trades from any Telegram channel or group directly into your MT5 account—accurately, efficiently, and without delay. Key Features: Universal Compatib
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