StopLoss BreakEven
- Experts
- Version: 1.0
Auto BreakEven Lite is a simple and reliable Expert Advisor for MetaTrader 5 that automatically moves the Stop Loss to BreakEven when a trade reaches a defined profit level.
This tool helps traders protect their positions and eliminate risk once the trade moves into profit.
The EA works with all asset classes including Forex, indices, metals, crypto and CFDs.
Once attached to a chart, the EA monitors open positions and automatically moves the Stop Loss to BreakEven plus an optional offset.
Main features:
• Automatic BreakEven management
• Optional offset after BreakEven
• Works with Forex, indices, metals and crypto
• Compatible with any broker
• Supports BUY and SELL positions
• Can manage only the current symbol or all symbols
• Lightweight and fast execution
Inputs:
BreakEvenTrigger – profit level required before moving Stop Loss to BreakEven.
BreakEvenOffset – additional offset applied after BreakEven.
OnlyCurrentSymbol – if enabled, the EA manages only trades of the current chart symbol.
Notes:
For Forex pairs with 5 or 3 digits the values are interpreted as pips.
For other assets such as indices, metals or crypto the values are interpreted as points.
Attach the EA to a chart and open a trade. When the defined profit level is reached, the Stop Loss will automatically move to BreakEven.
This is the Lite version of the tool.
