Fixed SL and TP EA MT4

📘 EA Settings Guide

1. StopLoss

  • What it does: Sets a protective stop loss in pips.

  • Default behavior: If set to 0 , the EA will not apply a stop loss.

  • Example: If you set StopLoss = 30 , every trade without a stop loss will automatically be given a 30-pip stop loss.

2. TakeProfit

  • What it does: Sets a take profit target in pips.

  • Default behavior: If set to 0 , the EA will not apply a take profit.

  • Example: If you set TakeProfit = 50 , trades without a take profit will automatically be given a 50-pip target.

3. Trade Type

  • Options:

    • Market Position → Adjusts only active trades already running.

    • Pending Trade → Adjusts only pending orders waiting to be triggered.

    • Both → Adjusts both active trades and pending orders.

  • Example: If you choose Both, the EA will apply stop loss and take profit to every trade type, whether open or pending.

4. Symbols To Apply   

  • Options:

    • Current Symbol → Applies only to trades on the current chart symbol.

    • All Symbols → Applies to trades across all symbols in your account.

  • Example: If you set All Symbols, the EA will adjust trades on EURUSD, GBPUSD, and any other symbol you’re trading.


It is quite simple to use. If you need a custom EA or indicator, contact me in the inbox message.


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