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AutoBreakeven protect your capital

Number one rule of trading the market is to "protect your capital".

Once your trade has entered the zone of profitability, never let that trade turn back to take a bite out of your capital.

The EA will automatically move a stop loss to a breakeven after the profit of the current order reaches a target account percentage.

Users can also select whether the commission or swap should be included to the breakeven.

When a user manually moves the stop loss to a price where profit is higher than the breakeven, the EA will not intervene with the adjusted stop loss.


Adjustable Parameters

Basic Settings

  • BreakevenPercentage- amount of profit an order has to reach before the EA moves a stop loss to a breakeven (0.01-100%).
  • compensateCommission- enable this to set a breakeven to include a trade commission.
  • compensateSwap- enable this to set a breakeven to include a trade swap.

Auto-Move Settings

  • enableAutoMove - enable the auto move function
  • autoMoveEveryPercentage - auto move the current stoploss to lock in a better profit at every given percentage

This tool is ideal for deploying on a VPN server or keeping it running 24/7 parallel to your manual trading strategy.

No reviews
Version 1.30 - 2017.01.09
-bug fix on auto-move function
Version 1.20 - 2016.12.29
- EA will modify orders only when market trade is allowed (disable unnecessary attempts)
- introduce the new "Auto-Move" function

Auto-Move function: this function will automatically move the stoploss, in percentage step, to a higher profit level based on the given input value.

For example, when "autoMoveEveryPercentage" is set to 1%. The EA will modify the current buy/sell orders, after the break-even has triggered, to the next profit percentage.

setting: autoMoveEveryPercentage = 1%, BreakevenPercentage = 1%
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current stoploss | order profit | new stoploss
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sl= -2% | profit = 0% | (not adjusted)
sl= -2% | profit = 1% | (not adjusted)
sl= -2% | profit = 1.01%| sl= break-even
sl= break-even | profit = 2% | sl= 1%
sl= 1% | profit = 3% | sl= 2%
sl= 2% | profit = 4% | sl= 3%
sl= 3% | profit = 5% | sl= 4%
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setting: autoMoveEveryPercentage = 2%, BreakevenPercentage = 1%
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current stoploss | order profit | new stoploss
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sl= -2% | profit = 0% | (not adjusted)
sl= -2% | profit = 1% | (not adjusted)
sl= -2% | profit = 1.01%| sl= break-even
sl= break-even | profit = 2% | (not adjusted)
sl= break-even | profit = 3% | (not adjusted)
sl= break-even | profit = 4% | sl= 2%
sl= 2% | profit = 5% | (not adjusted)
sl= 2% | profit = 6% | sl= 4%
sl= 4% | profit = 7% | (not adjusted)
sl= 4% | profit = 8% | sl= 6%
sl= 6% | profit = 9% | (not adjusted)
sl= 6% | profit = 10% | sl= 8%
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