Lux Calculator True Break Even MT4

Lux Calculator for MetaTrader 4: the lot size you meant to risk, and a break-even that really closes at zero.


Most calculators size the trade on the stop distance only. Then commissions are added on top, and the "break-even" stop placed at the entry price still closes in loss. Lux Calculator fixes both.


Risk with commissions included

Choose your risk in % of balance or in account currency. The lot is computed so that loss at stop plus commissions equals your risk. Example: risk $1,000 with $20 of commissions gives $980 on price plus $20 of commissions, $1,000 in total.


Automatic commissions

MetaTrader does not publish commissions before a trade, so the calculator learns them from your account history: first from closed trades on the same symbol, otherwise from symbols of the same type. Set the Account History tab to "All history" so the calculator can see your past trades. On a brand new account it shows "no data" until your first closed trade. You can also type them in the inputs (example: XAUUSD=7;EURUSD=5, $ per lot round turn).


True break-even

The BREAK-EVEN button moves the stop beyond the entry by exactly what covers that trade's commissions, any negative swap and a slippage buffer (the current spread, then the slippage measured on your own executions, capped at 0.1R). If it is hit, you close at zero. Two clicks to avoid mistakes, optional automatic break-even at the R level you choose, and a dashed "true break-even" line on the chart for every open trade.


Everything on the chart

- Draggable entry, stop and target lines; market or pending order (limit or stop chosen automatically)

- Partials: add lines with the % to close; the target closes the rest. Waiting partials stay on the chart after the trade opens

- Panel: lots, total risk split into stop and commissions, potential profit, R:R, spread with "usual" and "wide" warning, stop distance

- "Why" field: each trade is saved with your reason in a journal file (MQL4/Files/LuxCalcolatore/journal.csv)

- Daily loss warning (default 2% of balance)

- The X button clears the lines; the setup survives timeframe changes; English or Italian from the panel

- Collapsible panel in the Lux dark theme


Made for MetaTrader 4

- Two-click opening inside the panel: press OPEN, check lots and risk, then press CONFIRM within 6 seconds. No pop-up windows.

- The "usual" spread is learned while the calculator runs (MT4 does not store spread in its history): it appears after about 20 minutes for each hour of the day.

- On market-execution (ECN) accounts, stop and target are set right after the trade opens.


Type and use

Manual trading utility. It opens a trade only when you press OPEN and CONFIRM. It checks free margin before sending the order. Works on any symbol and timeframe: forex, indices, metals, energy, crypto. Any account size and leverage. Turn on AutoTrading and allow live trading in the utility settings. Keep the utility running on the chart while the trade is open: partials and automatic break-even are managed by the utility. A user guide in English and Italian is available on request through MQL5 private messages.


Main inputs

Language, initial risk, risk in account currency, automatic break-even and its R level, slippage buffer, buffer cap, manual commissions, daily loss warning, initial stop and target, maximum slippage at market, panel position.


Risk disclaimer

Trading CFDs and leveraged products involves a high risk of losing money. This tool does not provide financial advice and does not guarantee profits. Results depend on the user's decisions and on broker conditions.

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KT Equity Protector MT4
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3.75 (4)
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An equity protection EA for MetaTrader that enforces your loss limits and profit target for you: when your account reaches a rule you set, it closes your trades on every symbol, before one bad day turns into a lost account. It suits prop firm challenges and personal accounts alike. Attach it to one chart, answer a few questions in the on-chart setup wizard, and it watches your whole account in the background while you trade by hand or with other EAs. What it protects Daily loss limit: a percenta
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5 (1)
Utilities
Introduction This powerful MT4 trade mangement EA offers a way potentially to aggressively multiply trade profits in a riskfree manner. Once a trade has been entered with a defined stoploss and take profit target then the EA will add three pyramid add-on trades in order to increase the overall level of profit. The user sets the total combined profit target to be gained if everything works out. This can be specified either as a multiple of the original trade profit or as a total dollar amount. Fo
Trade Reverse Copie4
Chukwuemeka Kingsley Anyanwu
5 (1)
Utilities
Feel free to contact me for any extra features :) [SEE MT5 VERSION  https://www.mql5.com/en/market/product/128846 The Local Reverse Copier is an Expert Advisor designed to synchronize positions between a Master account and a Slave account with a twist: it reverses the trades. When a buy position is opened on the Master account, the EA opens a sell position on the Slave account, and vice versa. This allows for a unique form of trade copying where positions are mirrored in opposite directions bet
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Leolouiski Gan
5 (25)
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This product filters all expert advisors and manual charts during news time. It is able to remove any of your EA during news and automatically reattach them after news ends. This product also comes with a complete  order management system that can handle your open positions and pending orders before the release of any news. Once you purchase The News Filter , you will no longer need to rely on built-in news filters for future expert advisors, as this product can filter them all from here onwards
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