Basket EA MT4

5

Basket EA MT4 is a powerful profit-harvesting tool and a comprehensive account protection system, all combined into a simple and easy-to-use solution. Its core purpose is to give you complete control over your trading account’s overall profit and loss by managing all open positions at the basket level, rather than individually. The EA offers a full range of basket-level features, including take profit, stop loss, break even, and trailing stop loss. These can be configured as a percentage of your account balance, a fixed amount in your account’s currency, or a target in average points across all managed trades. This flexibility allows traders to tailor risk and profit strategies to their unique needs. Basket EA MT4 also supports intelligent trade filtering, allowing you to include or exclude specific trades from management based on their magic number, symbol, or comment. This ensures that only the trades you want managed by the EA are affected, while others are left untouched.

For added protection, the EA includes advanced account safeguarding mechanisms. When a specified equity take profit or stop loss level or a maximum drawdown from the account's balance high is reached, the EA can automatically close all open trades, delete any pending orders, and shut down all charts, removing any Expert Advisors running on them. This feature helps protect your capital during unexpected market movements or when reaching your predefined account targets.

Tip: You can download the Basket EA MT4 Demo version and try it on your demo account: here

Paste the downloaded free demo file into your MT4 >> File >> Open Data Folder >> MQL4 >> Experts folder and restart your terminal. The free demo version is fully functional for a period of 4 hours at a time, on demo accounts only. To reset the trial period, go to MT4 >> Tools >> Global Variables >> Control + A >> Delete. Kindly perform this action solely on a non-critical demo account and refrain from doing so in a challenge prop firm account.


Product Installation    |    Basket EA MT4 Settings/Inputs Guide    |    Update of a Purchased Product


Features

  • Does not use Martingale, Grid, Averaging, or other high-risk techniques
  • Allows exclusion of specific Magic Numbers, trade comments, or symbol trades from management
  • Basket Take Profit in % for all managed trades combined
  • Basket Stop Loss in % for all managed trades combined
  • Basket Break Even in % for all managed trades combined
  • Basket Trailing Stop Loss in % for all managed trades combined
  • Basket Take Profit in money for all managed trades combined
  • Basket Stop Loss in money for all managed trades combined
  • Basket Break Even in money for all managed trades combined
  • Basket Trailing Stop Loss in money for all managed trades combined
  • Basket Take Profit in average points for all managed trades combined
  • Basket Stop Loss in average points for all managed trades combined
  • Basket Break Even in average points for all managed trades combined
  • Basket Trailing Stop Loss in average points for all managed trades combined
  • Option to reset all Basket settings after each account balance update or after a Basket target is hit
  • Option to close all managed trades at break even after recovering from a drawdown
  • Option to close all managed trades at a specific time on a chosen day or daily
  • Account protection feature that closes all trades and charts when equity-based TP or SL is reached
  • Maximum drawdown % from balance high that closes all trades and charts/EAs if triggered
  • Optional on-chart panel to monitor profit/loss and close trades by type or all at once
  • Terminal, push notification, and email alerts when any Basket or protection condition is triggered
  • 100% automated Expert Advisor
  • Fully compatible with MQL5 VPS


How to use Basket EA MT4?

If you are trading manually, simply attach Basket EA MT4 to a separate chart within your MT4 terminal and ensure that Auto Trading is enabled. You can then continue placing manual trades as usual, while Basket EA MT4 will step in only when your predefined basket-level conditions are met. If you are using other Expert Advisors, attach Basket EA MT4 to a separate chart as well, activate Auto Trading, and it will automatically monitor and manage all EA-generated trades at the basket level—based on their combined profit or loss—without interfering with the operation of your other EAs. For those using MQL5 VPS, make sure to attach all EAs, including Basket EA MT4, to separate charts. Enable Auto Trading, then right-click on the MQL5 VPS in the Navigator window and select “Synchronize experts, indicators” to migrate your entire trading setup to the virtual server.


Note: Basket EA ΜΤ4 does not work in the MT4 Strategy Tester. If you want to try it, download the demo version above.


I would greatly appreciate a positive review if you are happy with your purchase. Please contact me to find a solution if you are not.


Check all my products: https://www.mql5.com/en/users/eleanna74/seller

Contact me for support: https://www.mql5.com/en/users/eleanna74


#tags account protection money management risk account management account basket take profit stop loss break even trailing stop loss account basket level protection

Reviews 5
Omar Alsaleem
1802
Omar Alsaleem 2024.06.24 18:41 
 

Easy and smart EA , perfect.

1218384201
149
1218384201 2023.12.29 08:57 
 

Very good tool,a must for me.

RichStudent
151
RichStudent 2023.06.11 22:37 
 

Eleni is very helpful. Can’t wait to test out this EA

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LMBFWatchlist is an interactive tool for Metatrader 4 that lets you create and manage watch lists directly on your Metatrader charts. ‌Functionality includes: ‌Add an unlimited number of watch lists with names of your choice Add different groups of watchlists for different time frames Add comments for symbols that always appear on the chart when that symbol is selected. Easily identify which symbols have comments against them. See watch lists instantly synchronise across all open charts that hav
PZ Trade Pad Pro MT4
PZ TRADING SLU
3.67 (3)
Effortlessly calculate lot sizes and manage trades to save time and avoid costly errors The Trade Pad Pro EA is a tool for the Metatrader Platform that aims to help traders manage their trades more efficiently and effectively. It has a user-friendly visual interface that allows users to easily place and manage an unlimited number of trades, helping to avoid human errors and enhance their trading activity. [ Installation Guide | Update Guide | Troubleshooting | FAQ | All Products ] One of the k
Unlimited Trade Copier Pro is a tool to copy trade remotely to multiple MT4, MT5 and cTrader accounts at different computers/locations over internet. This is an ideal solution for you if you are a signal provider and want to copy your trades to other receivers globally on your own rules. One provider can copy trades to multiple receivers and one receiver can get trade from multiple providers as well. The provider can even set the subscription expiry for each receiver, so that receiver will not b
Smart Copy Local MT4
Kyra Nickaline Watson-gordon
5 (7)
Smart Copy is an Easy-to-Use EA that supports Multi Copying Metatrader4 and Metatrader5 and Local/Remote Copying. (Remote Version is coming soon) Free version is available on Smart Copy Local Free MT4 Specifications :     Real Time, Multi Terminal - Multi Account - MT4/MT5 trade copying     Copy from netting to hedge and hedge to netting is supported.     Fast and instant copy     All settings are input visually.     Easy modifying symbol names, prefix, suffix     Enable/Disable copying s
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Juvenille Emperor Limited
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Price Action Trade Panel EA MT4
Juvenille Emperor Limited
5 (3)
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Moving Average EA MT5
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Juvenille Emperor Limited
5 (2)
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Omar Alsaleem
1802
Omar Alsaleem 2024.06.24 18:41 
 

Easy and smart EA , perfect.

Juvenille Emperor Limited
103658
Reply from developer Eleni Anna Branou 2024.06.24 18:47
Thank you very much for your excellent review for the Basket EA! Please do not hesitate to contact me if you ever need anything.
1218384201
149
1218384201 2023.12.29 08:57 
 

Very good tool,a must for me.

Juvenille Emperor Limited
103658
Reply from developer Eleni Anna Branou 2023.12.29 08:58
Thank you very much for your positive feedback and your excellent review for the Basket EA MT4! I really appreciate it.
Sriram Bandi
30
Sriram Bandi 2023.08.08 02:45 
 

Product functionality excellent, but if we have dashboard based on active Magic number like showing current value on active/target magic number it will give added advantage. Author also added this point to make it available in next update. Thanks for your wonderful support.

Juvenille Emperor Limited
103658
Reply from developer Eleni Anna Branou 2023.08.08 09:26
Thank you very much for your great review Sriram, I really appreciate it!
RichStudent
151
RichStudent 2023.06.11 22:37 
 

Eleni is very helpful. Can’t wait to test out this EA

Juvenille Emperor Limited
103658
Reply from developer Eleni Anna Branou 2023.06.11 22:54
Thank you very much for your great review! I really appreciate it.
ROBERT URBANSKI
2423
ROBERT URBANSKI 2020.07.08 14:30 
 

I rent this EA for month. I will tested but now I would like to tell about support. Eleni is very helpful, kind and have a lot of patience. After tested I will put my opinion.

Juvenille Emperor Limited
103658
Reply from developer Eleni Anna Branou 2022.05.05 23:39
Thank you very much for your positive review Robert!
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