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  • Comments (21)
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Basket EA MT4

5

Basket EA MT4 is the best profit harvester and the ultimate account protector, all in one very simple to use solution. The idea behind Basket EA ΜΤ4 is to be able to control your overall trading account's profit and/or loss at a basket level, for all your open positions combined. It offers basket take profit, stop loss, break even and trailing stop loss settings in percentage of account's balance or in account currency (in money) for all managed positions. It allows management or exclusion from management of certain trades, according to their magic number or symbol. Also it features account protection settings, that close all open trades, delete all pending orders and close all charts, removing any other EAs attached on them, when the account take profit or stop loss equity is reached.

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

  • Martingale, Grid, Averaging or other dangerous techniques are not used
  • Option to exclude certain magic number trades from EA management
  • Option to exclude certain symbols/instruments from EA 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
  • Option for resetting all Basket settings after every account balance update or a Basket target
  • Option for closing all trades at Break Even after a large drawdown
  • Account protection feature that closes all trades and charts when TP or SL equity is reached
  • Maximum Drawdown % from Balance High option that closes all trades and other charts/EAs when it is reached
  • Terminal, Push Notification and Email Alerts are available, when any of the Basket or Account Protection options is triggered
  • 100% automated Expert Advisor
  • MQL5 VPS compatible


How to use Basket EA MT4?

If you are trading manually you should attach Basket EA ΜΤ4 to a separate chart of your MT4 terminal and click the Auto Trading button. This way you can continue opening new manual trades and Basket EA ΜΤ4 will act only when your customized criteria are met. If you are trading using Expert Advisors, you need to attach Basket EA ΜΤ4 to a separate chart on your MT4 terminal, click the Auto Trading button and the Basket EA ΜΤ4 will manage all your EA opened trades at a basket level, taking into account their combined profit and/or loss. If you use MQL5 VPS, you need to upload all your EAs and  Basket EA ΜΤ4 on separate charts, click the Auto Trading button and then synchronize with your MQL5 VPS in order to migrate your trading environment onto the virtual server (right click on the MQL5 VPS in the Navigator window >> Synchronize experts, indicators).


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 4
1218384201
144
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

ROBERT URBANSKI
1728
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.

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CloseIfProfitorLoss with Trailing
Vladislav Andruschenko
4.87 (30)
Closing positions in MetaTrader 4 upon reaching the total profit/loss with the profit trailing function. You can enable the Virtual stops (Separate Order) , Calculating and closing for BUY and SELL positions separately (Separate BUY SELL) , Closing and calculating all symbols or the current symbol only (All Symbols) , Enable trailing for profit ( Trailing Profit) Close on total profit and loss on deposit currency, points, % of the balance. The application is designed for use on any account toge
VirtualTradePad mt4 Extra
Vladislav Andruschenko
4.86 (63)
Trading Panel for trading in 1 click.  Working with positions and orders!  Trading from the chart or the keyboard. Using our trading panel, you can trade in one click from the chart and perform trading operations 30 times faster than the standard MetaTrader control. Automatic calculations of parameters and functions that make life easier for a trader and help a trader conduct their trading activities much faster and more conveniently. Graphic tips and full information on trade deals on the chart
TakePropips TradePad Pro
Eric John Pajarillaga Aldana
5 (4)
TakePropips TradePad Pro  (MT4) includes a powerful trade manager, equity protection, currency strength meter, account reporting tools, risk management tools, and more! It is the perfect companion for manual traders and prop-firm traders. It is one of the most advanced forex trade manager and trade assistant that you will ever come across! It is the perfect solution for traders who wants a more efficient way of managing trade transactions. You can download the user manual and installation guide
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
The product will copy all  Discord  signal   to MT4   ( which you are member  ) , also it can work as remote copier.  Easy to set up. Work with almost signal formats, support to translate other language to English Work with multi channel, multi MT4. Work with Image signal. Copy order instant, auto detect symbol. Work as remote copier: with signal have ticket number, it will copy exactly via ticket number. How to setup and guide: Let read all details about setup and download Discord To MetaTrade
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1218384201
144
1218384201 2023.12.29 08:57 
 

Very good tool,a must for me.

Juvenille Emperor Limited
70689
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
70689
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
70689
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
1728
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
70689
Reply from developer Eleni Anna Branou 2022.05.05 23:39
Thank you very much for your positive review Robert!
Reply to review
Version 1.70 2022.08.19
Fix of an issue with FIFO accounts.
Version 1.60 2022.08.10
Basket EA MT4 has been updated with the following additions:

1. A new Account Protection option has been added, that allows the user to close all account trades and charts, removing any other EAs attached on them, if a certain Maximum Drawdown percentage from the highest level of account balance, since the Basket EA MT4 was attached onto it, it is reached.

2. Terminal, Push Notification and Email Alerts have been added, that if true the Basket EA MT4 will send the appropriate message with the current account balance, if any of the Basket in % or Money, or Account Protection settings has been triggered.
Version 1.50 2022.04.15
Addition of the Reset Basket Settings on Target setting. This setting is false by default and that means that the EA will reset all Basket % or in Money settings after each new account balance update. So after each closure of an open trade all Basket settings will be reset and start calculating all Basket TP/SL/BE and Trailing SL settings from that new updated account balance. When this setting is true the EA will update all Basket % or in Money settings only when a Basket SL/TP/BE or Trailing SL target has been triggered and achieved.
Version 1.40 2022.04.10
Magic Numbers to Manage, along with Symbols to Manage and Symbols not to Manage have been included to allow a better and easier control of the account trades that the Basket EA MT4 will manage.

New basket settings in money have been added. Now the user apart from the basket percentage SL, TP, BE and Trailing SL settings, can select SL, TP, BE and Trailing SL settings in account currency (in money), for all managed positions combined.

Finally Account Protection settings are offered by the Basket EA MT4. Now you can protect your trading account with account equity take profit and stop loss levels, that when reached the EA will close all open trades, delete any pending orders and close all charts with any other EAs attached on them if selected.
Version 1.30 2021.10.04
Improvements.
Version 1.20 2021.10.03
New option to exclude certain magic number trades from basket management has been added. Now you can exclude certain magic numbers separated by comma, from management of the Basket EA MT4.
Version 1.10 2020.01.10
Improvement of the wording.