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Basket EA MT5

5

Basket EA MT5 is the best profit harvester and the ultimate account protector, all in one very simple to use solution. The idea behind Basket EA ΜΤ5 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 MT5 Demo version and try it on your demo account: here

Paste the downloaded free demo file into your MT5 >> File >> Open Data Folder >> MQL5 >> 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 MT5 >> 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 MT5 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 MT5?

    If you are trading manually you should attach Basket EA ΜΤ5 to a separate chart of your MT5 terminal and click the Algo Trading button. This way you can continue opening new manual trades and Basket EA ΜΤ5 will act only when your customized criteria are met. If you are trading using Expert Advisors, you need to attach Basket EA ΜΤ5 to a separate chart on your MT5 terminal, click the Algo Trading button and the Basket EA ΜΤ5 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 ΜΤ5 on separate charts, click the Algo 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 ΜΤ5 does not work in the MT5 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 6
    Daren186
    37
    Daren186 2024.04.07 10:43 
     

    Have used this as an equity stop loss and take profit on multiple open positions for the last two weeks and works perfectly. Combined with VPS Has saved me hours of screen time many thanks

    mambobambo
    245
    mambobambo 2023.05.17 19:45 
     

    Basket EA is by far the most complete and sophisticated position basket manager in the market. The developer Eleni is an absolutely superb programmer and her availability to timely answer any question exceeds the most demanding expectation. Whenever you have a multicurrency system in place working in your account, Basket EA is a "must have" in order to secure your stepping profit and to protect your balance.

    GranadoEspada
    40
    GranadoEspada 2023.03.13 15:14 
     

    Very useful and best easy to use! Great!

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    Juvenille Emperor Limited
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    Filter:
    Daren186
    37
    Daren186 2024.04.07 10:43 
     

    Have used this as an equity stop loss and take profit on multiple open positions for the last two weeks and works perfectly. Combined with VPS Has saved me hours of screen time many thanks

    Juvenille Emperor Limited
    67518
    Reply from developer Eleni Anna Branou 2024.04.07 16:41
    Thank you so much for taking the time to share your experience with your Basket EA MT5! I am delighted to hear that it has been serving you well as an equity stop loss and take profit solution for your multiple open positions. It's great to know that it has integrated seamlessly with your VPS, making your trading experience more efficient and saving you valuable screen time. If you have any further feedback or questions, please don't hesitate to reach out. Happy trading!
    mambobambo
    245
    mambobambo 2023.05.17 19:45 
     

    Basket EA is by far the most complete and sophisticated position basket manager in the market. The developer Eleni is an absolutely superb programmer and her availability to timely answer any question exceeds the most demanding expectation. Whenever you have a multicurrency system in place working in your account, Basket EA is a "must have" in order to secure your stepping profit and to protect your balance.

    Juvenille Emperor Limited
    67518
    Reply from developer Eleni Anna Branou 2023.05.17 22:00
    Thank you very much for your warmhearted comments and your excellent feedback and review! I really appreciate it.
    GranadoEspada
    40
    GranadoEspada 2023.03.13 15:14 
     

    Very useful and best easy to use! Great!

    Juvenille Emperor Limited
    67518
    Reply from developer Eleni Anna Branou 2023.03.13 15:15
    Thank you very much for your great review! I really appreciate it.
    Wan Suryolaksono
    1468
    Wan Suryolaksono 2022.11.15 11:07 
     

    This is the most simple and effective basket management EA I have ever found in mql5. I love especially its basket trailing stop which can maximize profit in my scalping trading style

    Juvenille Emperor Limited
    67518
    Reply from developer Eleni Anna Branou 2022.11.15 13:53
    Thank you very much for your excellent review Iwan! I really appreciate it.
    kouzy1024
    64
    kouzy1024 2022.07.01 15:01 
     

    it's amazing. It's hard to tell whether to buy or sell now, and in the trend, leaving it to EA will definitely make a profit. However, I could reach the take profit in a little while, but I couldn't reach it, and in the end, it was a stop loss. I trade in 11 currencies with Matrix Arrow EA. It is a reliable EA to make a profit. With this EA, if you set the take profit of 1000 yen with Japanese Yen, you can definitely make a profit with each trade, though it is really tricky. Thank you very much for your kindness. Please give it a try.

    Juvenille Emperor Limited
    67518
    Reply from developer Eleni Anna Branou 2022.07.01 15:05
    Thank you very much for your excellent review and your kind comments! I really appreciate it!
    Hakan Akgul
    1148
    Hakan Akgul 2022.04.24 01:30 
     

    simple and very usefull money managment. a lot of eas not including stoploss.. Basket ea will protect my capital. Thanks

    Juvenille Emperor Limited
    67518
    Reply from developer Eleni Anna Branou 2022.07.01 15:04
    Thank you very much for your great review Hakan!
    Reply to review
    Version 1.50 2023.11.14
    Fix of an issue.
    Version 1.40 2022.08.19
    Fix of an issue with FIFO accounts.
    Version 1.30 2022.08.10
    Basket EA MT5 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 MT5 was attached onto it, it is reached.

    2. Terminal, Push Notification and Email Alerts have been added, that if true the Basket EA MT5 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 1.20 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 1.10 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 MT5 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 MT5. 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.