ProfitLossTrailEA

4.81

This Expert Advisor is a tool for managing orders.


The EA can

  • Place/remove a take profit.
  • Place/modify/delete a stop loss.
  • Manage all orders or specific ones having a certain ID.


You can to get the source code from here.


Parameters

  • ManageOrders:
    • Order_By_Order = Manage separately each order.
    • Same_Type_As_One = manage same orders (all buy or all sell as one order, like basket system).
  • PutTakeProfit: Put take profit in orders (yes/no).
  • TakeProfitPips: Take Profit in pips.
  • PutStopLoss: Put stop loss in order (yes/no).
  • StopLossPips: Stop Loss in pips.
  • UseTrailingStop: Use trailing stop loss (yes/no).
  • PutStopLossAfter: Put stop loss in order if order has profit x pips.
  • TrailingStop: Trailing stop loss in pips (distance to follow order).
  • TrailingStep: Steps in pips to use for move stop loss.
  • UseBreakEven: Use Break Even (Put stop loss only in profit) (yes/no).
  • BreakEvenAfter: Put stop loss if order has profit x pips.
  • BreakEvenPips: Pips from order open price to put stop loss.
  • DeleteTakeProfit: Delete Take Profit if there is in order (yes/no).
  • DeleteStopLoss: Delete Stop loss if there is in order (yes/no).
  • MagicNumber:
    • >0: modify identifier orders (with special ID, this number is ID).
    • 0: modify all orders (from ea or manually).
    • -1: modify only manual orders.
    • -2: modify only chart symbol orders.
  • SoundAlert: Expert play sound in each operation.
  • ColorBackground: Option to change color comments' background.
Reviews 35
lmd
386
lmd 2025.12.11 14:08 
 

Very good

Dartmouth Robinson
388
Dartmouth Robinson 2025.01.05 19:51 
 

very useful and easy to use

Omar Alsaleem
1769
Omar Alsaleem 2024.07.30 08:35 
 

Excellent EA

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MultiStrategyEA  includes the set of seven different experts in one expert . The experts included are as follows,  AC_Expert, ADX_Expert, AO_Expert, DeM_Expert, ForceBB_Expert, MFI_Expert, MS_Expert , It has many parameters so that each user can find the appropriate settings that suit their investment profile. It can work on 28 different pairs, one pair per chart. The default parameter settings are indicative, I recommend that each user experiment to find their own settings.
FREE
MT5 VolatilityScalperEA
Nikolaos Pantzos
3.95 (21)
This expert is a pure volatility scalper working with market orders orders. Expert not use any indicator, only use prices action and volatility of price to generate signals. Using an algorithm to calculate the speed of price to generate the signals. There are three conditions for it to work: Tight spread  Fast execution Stop level = 0 Please during the tests of this EA do not simultaneously use another EA in the same terminal because it affects the modification speed. Try expert on demo accoun
FREE
MT5 CoupleHedgeEA
Nikolaos Pantzos
4.7 (10)
It's a two (2) pairs correlation system to use 3 currencies to make 2 pairs to open hedge orders on those. The expert starts opening four orders for each couple (2 plus and 2 minus) and wait to move prices in one direction to make a grid of orders. The expert can use a maximum of 5 currencies to make 10 pairs and make 30 couples. It is important the order of currencies is from the strongest to the weakest. Strongest... EUR/GBP/AUD/NZD/USD/CAD/CHF/JPY ...weakest. Canto inputs minimum of thr
FREE
GridSystemEA
Nikolaos Pantzos
4.71 (7)
It is a system with many options to help each user find their own settings. There are possibilities to use a filter based on two averages, as well as the choice of whether the system will work at certain hours of the market. The default settings are tested for the eurusd pair. I would recommend that each user do their own testing and find settings that suit their preferences. This is not a ready-made system that you will use without working on it. But it is a good tool to build each user a strat
FREE
MT5 RingSystemEA
Nikolaos Pantzos
5 (1)
It's a triangular arbitrage system (three pairs correlation system) to use 3 currencies to make 3 pairs to open hedge orders on those. The expert starts opening six orders for each ring (3 plus and 3 minus) and waits to move prices in one direction to make a grid of orders. The expert can use a maximum of 8 currencies to make 28 pairs and make 56 rings. It is important the order of currencies is from the strongest to the weakest. Strongest... EUR/GBP/AUD/NZD/USD/CAD/CHF/JPY ...weakest. Can
FREE
MT4 GridSystemEA
Nikolaos Pantzos
5 (6)
It is a system with many options to help each user find their own settings. There are possibilities to use a filter based on two averages, as well as the choice of whether the system will work at certain hours of the market. The default settings are tested for the eurusd pair. I would recommend that each user do their own testing and find settings that suit their preferences. This is not a ready-made system that you will use without working on it. But it is a good tool to build each user a strat
FREE
AO Expert
Nikolaos Pantzos
AO_Expert   is structured based on a specific technical analysis indicator ( Awesome  Oscillator ). It has many parameters so that each user can find the appropriate settings that suit their investment profile. It can work on 28 different pairs. The default parameter settings are indicative, I recommend that each user experiment to find their own settings.
FREE
MT4 BuildYourGridEA
Nikolaos Pantzos
4.4 (10)
BUILD YOUR GRID The expert is a system to help any trader to make a grid of orders (without martingale, lite martingale, or full martingale) easy and simple. Please make your test to find your settings. Default settings are just to take an idea of how the expert works. The expert can make according or contrary grid of orders. You can set the expert to work in hedge mode if the losses are huge. The system uses a high-risk strategy. It's better to test it first in a demo account. Version for MT5
FREE
MFI Expert
Nikolaos Pantzos
MFI_Expert   is structured based on a specific technical analysis indicator ( Money Flow Index ). It has many parameters so that each user can find the appropriate settings that suit their investment profile. It can work on 28 different pairs, one pair per chart. The default parameter settings are indicative, I recommend that each user experiment to find their own settings.
FREE
DeM Expert
Nikolaos Pantzos
DeM_Expert   is structured based on a specific technical analysis indicator ( DeMarker ). It has many parameters so that each user can find the appropriate settings that suit their investment profile. It can work on 28 different pairs, one pair per chart. The default parameter settings are indicative, I recommend that each user experiment to find their own settings.
FREE
MS Expert
Nikolaos Pantzos
MS_Expert   is structured based on a specific technical analysis indicator ( MACD  Oscillator   and Stochastic Oscillator ). It has many parameters so that each user can find the appropriate settings that suit their investment profile. It can work on 28 different pairs. The default parameter settings are indicative, I recommend that each user experiment to find their own settings.
FREE
ForceBB Expert
Nikolaos Pantzos
ForceBB_Expert   is structured based on two specifics technical analysis indicators ( Bollinger Bands and  Force Index ). It has many parameters so that each user can find the appropriate settings that suit their investment profile. It can work on 28 different pairs. The default parameter settings are indicative, I recommend that each user experiment to find their own settings.
FREE
VolatilityScalperEA
Nikolaos Pantzos
3 (2)
This expert is a pure volatility scalper working with two pending orders (buy stop and sell stop). Expert not use any indicator, only use prices action and volatility of price to generate signals. There are three conditions for it to work: Tight spread  Fast execution Stop level = 0 Please during the tests of this EA do not simultaneously use another EA in the same terminal because it affects the modification speed. Try expert on demo account first before use it on real one.
FREE
AC Expert
Nikolaos Pantzos
AC_Expert is structured based on a specific technical analysis indicator ( Accelerator Oscillator ) . It has many parameters so that each user can find the appropriate settings that suit their investment profile. It can work on 28 different pairs. The default parameter settings are indicative, I recommend that each user experiment to find their own settings.
FREE
ADX Expert FX
Nikolaos Pantzos
ADX_Expert   is structured based on a specific technical analysis indicator ( Average Directional Movement ). It has many parameters so that each user can find the appropriate settings that suit their investment profile. It can work on 28 different pairs, one pair per chart. The default parameter settings are indicative, I recommend that each user experiment to find their own settings.
FREE
FlySystemEA Pro
Nikolaos Pantzos
3.23 (13)
This Expert Advisor is a pure scalping system. The expert place and manage pending orders. Runs perfect on pairs with tight spread and low commission broker (commission plus spread equal or less than 1.0 pip). Choose a broker with zero stop level and fast execution to use expert. Pairs and Time Frame Pair: eurusd Time frame: M1 Default settings are good for eurusd. Information Please test expert on demo account first, before uses it on real account. Have on your mind, all scalpers are sensiti
FREE
FollowLine
Nikolaos Pantzos
4.89 (9)
This indicator uses Bollinger Bands lines to detect markets trend. It's a very useful tool for manual trading. Furthermore it is possible to use the indicator with ATR as a filter , as well as the option to pop up an alert when a reverse trend occurs. The readings are very simple to use and understand. Indicator works best on H1 timeframe. You can to get source code from here . Parameters BarsCount - How many bars used to show the line. BBperiod - Period of Bollinger Bands. BBdeviations - Devi
FREE
NewsReleaseEA Pro
Nikolaos Pantzos
5 (4)
NewsReleaseEA is an expert to trade about economic news uses pending orders. Expert receives data for events from ' http://forexfactory.com '." The expert can trade up 28 (31 with yuan) pairs from one chart. Expert has the option for manual strategy (user strategy) or uses one of five included strategies. Expert has analyzer for any trade to show information for any currency and any pair to help trader to make better strategy. Include Strategies Custom_Stategy  - There are too many options t
FREE
CoupleHedgeEA Pro
Nikolaos Pantzos
3.63 (8)
It's a two (2) pairs correlation system to use 3 currencies to make 2 pairs to open hedge orders on those. The expert starts opening four orders for each couple (2 plus and 2 minus) and wait to move prices in one direction to make a grid of orders. The expert can use a maximum of 5 currencies to make 10 pairs and make 30 couples. It is important the order of currencies is from the strongest to the weakest. Strongest... EUR/GBP/AUD/NZD/USD/CAD/CHF/JPY ...weakest. Canto inputs minimum of thr
FREE
I Compass
Nikolaos Pantzos
5 (1)
This indicator uses Moving Average to detect markets trend. It's a very useful tool for manual trading. If line is Midnight Blue, indicator detect up trend. If line is Dark Violet, indicator detect down trend. The readings are very simple to use and understand. Indicator works best on H1 timeframe. You can use this indicator with FollowLine to have more accurate signals. You can to get source code from here . Parameters BarsCount —How many bars used to show the line. MAperiods —Period of Movin
FREE
Account Info EA It is a tool that presents on the graph all the positions of the account, and specific information concerning the positions, but also the account. It enables the user to have an image of his account at a glance. Use like any expert advisor. You can't attach it in the same chart with other expert advisor. It does not have the ability to open or manage positions. You can attach it on any chart and any timeframe.
FREE
RingSystemEA Pro
Nikolaos Pantzos
2 (3)
It's a triangular arbitrage system (three pairs correlation system) to use 3 currencies to make 3 pairs to open hedge orders on those. The expert starts opening six orders for each ring (3 plus and 3 minus) and waits to move prices in one direction to make a grid of orders. The expert can use a maximum of 8 currencies to make 28 pairs and make 56 rings. It is important the order of currencies is from the strongest to the weakest. Strongest... EUR/GBP/AUD/NZD/USD/CAD/CHF/JPY ...weakest. Can
FREE
TokyoSessionEA
Nikolaos Pantzos
4.67 (3)
It's an expert to use prices action and trade level to open each order. Expert can to trade up 12 pairs, uses the corresponding default setting for each pair. Default settings are good for EURUSD pair and IC Markets broker. Time Frame: H1 Parameters PresetsParameters = Uses prosets parameters (12 pairs). Broker GMT Offset = Set broker different time from GMT time. Time Frame Use = Time frame of chart to run expert. Type Of Signals = Mode of signals. Time Set Levels = Time set levels to trade.
FREE
GridderEA Pro
Nikolaos Pantzos
3.83 (6)
It's a multi-currency grid and martingale system that can trade all input pairs from one chart. The expert will close all orders for each pair using a profit level. The expert has the possibility to trade up to 100 pairs. Information Chose a broker with fast execution and low spreads for effective results. Please make some tests on a demo account to see how the expert works before using it on a real account. For 0.01 lot size and leverage 1:500, you need an initial balance of at least 10,000 f
FREE
SailSystemEA Pro
Nikolaos Pantzos
3 (3)
This Expert Advisor is a pure hedging system. The expert place and manage two market opposite orders. Runs perfect on pairs with tight spread and low commission broker (commission plus spread equal or less than 0.5 pip). Pairs and Time Frame Pair: eurusd Time frame: M1 Default settings are good for eurusd. Information Please test expert on demo account first, before uses it on real account. Have on your mind, this expert is sensitive and depend on broker's slipping. Expert parameters UseVi
FREE
TimerEA
Nikolaos Pantzos
4.67 (3)
It's an expert to open and close orders on specific day and time. Expert open and close orders only with the same symbol it attached. Can set time open and close orders based day of year or day of week. Expert can send market orders and pending (stop or limit). Each order can placed with take profit and stop loss. There is option to use trailing stop loss and break even. Expert can manage only own orders or all orders of account. Information about the expert's parameters can find on the blog .
FREE
CCI in MA
Nikolaos Pantzos
4.75 (4)
iCC in iMA is indicator to change color in iMA if iCCI crosses level up (up trend) or crosses level down (down trend). It is a useful tool to track when the upside and the downside iCCI on iMA. You can to get source code from here . Parameters MA_Periods —Period for iMA. MA_Method — Method for iMA. CCI_Periods —Period for iCCI. CCI_ApliedPrice — Price used for iCCI. CCI_LevelsUp — Level iCCI for up trend. CCI_LevelsDN — Level iCCI for down trend. BarsCount — How many bars will show the line. R
FREE
STOCH in MA
Nikolaos Pantzos
iSTOCH in iMA is an indicator which applies the stochastic changes to the iMA. Changes are reflected by altering the moving average colors. It is a useful tool to see easily the upsides or downsides of the stochastic. You can to get source code from here . Parameters MA_Periods - iMA period. MA_Method - iMA method. K_Period - K line period. D_Period - D line period. Slowind - slowing. STOCH_MA_METHOD - averaging method for MA. PriceField - price (Low/High or Close/Close). STOCH_LevelUp - uptre
FREE
VirtualProfitLossTrailEA
Nikolaos Pantzos
4.75 (4)
This Utility is a tool to manage level of profits or losses for each order without using stop loss or take profit. The Utility applies virtual levels to close orders in profit or loss. You can use the robot to manage manually opened orders or manage orders opened by another EA. You can to get the source code from here . Parameters OrdersManage - orders to manage (all orders of all symbols or orders on the current chart). Stop Loss Pips - virtual stop loss level. Take Profit Pips - virtual take
FREE
Filter:
DecentOne
839
DecentOne 2026.04.20 05:28 
 

The ProfitLossTrail EA is a nice concept, but it is fatally flawed by severe coding errors. The developer used a continuous 10-millisecond timer loop instead of natural price ticks, which suffocates MT4 so badly that you have to manually disable and reactivate the EA just to make it function more than once. Additionally, the English language of top settings menu is horribly confusing even to the point of not being understandable after reading 20x and receiving support, and the inputs rely on a bizarre 4 step "Magic Number" inputs like "-2" just to target the attached chart. I ultimately had to update the source code myself to strip out the broken timer and nonsensical inputs to make it a reliable, functional tool.

lmd
386
lmd 2025.12.11 14:08 
 

Very good

Nicholas
38
Nicholas 2025.04.24 13:28 
 

User didn't leave any comment to the rating

Dartmouth Robinson
388
Dartmouth Robinson 2025.01.05 19:51 
 

very useful and easy to use

Omar Alsaleem
1769
Omar Alsaleem 2024.07.30 08:35 
 

Excellent EA

Nikolaos Pantzos
89211
Reply from developer Nikolaos Pantzos 2024.07.30 10:14
Thanks mate.
Bi Zhou
2095
Bi Zhou 2024.04.29 04:54 
 

I really like this tool that only one chart attach can manage all orders!

Nikolaos Pantzos
89211
Reply from developer Nikolaos Pantzos 2024.04.29 06:26
Thank you for your positive review.
MICHEL EDOUARD M ROELANS
650
MICHEL EDOUARD M ROELANS 2023.06.01 15:56 
 

This EA is really a must have for manual trading but not only. It can also work in parallel with your auto trading EA if this one doesn't provide SL like most of the EAs. You can also use it on a subcribed signal but it's more complicated because if you close a trade on a subscribed signal it comes back a little later. Anyway, it's possible!

Nikolaos Pantzos
89211
Reply from developer Nikolaos Pantzos 2023.06.01 15:58
Thank you for your kind words!
Sivaramakrishnan Thavasi
2591
Sivaramakrishnan Thavasi 2023.05.04 05:21 
 

author is genuine minded

Nikolaos Pantzos
89211
Reply from developer Nikolaos Pantzos 2023.05.04 05:56
Thank you for your kind words!
Brandon Thames
294
Brandon Thames 2023.02.08 03:32 
 

Perfect &lt;

Nikolaos Pantzos
89211
Reply from developer Nikolaos Pantzos 2023.02.08 07:36
Thank you!
Keokone
794
Keokone 2022.11.29 17:52 
 

Very good tool for manual trading. Thanks.

Nikolaos Pantzos
89211
Reply from developer Nikolaos Pantzos 2023.06.01 15:59
My pleasure!
tamebuchi888
54
tamebuchi888 2022.07.21 21:08 
 

User didn't leave any comment to the rating

Nikolaos Pantzos
89211
Reply from developer Nikolaos Pantzos 2022.07.21 21:13
I'm glad you find it useful and like it.
can
64
can 2022.02.03 07:49 
 

Dear Nikolaos , your ea is wonderful. is it possible to add "filter by comment" option as well? it would be great. thanks in advance.

Nikolaos Pantzos
89211
Reply from developer Nikolaos Pantzos 2022.02.03 11:28
Please try the last version. I made it.
Olga Snizhko
1037
Olga Snizhko 2021.11.14 13:50 
 

Good

Nikolaos Pantzos
89211
Reply from developer Nikolaos Pantzos 2023.06.01 15:59
Thank you!
Mehdi Faraz Fard
2470
Mehdi Faraz Fard 2021.07.11 13:34 
 

So far so good.Thanks

Nikolaos Pantzos
89211
Reply from developer Nikolaos Pantzos 2023.06.01 15:59
Thank you!
aworex
1915
aworex 2021.04.13 14:23 
 

Been using this EA for a couple of days and is a good utility to have with all open trades

Nikolaos Pantzos
89211
Reply from developer Nikolaos Pantzos 2023.06.01 16:00
Thank you!
Muhammad Arshad Durrani
427
Muhammad Arshad Durrani 2021.02.01 03:55 
 

I have been using this free EA for a week. It works without any problem and does what it suppose to do. I just wish if it could have other trailing option like MA or ATR based SL trailing. Thanks

Nikolaos Pantzos
89211
Reply from developer Nikolaos Pantzos 2023.06.01 16:01
Thank you!
swtrdr
256
swtrdr 2020.11.14 18:07 
 

Thank you for the contribution!

Nikolaos Pantzos
89211
Reply from developer Nikolaos Pantzos 2023.06.01 16:00
My pleasure!
mohdidrus
1140
mohdidrus 2020.10.17 07:07 
 

Great app. Easy to input parameters and good display layouts. Thank you so much.

Nikolaos Pantzos
89211
Reply from developer Nikolaos Pantzos 2023.06.01 16:00
My pleasure!
Mosimanegape Samuel Motseolapile
488
Mosimanegape Samuel Motseolapile 2020.05.28 15:43 
 

A very user friendly EA, easy to setup. I run my account on a VPS, so when I take trades, I don't have to input stoploss or take profit, this excellent EA does all that for me, all I do is open a sell or a buy trade and the EA applies the stoploss and take profit.

Nikolaos Pantzos
89211
Reply from developer Nikolaos Pantzos 2023.06.01 16:00
My pleasure!
Eldy Yakin Sinit
949
Eldy Yakin Sinit 2020.05.08 13:35 
 

This good, free EA. Suitable for single Entry.

Nikolaos Pantzos
89211
Reply from developer Nikolaos Pantzos 2023.06.01 16:01
Thank you!
12
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