Market / MetaTrader 4 / Utilities /

AutoOrderModifyEAPro

40 USD

Demo downloaded: 7

Published: 5 December 2021

Current version: 1.51

AutoOrderModifyEAPro

Utilities
Hajime Tsuro
Version: 1.51
Updated: 7 December 2021
Activations: 7

AutoOrderModifyEAPro: A Vital Aid for Forex Traders, Both Manual and System-based

Catering to the diverse needs of forex traders, whether engaged in manual or system-based trading, AutoOrderModifyEAPro emerges as a pivotal tool in this intricate landscape.

The tool's efficacy is most evident in scenarios such as:

Enhancing EA Strategies: Addressing the common dilemma of lacking Trailing and/or Break Even mechanisms in otherwise promising EAs.
Streamlining Position Management: Overcoming the hassle of recalculating Stop Loss (SL) and Take Profit (TP) levels every time a position is initiated.
Comprehensive Trade Control: Empowering traders with the ability to manage both manual trades and those executed by EAs through the implementation of Trailing and Break Even functionalities.
Efficient Averaging: Simplifying the daunting task of averaging across multiple open positions.

Key Functionalities

Automated TP and SL: A streamlined approach to setting Take Profit and Stop Loss levels.
Automated Trailing by Magic Number: Facilitating automated trailing for designated Magic Numbers.
Automated Break Even by Magic Number: Introducing Break Even mechanisms based on Magic Numbers.
Manual Trade Management: Enabling effective control over manual trades, often denoted by "magic number 0".
Average Trailing and SL: Enhancing the practice of averaging by incorporating trailing and SL.
Auto SL Calculation by Deposit Balance: Introducing automated calculation of Stop Loss levels based on deposit balance.

It's noteworthy that AutoOrderModifyEAPro encompasses functionalities reminiscent of OneClickMagicTrader. Readers interested in exploring the dynamics of this tool can find further guidance on its usage within the description page of OneClickMagicTrader.

Furthermore, we extend our recommendation to consider the conjunction of ScalTradeAssistPro with AutoOrderModifyEAPro. This combination is poised to add substantial value to trading strategies, a suggestion rooted in our commitment to elevating the trading experience.

The integration of AutoOrderModifyEAPro into the forex trader's toolkit signifies a move towards efficiency, convenience, and strategic prowess, aligning with the dynamic demands of the forex landscape.

Expert parameters

PairPrefix - Set prefix of your broker (‘EURUSD).
PairSuffix - Set suffix of your broker (EURUSDpro).

UsePattern & MagicList:

You can set up to 10 patterns. On each pattern, you can put several magic numbers up to 10 magic numbers.

[Example] Pattern0

UsePattern - "True" or "false".
MagicList（Max10) - Type here the magic number you wish to manage.

If you type here, "1234, 1111, 0", it means that you can control Magic Number 1234, 1111 and also positions which you opened manually. (In case that you want to manage ALL positions, you can type "*")

UseSummary - To enable "Average Trails and SL". If you enable this function, the EA will control all positions with the desired magic number and treat them as if one position by averaging function.
UseMoneyManagementStopLoss - To enable Auto SL.
StopLoss (Pips or %) - You can figure the SL parameter. If you use Auto SL, you have to put in %. If you wish to decide it manually, put the parameter in pips.
TakeProfit (Pips) - In pips (0 means false).
UseTrailing - true/false.
TrailingMode - You can decide the mode for Trailing by, SL, Distance or HighLow.
TrailingStop - The parameters to start trailing. Put the parameter in pips.
TrailingDistance - Distance from current price.
TrailingHighLowTimeFrame - If you enable HighLow on TrailingMode, select the time frame you wish or simply leave it as "Do Not Use".
TrailingHighLowBuffer - In case you wish to put SL after/before HighLow. Here you can configure the highest (lowest) price of the one tick before. Example BUY for USDJPY: last lowest was 122.00, buffer 1.0 (pips), then SL will be placed at 121.99.
TrailingStep - Be sure to leave not too close (default 0.5).
UseBreakEven - true/false.
BreakEven - The parameters to start BreakEven. Put the parameter in pips.
BreakEvenProfit - put the parameter in pips.

Example

Let's say that we have one EA which uses the Magic Number 123456. It's a break even type EA. Great robot but lacking the trailing function.

We wish to start the trailing when we gain 30 pips and the trailing steps should be calculated by the distance from the actual price with 5 pips. All other parameters are not interesting since the breakeven EA manages it by him.

Pattern 0

UsePattern: true.
MagicList: 123456.
UseSummary: false.
UseMoneyManagementStopLoss: false.
StopLoss (Pips OR %): 0.0.
TakeProfit (Pips): 0.0.
UseTrailing: true.
TrailingMode: Distance.
TrailingStop: 30.
TrailingDistance: 5.
TrailingHighLowTimeFrame: Do Not Use.
TrailingHighLow: 0.0.
TrailingStep: 0.0.
UseBreakEven: false.
BreakEven: 0.0.
BreakEvenProfit: 0.

Now, I want to control my manual trades. We may use Pattern 1 for this configuration.

I want to open a position and I really wish that both of SL & TP would be set automatically. I want "50 pips" for SL and "200 pips" for TP. And of course I wish that the position would be managed by Trailing. So let's set them like below.

Pattern 1

UsePattern: true.
MagicList: 0 (0 means manual trades).
UseSummary: false.
UseMoneyManagementStopLoss: false.
StopLoss (Pips OR %): 50.0.
TakeProfit (Pips): 200.0.
UseTrailing: true.
TrailingMode: Distance.
TrailingStop: 30.
TrailingDistance: 5.
TrailingHighLowTimeFrame: Do Not Use.
TrailingHighLow: 0.0.
TrailingStep: 0.0.
UseBreakEven: false.
BreakEven: 0.0.
BreakEvenProfit: 0.

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This is a forex supporting tool for all manual traders. You can close positions immediately at once on the MT4 Terminal by a single click. CLOSE SELL: You can close SHORT positions of the target currency pair (same as the chart you’re using this EA). CLOSE BUY: Same as above but LONG positions will be closed. CLOSE ALL: All opened positions will be closed (no matter of currency pairs). You can select the closing method from CLOSE ALL or CLOSE ONE BY ONE. You can choose the positions to be closed

FREE

Meet GridRepeaTrain — Your Pending Orders Wingman! This EA’s here to back up your trading game with smart, repeatable pending orders. It’s got two modes : --------------------------------------------------------------------- [1] Single Mode and [2] Double Mode . Think of it like this: · Single Mode = only LONG or only SHORT pending orders (pick one and repeat it). · Double Mode = LIMIT or STOP pending orders (working both sides of the range). [1] Single Mode – The One-Sided

36 USD

This is a free trial version of ScalTradeAssist Pro ( https://www.mql5.com/en/market/product/25920 ) You can use all functions of the tool without any restriction except the lot size. (fixed as 0.01) I hope you'd like it and decide to purchase the professional version :) Below is the explanation of the ScalTradeAssist Pro. *If you see that the orders are not being placed, please check your spread setting, this tool watches it and never place orders if the spread is not matching. ScalTradeAssis

FREE

AutoOrderModify Free is a supporting tool for all Manual and System Forex Traders. It works perfectly for situations like: “I have a nice EA but lacks the Trailing and/or Break Even.” “I’m lazy to calculate SL and TP every time I open a position.” “I want to control all of my manual trades with Trailing/Break even” Anyone interested in this tool but want more function, please try the “ AutoOrderModifyEA Pro ”. The freeware version can’t manage positions by Magic Number but manage ALL positions.

FREE

***** Unlocking the Expertise: EA Source Code for Dedicated Learners ***** Commencing from November 2021 , the "EA + source code" version is at your disposal, ***** allowing those who purchase (not rent) this EA to explore its inner workings. *****T o acquire the source code, kindly direct your request, along with purchase information by sending messages to me. ***** Upon confirming your purchase, the source code will be extended to you. ***** < Disclaimer > ***** We provide the source code exc

110 USD

ScalTradeAssistPro: Empowering Manual Forex Traders with Enhanced Support The tool presents itself as a solution tailored to address specific scenarios, such as instances where brokers impose limitations on setting Stop Loss (SL) values in close proximity to the initial position value. Notably catering to the needs of scalping traders, ScalTradeAssistPro steps in with a unique capability—the ability to establish "virtual SL/TP" points. This innovative feature calculates both the Stop Loss and T

45 USD

Introducing Early Morning Scalper ATR: Precision Trading During Asian Forex Market A breakthrough in forex trading automation, the Early Morning Scalper ATR Expert Adviser offers a fully autonomous solution meticulously engineered for a specific window of opportunity—the early hours of the Asian Forex market. At its core, this innovative tool employs an advanced algorithm that orchestrates forex trading seamlessly. Augmenting its prowess are sophisticated internal indicators, which deftly ident

40 USD

Manual Forex Trading with Enhanced Functionality "OneClickMagicTrader," a powerful tool designed to cater to the needs of forex traders by simplifying various trading actions. Drawing parallels with the familiar "One Click Trading" feature of the MT4 terminal, OneClickMagicTrader allows traders to swiftly execute BUY or SELL orders with a single click. This tool, a brainchild of an avid trader who identified room for improvement, has now been shared with the entire forex community. Taking a st

30 USD

Unveiling WILD CYCLE EA: A Strategy for Dynamic Market Trends Adaptive Trading in Motion Embarking on the trading landscape from June 2021, the WILD CYCLE EA presents an evolutionary approach to market-trend following. Pioneering a relentless pursuit of profit, this EA deftly adapts to shifting market dynamics. Navigating the Core Strategy At its heart lies a fundamental approach—initiating positions in the direction of positive SWAP, such as the EURUSD SHORT. These positions are meticulously c

80 USD

***This is a MT5 version of ZigZag Breaout*** --------------------------------------------------------------------------------------------------------------------------------- ***** Unlocking the Expertise: EA Source Code for Dedicated Learners ***** Commencing from November 2021 , the "EA + source code" version is at your disposal, ***** allowing those who purchase (not rent) this EA to explore its inner workings. *****T o acquire the source code, kindly direct your request, along with purchase

110 USD

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