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Range Auto TP SL

FREE

Published: 31 May 2023

Current version: 1.0

Range Auto TP SL

Name: Range Auto TP SL
Rating: 4.52 (25 reviews)
Author: Dilwyn Tng

4.52

Experts
Dilwyn Tng
Version: 1.0

Range Auto TP SL is for you, 100% free for now, download it and give me a good review and you are free to use it for lifetime !!!!

Range Auto TP SL is a EA to set Stop Loss and Take Profit level based on range using Average True Range (ATR). It works on both manually opened positions via PC MT5 Teriminals or MT5 Mobiles and EA/robots opened position. You can specify magic number for it to work on or it can work on all the positions.

Many EA does not good Stop Loss and Take Profit function and it is cumblesome to set TP and SL of Manual Trade or EA opened trades especially in when the EA is a multi currency EA, Range Auto TP SL can help you to set TP and SL automatically and quickly.

This EA works in points and works for all symbols, pairs and brokers. It is very fexible, which you can use it one 1 or many sybol, 1 or magic numbers.

To Backtest: Load this EA in a demo account and open some manual trade without stop loss and take profit settings, then check the stop losses and take profits.

Note: This free EA is fully functional and tested on live and demo accounts, if it does not work for you, check your at your MT4 and broker account, there is no limitation in the code.

Settings:

ATR TimeFrame Timeframe where the range will be based on. If you are using Range Auto SL TP on EA opened manual, it is suggested that you use this timeframe as the EA's.

ATR Peroid Period of the above timeframe

ATR Shift Shift of the above timeframe

Take Profit Factor (ATR Value x This) Take Profit Factor times the ATR value. For example, A buy position price is 1.00050, ATR is 50points and you set this parameter as 2, Take Profit value will be set as 1.00150.

Stop Loss Factor (ATR Value x This) Stop Loss Factor times the ATR value. For example, A buy position price is 1.00050, ATR is 50points and you set this parameter as 1, Take Profit value will be set as 1.00000.

TP or SL have no value Only If you set this to false, Range Auto SL TP will set any newsly open position TP and SL, overwrite its current SL and TP value. If you set this to True, Range Auto SL TP will work on positions TP and SL which has 0 value only.

This Chart Symbol Only If you set this to false, Range Auto SL TP will set any newsly open position symbol TP and SL. If you set this to True, Range Auto SL TP will work on positions TP and SL of the chart symbol which you load Range Auto SL TP.

Magic Number as Below Only If you set this to false, Range Auto SL TP will work on any open position which bear the same magic number which you can set at the next field. If this is false, it will work all the magic numbers in the account.

Magic Number The magic number you want Range Auto SL TP to work on.

MM_TradeSize This is used in backtest of the EA, this EA will random open trades at the start of a candle. It will not open any trade in live account. This is a special feature you can see how it works before applying this EA into your account.

Some Tips:
You can load 1 or more Range Auto SL TP into 1 MT5 terminal, combined with TP or SL have no value Only, This Chart Symbol Only and Magic Number as Below only you can create a very fexible and powerful exit stratery

Use Take Profit Factor bigger then Stop Loss Factor

more...

118

Tak Fai Chan 2024.08.08 02:53 #

very good

269

Pui Hang Brian Chan 2024.08.01 16:27 #

not bad

samuel boadu 2024.07.28 16:07 #

Very good and saves time when adding SL and TP

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Prop Firm Equity Protector safe guard your hard earned prop firm account from balance or equity downdraw. It can be used for live/personal account too. It will close all positions if drawdown hit the preset level or percentage. It can be set to close other EA in the same MT4 terminal too. This utility is not need to use conjuction with HFT Prop Firm EA (Green Man), HFT Prop Firm EA has it build-in equity protector and also it has ultra low drawdown. Setting: Prop Firm Account Size Drawdown

99 USD

Prop Firm Toolbox contains the important tools for maximising your funded account prop firm accounts. It contains function: - Lot Size Consistency Advisor (This is the number one reason of prop firm not paying if you soft bleach this rule) - Biggest Profit Size Warning (This is the number two reason of prop firm not paying if you soft bleach this rule) - Spread Meter

99 USD

Filter:

biglibigli7476 2024.08.25 12:15 #

User didn't leave any comment to the rating

Tom. M. 2024.08.15 01:23 #

We need more like this. Great job.

118

Tak Fai Chan 2024.08.08 02:53 #

very good

269

Pui Hang Brian Chan 2024.08.01 16:27 #

not bad

samuel boadu 2024.07.28 16:07 #

Very good and saves time when adding SL and TP

147

Ahmed Yehia Rashad Abbas 2024.07.26 03:48 #

I looked crazy for this EA, It's absaloutly amazing unique and one of a kind EA, A must have with any trader, Amazing Job @Dilwyn Tng

Alex Munro 2024.07.23 01:53 #

A great addition to those EAs that don't incorporate a risk management properly.

KGOTSO MOLEFE 2024.07.17 01:51 #

User didn't leave any comment to the rating

Baowendsom KAFANDO 2024.06.30 15:47 #

It's OK...But it will be more perfect if it integrates the Traling Stop

155

Josua Eugster 2024.06.16 19:20 #

amazing and excelente EA, thanks Dilwyn for this good work

Zi Xi Han 2024.06.11 09:18 #

not bad

200

DrLipsitz 2024.05.28 20:52 #

Needs to be able to alter colors. Unable to use with my current chart configuration. Would be willing to buy

30581

Reply from developer Dilwyn Tng 2024.07.01 17:30 #

Amazing noob comment

1364

Seth Tetteh 2024.04.25 11:54 #

cool

Mick Sanders 2024.04.18 13:56 #

User didn't leave any comment to the rating

ryan lanzafame 2024.04.16 08:25 #

User didn't leave any comment to the rating

551

Calogero Vella 2024.04.12 13:08 #

Danke, funktioniert gut! Weiterhin viel erfolg.

165

vincenzo Bisignani 2024.04.08 16:01 #

Good ea

21273596 2024.03.09 10:45 #

hi never opened a single trade in past 4 days any idea what could be the issue

30581

Reply from developer Dilwyn Tng 2024.04.08 16:24 #

If one cannot read products description, cannot tell the different between a EA and utility, I would ask him to stay away from forex. Forex is not for the illiterate.

Lina Bataglia 2024.02.27 18:28 #

Excelent EA, thank you.

Khai To 2024.02.26 02:49 #

thanks you, very good ea, help my trading alot

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