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Break Even and Trailing Stop EA

This is a dual function EA. It offers both trailing stop and break even(BE) or breakeven-plus(BE+) functions. This EA sets BE/BE+ and Trailing stops for both manually and auto-opened trades. To use only the BE/BE+ function of the EA, type in the number 3, under BlockID in inputs, when initializing the EA. To use only trailing stop, type in 2.

Trailing stop is a more flexible variation of a normal exit order. Trailing stop is the practice of moving the stop-loss level closer to the current price when the price moves in your favor. Trailing the stop-loss allows traders to limit their losses and safeguard their profits. It is a very popular practice. This EA will manage your order's stop-loss by moving it at fixed steps.  A trailing stop will allow a stop order to follow the last traded price based on a pre-set distance, and will automatically move to lock in your profits. It follows a simple rule and doesn't rely on any indicators.

Moving stop-loss to a  breakeven (entry point) is popular among traders who wish to safeguard their profits and to let their trades run without incurring a risk of loss. With this EA, you can have your stop-loss orders moved to entry point automatically when a positive price move covers some specific distance. In particular, this expert advisor can detect when the current price is at some specified minimum distance from the trade's open price and move the stop to breakeven (that is; entry point).  This is similar to a trailing stop, but instead of continuously trailing the stop, it is moved once to entry point.

Alternatively, moving stop-loss to a  breakeven-plus is essential if your broker charges you commissions per trade. This ensures that you are truly trading at zero risk. N/B: Breakeven plus means your stops are moved to entry point plus some pips (you will set this in the input section).

Click "https://www.mql5.com/en/market/product/83389" for the MT5 version of the same EA.

INPUT PARAMETERS

Magic Number: Leave it blank.

OnProfitPips: Sets the amount of pips on profit for a trade before your breakeven or breakeven-plus is activated.

BEPoffsetPips: This sets break even offset. Leave it at 0, to use as breakeven. Type in a value in pips, to use as a breakeven-plus. It could be 3, 5, 10, or any value you choose. Take note, this is in pips. If you type in 5, this means that your stop loss will be moved to open price plus 5 pips in profit. That is your breakeven-plus(BE+).

tStopPips: Sets trailing stop in pips.

tStepPips: Sets trailing step in pips.

BlockID: This enables you to either deactivate the trailing stop or break even function of the EA. Just type in "2" to deactivate break even function of the EA. Or type in "3" to deactivate the trailing stop function of the EA.

Take note: This EA will work whether you have manually or automatically set stop loss or not.

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Grid Manual es un panel de negociación para trabajar con una cuadrícula de órdenes. La utilidad es universal, tiene configuraciones flexibles y una interfaz intuitiva. Funciona con una cuadrícula de pedidos no solo en la dirección de promediar pérdidas, sino también en la dirección de aumentar las ganancias. El usuario no necesita crear y mantener una cuadrícula de pedidos, la utilidad lo hará. Basta con abrir un pedido y el "Grid manual" creará automáticamente una grilla de pedidos para el mism
Mentfx Mmanage
Anton Jere Calmes
5 (16)
Utilidades
The added video will show you the full functionality, effectiveness, and simplicity of this trade manager. Drag and Drop Trade Manager. Draw your entry and have the tool calculate the rest. Advanced targeting and close portions of a trade directly available in tool (manage trades while you sleep). Market order or limit order on either side with factored spread. Just draw the entry, the tool does the rest. Hotkey setup to make it simple. Draw where you want to enter, and the stop loss, the tool c
MT4 Alert Signal Trader
Nguyen Van Anh
4.5 (4)
Utilidades
MT4 Alert Signal Trader  is an EA that helps you trade MT4 Alert popup. Some indicators can provide signals by showing an alert popup containing signal texts. This EA will read and trade these signal texts. The alert texts should contain at least 2 elements:  (1) a symbol text   (ex: "EURUSD") and  (2) a command type   (ex: "Buy", "Sell", "Close") that trigger EA's trading activities. Some other contents that may have or not are open price, stop loss, take profit values... The EA needs an aweso
Forward Alert To Telegram
Trinh Dat
4.73 (11)
Utilidades
The Expert Advisor will help you forward all pop-up alert with screenshot from  MetaTrader 4 to Telegram channel/ group, also forward all notifications to Telegram. Parameters  -  Telegram Bot Token - create bot on Telegram and get token.  -  Telegram Chat ID  - input your Telegram user ID,  group / channel ID  -  Forward Alert - default true, to forward alert.  -  Send message as caption of Screenshot - default false, set true to send message below Screenshot  How to setup and guide  - Telegram
Take a Break
Eric Emmrich
5 (27)
Utilidades
The most advanced news filter and drawdown limiter on MQL market NEW: Take a Break can be backtested against your account history! Check the " What's new " tab for details. Take a Break has evolved from a once simple news filter to a full-fledged account protection tool. It pauses any other EA during potentially unfavorable market conditions and will continue trading when the noise is over. Typical use cases: Stop trading during news/high volatility (+ close my trades before). Stop trading when
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Hispraise Chinedum Abraham
5 (2)
Utilidades
Este Ultimate Sniper Dashboard personalizado es una actualización EA del indicador Ultimate Sniper Dashboard original. Funciona con hasta 98 algoritmos diferentes para asegurar que captura la verdadera naturaleza de una tendencia en una clase de activos con los que trabaje. Es una respuesta directa a muchas de las sugerencias y consejos que recibimos de la mayoría de nuestros clientes durante varios meses.   Esta versión personalizada es totalmente personalizable. Desarrollado por 98 algorit
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Trinh Dat
4.29 (7)
Utilidades
The Expert Advisor will send notifications via Discord when orders are opened/modified/closed on your MetaTrader 4 account. - Send message and screenshot to Discord group/channel.  - Easy to customize message.  - Support custom message for all languages - Support full Emoji.  - Send report Daily, Weekly, Monthly ( must show all history of orders ) Parameters - Discord url Webhook - create webhook on your Discord channel. - Magic number filter - default all, or input magic number to notify with
MT4 to Discord Signal Provider
Lukas Roth
5 (3)
Utilidades
El MT4 to Discord Signal Provider es una herramienta fácil de usar y completamente personalizable diseñada para enviar señales de trading directamente a Discord. Esta herramienta transforma tu cuenta de trading en un proveedor de señales eficiente. ¡Personaliza los formatos de los mensajes para adaptarlos a tu estilo! Para facilitar su uso, selecciona entre plantillas pre-diseñadas y elige qué elementos del mensaje incluir o excluir. [ Demo ] [ Manual ] [ Versión MT5 ] [ Versión Telegram ] Con
OrderManager MT4
Lukas Roth
4.63 (19)
Utilidades
Presentamos el OrderManager : Una herramienta revolucionaria para MT4 Gestiona tus operaciones como un profesional con la nueva utilidad Order Manager para MetaTrader 4. Diseñado con la simplicidad y la facilidad de uso en mente, Order Manager te permite definir y visualizar fácilmente el riesgo asociado con cada operación, permitiéndote tomar decisiones informadas y optimizar tu estrategia de trading. Para más información sobre OrderManager, por favor consulta el manual. [ Manual ] [ Versión MT
Equity Shield
Vladimir Stepanov
4.57 (7)
Utilidades
El Asesor Experto protegerá su cuenta de pérdidas inesperadas al monitorear constantemente la equidad y seguir las reglas según la entrada en los parámetros. Cuando se infringen las reglas, el EA cerrará todas las operaciones. Puede configurar el EA para que cierre todas las operaciones con un determinado porcentaje o pérdida de dinero, o para que cierre con un determinado porcentaje o ganancia de dinero. ¡Esta utilidad es muy útil para los Desafíos comerciales de apoyo para mantener el sorteo b
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Utilidades
This is a dual function EA.   It offers both trailing stop and break even(BE) or breakeven-plus(BE+) functions.   This EA sets BE/BE+ and Trailing stops for both manually and auto-opened trades. To use only the BE/BE+ function of the EA, type in the number 3, under BlockID in inputs, when initializing the EA. To use only trailing stop, type in 2. Trailing stop   is a more flexible variation of a normal exit order. T railing stop  is the practice of moving the stop-loss level closer to the curre
Percentage Break Even EA
Udeme Anietie Okon
Utilidades
This is a break even(BE)/break even-plus(BE+) EA. It moves your stop loss to BE or BE+ based on pre-set percentage of current TP. You can edit the percentage in the input section. This EA sets breakeven for both manually and auto-opened trades.   Moving stop-loss to a       breakeven or BE+  is popular among traders who wish to safeguard their trades and to let the trades run without incurring a risk of loss. With  this  EA , you can have your stop-loss orders moved to a breakeven point automat
Percent Break Even EA
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Utilidades
This is a break even(BE)/break even-plus(BE+) EA. It moves your stop loss to BE or BE+ based on pre-set percentage of current TP. You can edit the percentage in the input section. This EA sets breakeven for both manually and auto-opened trades.   Moving stop-loss to a     breakeven or BE+  is popular among traders who wish to safeguard their trades and to let the trades run without incurring a risk of loss. With  this  EA , you can have your stop-loss orders moved to a breakeven point automatica
Trailing Stop EA MT5
Udeme Anietie Okon
Utilidades
This EA Trails your stops for both manually and auto-opened trades.  This EA will work whether you have manually or automatically set stop loss or not. Trailing stop   is a more flexible variation of a normal exit order. T railing stop  is the practice of moving the stop-loss level closer to the current price when the price moves in your favor. Trailing the stop-loss allows traders to limit their losses and safeguard their positive trades. It is a very popular practice. This EA will manage your
OnPips Break even EA
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1 (1)
Utilidades
This is a break even/break even plus EA. It moves your stop loss to break even(BE) or BE+ based on pre-set number of pips in profit. You can edit this in the input section. This EA sets breakeven for both manually and auto-opened trades. Moving stop-loss to a     breakeven   is popular among traders who wish to safeguard their trades and to let the trades run without incurring a risk of loss. With this     EA , you can have your stop-loss orders moved to a breakeven point automatically when a p
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Udeme Anietie Okon
Utilidades
This EA Trails your stops for both manually and auto-opened trades. This EA will work whether you have manually or automatically set stop loss or not. Trailing stop   is a more flexible variation of a normal exit order. T railing stop  is the practice of moving the stop-loss level closer to the current price when the price moves in your favor. Trailing the stop-loss allows traders to limit their losses and safeguard their positive trades. It is a very popular practice. This EA will manage your o
Percentage Trailing Stop EA
Udeme Anietie Okon
Utilidades
This EA trails your stops based on percentage of current TP, for both manually and auto-opened trades.   You can edit the percentage value in the inputs. Trailing stop   is a more flexible variation of a normal exit order. T railing stop  is the practice of moving the stop-loss level closer to the current price when the price moves in your favor. Trailing the stop-loss allows traders to limit their losses and safeguard their positive trades. It is a very popular practice. This EA will manage you
Break Even Plus MT4
Udeme Anietie Okon
Utilidades
This EA will set breakeven or breakeven-plus for your trades, whether you have manually or automatically set stop loss or not.   If your broker charges commissions per trade, you need to set breakeven plus, not just breakeven, in order to cover up those charges and properly let your trades run at zero risk. Inputs: In the inputs section , set   BEPoffsetPips   to 0, to use it as a "breakeven" EA. Or set   BEPoffsetPips   to any amount of pips you want, to use it as a "breakeven-plus" EA. "OnP
Pips Break Even EA
Udeme Anietie Okon
Utilidades
This is a break even/break even plus EA. It moves your stop loss to break even(BE) or BE+ based on pre-set number of pips in profit. You can edit this in the input section. This EA sets breakeven for both manually and auto-opened trades. Moving stop-loss to a     breakeven   is popular among traders who wish to safeguard their trades and to let the trades run without incurring a risk of loss. With this     EA , you can have your stop-loss orders moved to a breakeven point automatically when a po
Percentage Trailing Stop Expert
Udeme Anietie Okon
Utilidades
This EA trails your stops based on percentage of current TP, for both manually and auto-opened trades.   You can edit the percentage value in the inputs. Trailing stop   is a more flexible variation of a normal exit order. T railing stop  is the practice of moving the stop-loss level closer to the current price when the price moves in your favor. Trailing the stop-loss allows traders to limit their losses and safeguard their positive trades. It is a very popular practice. This EA will manage you
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Udeme Anietie Okon
Utilidades
This EA will set breakeven or breakeven-plus for your trades, whether you have manually or automatically set stop loss or not. If your broker charges commissions per trade, you need to set breakeven plus, not just breakeven, in order to cover up those charges and properly let your trades run at zero risk. Inputs: In the inputs section , set   BEPoffsetPips   to 0, to use it as a "breakeven" EA. Or set   BEPoffsetPips   to any amount of pips you want, to use it as a "breakeven-plus" EA. "OnPro
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Versión 1.2 2023.04.03
It has been upgraded to function also as a break even-plus (BE+) EA. So, you can either set it to serve as a break even and trailing stop EA or as a break even-plus and Trailing stop EA. This will benefit traders whose brokers charge them commissions per trade, so that they can truly trade at zero risk.
Versión 1.1 2023.03.12
The input section is made very simple to understand.