Multi Order Breakeven Manager

Multi-Order Breakeven Manager – Utility for MT4

Overview

The Multi-Order Breakeven Manager is a utility for MetaTrader 4 designed primarily for managing XAUUSD (Gold) trades.
It automatically moves stop-loss levels to breakeven when open trades reach a predefined profit target.
The tool supports multiple positions and includes a grouping system that manages clustered orders within a user-defined pip distance.
It is suitable for both manual and automated trading setups.

Features

  • Multi-order management: Handles single or multiple XAUUSD positions, grouping trades that fall within a specified pip range.

  • Smart breakeven logic: Adjusts stop-loss levels only when the most recent order meets the breakeven trigger condition.

  • Offset control: Allows adding a small offset beyond the entry price to cover trading costs or secure a minimal profit.

  • Magic number filtering: Option to manage only trades from a specific Expert Advisor or all trades in the account.

Input Parameters

  • MagicNumber: The trade identifier to manage (set to 0 for all trades).

  • GapPips: The maximum pip distance for grouping related XAUUSD orders.

  • BETriggerPips: The profit level (in pips) at which breakeven adjustment is activated.

  • BEOffsetPips: The number of pips added beyond the entry price when setting the breakeven stop.

How to Use

  1. Attach the utility to an XAUUSD chart.

  2. Adjust the input parameters according to your trading setup.

  3. The utility will monitor open positions continuously.

  4. When the most recent order in a cluster reaches the target profit, all grouped orders will have their stop-loss moved to breakeven (including offset if set).

Notes

  • The utility does not open or close trades; it only manages stop-loss adjustments.

  • Always test the settings on a demo account before applying to live trading.

  • The tool is designed for XAUUSD but may be adapted for other instruments if desired.

  • No performance guarantees are expressed or implied.

Support

For assistance with settings or customization requests, contact the author through the MQL5 comments section or via the MQL5 private message system.

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Trading History - A program for trading and money management on the history of quotes in stratagy tester. It can work with pending and immediate orders, and is equipped with trailing stop, breakeven and take profit functions. Very good for training and testing different strategies. Manual (Be sure to read before purchasing) Advantages 1. Allows you to test any trading strategy in the shortest possible time 2. An excellent simulator for trading training. You can gain months of trading experience
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Perpetual Chinemerem Vincent
5 (2)
Utilitaires
EchoTrade Telegram to MT5 Copier Seamless, Instant, and Reliable Signal Copying - Direct from Telegram to MetaTrader 4! The product does not run in the strategy tester but you can get free trial version   here  for testing before purchase. Tired of manually executing trades from Telegram signals? EchoTrade automates the process, instantly copying trades from any Telegram channel or group directly into your MT5 account—accurately, efficiently, and without delay. Key Features: Universal Compatib
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Alain Verleyen
4 (2)
Utilitaires
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Signal Analyze Master
Shao Chen
Utilitaires
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Symbol Linking
Ruslan Jakishev
Utilitaires
This tool for linking charts in Metatrader 4. Thanks to this tool you have to change symbol only in the main window and all other change automatically. Add this tool to all charts that you want to be linked with each other. Set one chart as a main. Change symbol in the main window and linked windows change automatically to the new symbol. Input parameter isMainChart - set true only for the main chart window. Set false for all other linked windows.
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Anoop Sivasankaran
4.89 (9)
Utilitaires
Setup Easy Virtual Trader > Input your Rules > You are ready to trade from mobile or another EA or anywhere....Let robot manage your Trades !  This powerful EA will help you manage ALL or SPECIFIC trades automatically based on your PRE-SET rules and settings Once it is setup and running on just one chart, you don't need to monitor your orders anymore, the software will keep watching and control your orders with your predefined rules You can trade from your desktop MT4 or from your mobile appli
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Amir Atif
5 (3)
Utilitaires
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Sergej Chukhista
4 (4)
Utilitaires
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Calvin Andile Mahlangu
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