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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Trade Manager MT4 DaneTrades
Levi Dane Benjamin
4.09 (11)
Trade Manager pour vous aider à entrer et sortir rapidement des transactions tout en calculant automatiquement votre risque. Y compris des fonctionnalités pour vous aider à éviter le sur-trading, le trading de vengeance et le trading émotionnel. Les transactions peuvent être gérées automatiquement et les mesures de performances du compte peuvent être visualisées dans un graphique. Ces fonctionnalités rendent ce panneau idéal pour tous les traders manuels et contribuent à améliorer la plateforme
ManHedger MT4
Peter Mueller
5 (2)
THIS EA IS A SEMI-AUTO EA, IT NEEDS USER INPUT. Manual & Test Version Please TEST this product before   BUYING  and watch my video about it. Contact me for user support or bug reports, or if you want the MT5 version! MT5 Version I do not guarantee any profits or financial success using this EA. With this Expert Advisor, you can: Implement your own   Zone Recovery   strategy to capitalize on trending markets. Create   Grid   trading strategies, to profit from ranging markets. Place orders easil
Pointer synchronization
Roger Perez Lugo
4 (1)
Pointer synchronization is an indicator with which the pointer can be synchronized in all the visible charts of the terminal. It shows a crossed cursor in all the visible charts of the terminal, in position relative to the cursor of the active chart. To activate the indicator, simply press the button that appears in one of the corners of the chart once the indicator is added to the chart. To deactivate the indicator, simply press the button again. Once the indicator has been deactivated, the cr
TradeMirror est un outil de copie d'ordres localisé, spécialement conçu pour les plateformes MT4/MT5, qui synchronise les opérations de trading en temps réel. Avantages du produit En se basant sur les normes élevées des logiciels financiers en matière de sécurité, de stabilité et de protection de la vie privée, nous avons procédé à des optimisations en profondeur sur trois dimensions principales : Une interface graphique simple et intuitive, permettant une utilisation sans aucune barrière Des mé
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