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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--------------Welcome to use [MQL5 Signal Analyze Master]------------------  Function: Draw order tracks of MQL5 MT4 and MT5 signal on MT4 chart. [Using guide] 1.Use it as Experts. 2.Download history record from MQL5 signal(MT4 signal or MT5 signal).  3.Paste history record file below "MQL4/Files/" 4.Load [Signal Analyze Master] on the symbol chart what you want to analyze. 5.Paste the history record file name to parameter 'FileName' 6.Select  SignalType  match the history you download on MT4
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.
Exp Averager
Vladislav Andruschenko
4.82 (22)
Exp-Averager   est conçu pour faire la moyenne de vos transactions qui ont reçu un certain retrait en ouvrant des transactions de moyenne. Le conseiller a la possibilité d'ouvrir de nouvelles positions en tendance ou à contre-courant. Il comprend également une fonction intelligente de stop suiveur qui s'applique à une série de positions. Le conseiller peut augmenter ou diminuer la taille du lot des positions. Il s'agit d'une stratégie largement utilisée pour ramener les positions perdantes au p
Practice Simulator est un simulateur de trading tout-en-un pour le backtesting, l'entraînement au trading et le trading en direct. Que vous soyez débutant ayant besoin de pratique ou trader expérimenté analysant les marchés, cet outil répond à tous les niveaux. Concentrez-vous sur le trading Forex, l'analyse du marché ou l'optimisation des stratégies. Practice Simulator permet de trader à tout moment, même les jours fériés, avec une interface simple mais riche en fonctionnalités pour la gestion
EchoTrade Telegram to MT4 Copier
Perpetual Chinemerem Vincent
5 (2)
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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