TD Break Even Manager
- Utilitaires
- Version: 1.0
- Activations: 5
TD Break-Even Manager protects open trades by moving the stop-loss to break-even once your position reaches a profit trigger in points.
WHAT YOU GET
• Automatic SL → break-even after X points of profit
• Optional tiny BE offset to lock a small cushion
• Filters: chart symbol / magic number
• Improves SL only (does not loosen protection)
• Apply once per position ticket (optional)
• On-chart status panel
• Enable/disable manage switch
WHAT IT DOES
• Modifies stop-loss on matching open positions
WHAT IT DOES NOT DO
• Does NOT open new trades
• Does NOT close positions (no partial close in v1.00)
• Not a signal service
• No profit guarantees
INPUTS
• Symbol / magic filters
• Trigger points, BE offset points
• Only improve SL, skip if no SL, manage once
• Enable manage, max modifies per tick
• Alerts, panel display
HOW TO USE
1. Attach TD Break-Even Manager to your chart
2. Set trigger (example: 100 points) and BE offset (example: 10)
3. Keep Algo Trading enabled (required to modify SL)
4. Open trades manually or with another EA — this tool only manages SL
RECOMMENDED WITH
• TD Risk Sizer — https://www.mql5.com/en/market/product/189544
• TD Equity Guard — https://www.mql5.com/en/market/product/189552
• TD Spread Guard — https://www.mql5.com/en/market/product/189548
• Trade Tools Desk — https://www.mql5.com/en/market/product/189539
DISCLAIMER
Educational utility. Modifying stops can still result in losses (gaps, slippage, broker rules). Author: pipo-xdavens.
