Hidden SL TP MT5

Hide your stop loss and take profit from the broker. Hidden SL TP keeps your real levels on your chart only, and closes the trade itself when the price reaches them. Trade as usual: set SL and TP in the Trade tab or on the chart, the EA hides them at once.

Many traders do not want the broker, or other traders, to see where their stops and targets are. With hidden levels, the broker sees no take profit and only a backup stop loss, far away.

HOW IT WORKS

  • Your SL / TP become hidden: set them as always. The EA saves them, removes the take profit at the broker, and moves the stop loss to a backup position.
  • Dashed lines on the chart: red for the hidden SL, green for the hidden TP. Drag them to move a level. A level on the wrong side of the price is refused, so a trade is never closed by mistake.
  • Closed at your price: when Bid (buy) or Ask (sell) reaches a hidden level, the EA closes the trade and alerts you (popup and push).
  • Backup stop loss: a real SL at the broker at X times the hidden SL distance (default 2x). If your PC or MT5 is off, the trade stays protected. When the hidden SL is at break even or in profit, the backup goes to the entry price.
  • Saved: hidden levels come back after MT5 restarts.
  • Trades without SL / TP: optional default hidden levels in points.

PANEL

  • One row per trade: side, lot, symbol, hidden SL, hidden TP, profit.
  • Clear warning if Algo Trading is off (the hidden levels do not work then).
  • Works on all symbols or only the chart symbol, all trades, manual trades or one EA (magic number). Hedging and netting accounts.

INSTALLATION

  1. Drag Hidden SL TP MT5 onto any chart (one chart is enough for all symbols).
  2. Tick "Allow Algo Trading" in the Common tab, turn on the Algo Trading button.
  3. Open your trades as usual and set SL / TP. They become hidden.

IMPORTANT

  • Hidden levels work only while MetaTrader 5 is running and connected. Use a VPS for 24/5 protection, and keep the backup SL on.
  • A hidden level is closed with a market order, so slippage is possible in fast markets.
  • Want to open trades from the chart with lot by risk, break even and close buttons? See The Super Manager MT5 from the same author.

Questions or ideas? Send me a private message on MQL5. If the EA helps you, a short review is very welcome.

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