Take a Break MT5

4.83

The most advanced news filter on MQL market - free demo available

Take a Break has transformed from a basic news filter into a comprehensive account protection solution. It seamlessly pauses any other Expert Advisors during news events or based on your custom filters, all while safeguarding your EA settings - restoring them automatically when trading resumes for complete peace of mind.

Typical use cases:

  • A single news filter for all your EAs.
  • Stop trading during news/high volatility (+ close all trades before).
  • Stop trading when a certain daily profit/loss is reached (useful also for funding programs such as FTMO).
  • Stop trading when Account Equity, Balance or Margin is low.
  • Only trade on specific dates or times, e.g. only during the US session.

The various, built-in filters finally give you full control over your EA's operations making Take a Break an indispensable tool for every automated trader. As such, Take a Break may be the only tool you need for

  • drawdown control
  • equity protection
  • news trading
  • advanced time filter options

As a tool by traders for traders, your feedback is appreciated. If you have a feature request, find a bug or simply need support, just contact me. I'll be happy to help.


How to set up

Take a Break manages selected (or all) charts in your terminal using an EA and an indicator. The indicator identifies which charts the EA will control, so you must add it to each chart you want managed. Without the indicator, Take a Break will not work. After adding the indicator, all settings are managed through the EA.
  1. Add the URL https://trading.custom-solutions.it to the list of allowed WebRequest URLs (press CTRL+O, tab "Expert Advisors")
  2. Download the FREE Take a Break Indicator and follow the setup example.


Documentation

Ask me :)

... or navigate to the "What's new" tab and use your browser's search function (usually CTRL + F) to search for a specific parameter. I usually added a comprehensive description to all of them.


Parameters (excerpt)

Please check the "What's new" tab regularly for a complete and up-to-date list of all parameters + improvements.

--- External EA Settings ---

  • Force stop trading: If set to "true", templates will be applied even if there are open trades of your other EA. Useful to prevent your other EA from opening new trades during news, increased spreads etc. But can possibly leave the open trades unprotected during these periods (if they have no S/L set). Use with caution.

--- News Filters ---

  • Pause before NFP/High/Medium/Low Impact News (minutes)
  • Pause after NFP/High/Medium/Low Impact News (minutes)
  • Close trades X minutes before NFP/High/Medium/Low Impact News: Either all trades or only those with the specified "Magic Numbers" will be closed X minutes before the news.
  • Filter News Events: Only pause during specific events. Separate multiple event names by a comma like e.g. "PMI,Rate Statement,CPI".
  • Filter News Symbols: By default, Take a Break will determine the news for each symbol automatically. However, you can also specify your own set of symbols (e.g. "EUR,USD,GBP").

--- Additional Filters ---

  • Maximum Lots (0 = not used): Trading will be disabled when the sum of all orders' lots >= Maximum Lots. Set to "0" to disable it.
  • Maximum Spread (0 = not used): Spread filter for each symbol. Set to "0" to disable it.

--- Account Protection ---

  • Maximum Daily Profit Limit (0 = not used): Enter a daily profit limit in your account's base currency here. E.g. "100" means "stop trading when the daily profit reaches 100 EUR/USD/...". In this case, all trades will be closed and the chart template "Daily Profit/Loss Limit reached" applied.
  • Maximum Daily Loss Limit (0 = not used): Same as "Maximum Daily Profit Limit" but you specify a negative value here. E.g. "-100" means "stop trading when the daily loss reaches -100 EUR/USD/...".
  • Daily Profit/Loss Limit calculation mode: If set to "Equity", the profit/loss of open positions will also be taken into account when performing calculations. If set to "Balance", only the profit/loss of closed positions will be taken into account.
  • Timezone to reset Daily Profit/Loss Limit: By default, the limits are reset once every day at the specified "Time to reset Daily Profit/Loss Limit" broker server time. If you want the daily limits to be reset in another timezone, enter it here (e.g. "CET"). See List of Timezone Abbrevations.

--- Trading Times ---

  • Monday/Tuesday/Wednesday/Thursday/Friday/Saturday/Sunday Trading: Specify trading times as ranges and separate them by a comma. E.g. to trade from 04:00 to 05:00 and from 20:00 to 22:00 (broker server time), use one of the following formats:
    • 04:00 - 05:00,20:00 - 22:00 (extended)
    • 4,20-22 (simple)
  • Close trades on: In addition to the news filter, all trades can be closed either daily or on a specific weekday at the time specified under "Close trades at".


#equity protect #balance protect #drawdown limit #drawdown control #master control #trade manage #order manage #risk manage #prop firm

Avis 27
csernilaci
472
csernilaci 2025.06.25 06:05 
 

Excellent quality useful trading tool. It works perfectly well. I recommend it for purchase.

Cristian
29
Cristian 2025.05.22 14:03 
 

top quality ea and support is very good you can buy without doubts

Markus Bischoff
999
Markus Bischoff 2025.03.17 08:15 
 

this is a very good and helpful tool... and the support is also very good.

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Filtrer:
[Supprimé] 2025.07.02 06:24 
 

L'utilisateur n'a laissé aucun commentaire sur la note

milad tohidast
63
milad tohidast 2025.06.29 08:20 
 

L'utilisateur n'a laissé aucun commentaire sur la note

Eric Emmrich
10204
Réponse du développeur Eric Emmrich 2025.07.02 06:25
I replied to your comment to that :)
csernilaci
472
csernilaci 2025.06.25 06:05 
 

Excellent quality useful trading tool. It works perfectly well. I recommend it for purchase.

Cristian
29
Cristian 2025.05.22 14:03 
 

top quality ea and support is very good you can buy without doubts

Markus Bischoff
999
Markus Bischoff 2025.03.17 08:15 
 

this is a very good and helpful tool... and the support is also very good.

Eric Emmrich
10204
Réponse du développeur Eric Emmrich 2025.03.17 08:52
Thank you very much :)
Alex Lik Man Lo
592
Alex Lik Man Lo 2025.03.02 11:18 
 

Amazing EA, working as intended, so much features to explore on too!

Eric Emmrich
10204
Réponse du développeur Eric Emmrich 2025.03.03 07:54
Thank you very much for sharing your feedback! :)
Quantxtech
458
Quantxtech 2025.01.28 10:34 
 

Excellent EA. I recommend it to everyone. It allows me to integrate risk management functions and stay away from situations of high expected (news) and unexpected volatility. The author is very professional and enthusiastic, responds immediately and is very available to give suggestions and accept advice.

Eric Emmrich
10204
Réponse du développeur Eric Emmrich 2025.01.28 11:43
Thank you very much for taking the time for a review - much appreciated! :)
Max_Peres
688
Max_Peres 2024.12.22 09:48 
 

Great EA and complimentary Indicator! Most important features for me are News Filter and Equity Control - amazing to have both functions in one EA. Now I can sleep well with EAs running 24/7 and be assured that no big negative impact will happen. Another important point is that Eric responses almost immediately and clearly guides on any questions. 5 stars for the product and support!

Eric Emmrich
10204
Réponse du développeur Eric Emmrich 2024.12.22 20:45
Many thanks for your great review! Delighted to hear about your positive experience with TaB :)
Nice Trader
2786
Aller Uja 2024.12.01 17:46 
 

Great product

Eric Emmrich
10204
Réponse du développeur Eric Emmrich 2024.12.02 09:44
Thank you very much :)
LouiseB2604
777
LouiseB2604 2024.09.18 12:16 
 

Very useful tool. Flexible and reliable. A lot of features and parameters. I use it to pause the EA's when the floating P/L is under a pre-determined treshold. Eric is very supportive. Perfect !

ZERO9898.Tom KC Wang
2183
ZERO9898.Tom KC Wang 2024.08.22 04:00 
 

Great tool, awesome support, excellent developer!

Eric Emmrich
10204
Réponse du développeur Eric Emmrich 2024.08.22 08:25
Many thanks!
Farid Yandouz
500
Farid Yandouz 2024.07.13 08:44 
 

Great product that I have been using since 3 years ! Eric is also very supportive and friendly !

Eric Emmrich
10204
Réponse du développeur Eric Emmrich 2024.07.13 10:26
It's always really nice to hear that TaB is used long-term. Thank you so much - I appreciate it :)
Ravi Chandiran
728
Ravi Chandiran 2024.04.07 17:51 
 

The vendor (Eric) helped me to configure the settings. The EA is perfectly working well now. This will really help me in controlling Draw Downs especially when you trade Prop Trading.

Eric Emmrich
10204
Réponse du développeur Eric Emmrich 2024.04.16 21:10
I'm happy that we could resolve the issue in the end, through a 1:1 TeamViewer session :)
Gusbo75
314
Gusbo75 2024.01.05 18:55 
 

It does exactlly what is says on the tin! Which is not only amazing but very rare. very effective and highly customizable. getting a good EA is not that hard but finding a good account protection is nearly impossible. I am so glad i found it! More rare and amazing is that Michael is Eric is THE most supportive author i have come across in the mql market so far. really made my day and my trading so much easier and stress free!

Eric Emmrich
10204
Réponse du développeur Eric Emmrich 2024.01.05 22:58
Many thanks for taking the time for a review! Delighted to read about your positive experience with TaB :)
Carlosdel123
188
Carlosdel123 2023.11.29 16:00 
 

I am delighted to share my positive experience for TaB. The product's powerful features have significantly improved my trading experience and the author's quick and responsible issue resolution. TaB is an excellent product and a must have. Highly recommended!

Romain Francois Bernard Julian
597
Romain Francois Bernard Julian 2023.10.27 11:46 
 

The best EA of that kind. Erik is nice and helpfull. Thanks for the tool ! I highly recommend.

Alvin Chin
553
Alvin Chin 2023.07.07 11:59 
 

After using the EA for the last 2 months, finally I am convince that this is a must have product. This is the EA that comes in handy on news impact and the settings of my preferred trading hours. Support from Eric is great. Thank You.

Eric Emmrich
10204
Réponse du développeur Eric Emmrich 2023.07.07 18:54
Thank you, Alvin! I appreciate your review & happy to hear that TaB works well for you :)
augu1234
51
augu1234 2023.06.22 18:10 
 

A life saver tool, had to migrate my code to MT5 to be able to use this gem, it has a lot of features and I already tested it live it works tremendously. And not to mention that the creator Eric is very kind, great support, answers very fast and provided support even before I had my code on MT5 and directed me onto a solution that could fit my python code. Highly recommend, it will save you of a lot of losses !

Shavarsh Petakchyan
398
Shavarsh Petakchyan 2023.06.12 22:21 
 

i bought this to avoid high impact news trading, installed required indicator, still its useless, i had big loss during news as its not working, no support from the seller, i saw too many nice comments here but if you want to avoid news trading look anything else

Eric Emmrich
10204
Réponse du développeur Eric Emmrich 2023.06.13 10:22
We had a support session scheduled for last Tuesday where you did not show up nor informed me that you can‘t make it. That would have been more useful than a bad review with false claims. Also, if I don‘t reply to your messages right away during the weekend, it‘s not because I‘m ignoring you but because I sometimes have weekend, too. Should you still be interested in resolving the issue, let me know a suitable date and we will find a solution.
Mark Friedman
372
Mark Friedman 2023.03.17 22:21 
 

Exactly what I needed! Eric is very responsive and answered all my questions, even helping me with the actual settings. Highly recommend!

12
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