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OnPips Break even EA

1

This is a break even/break even plus EA. It moves your stop loss to break even(BE) or BE+ based on pre-set number of pips in profit. You can edit this in the input section. This EA sets breakeven for both manually and auto-opened trades.

Moving stop-loss to a  breakeven is popular among traders who wish to safeguard their trades and to let the trades run without incurring a risk of loss. With this  EA, you can have your stop-loss orders moved to a breakeven point automatically when a positive price move covers some specific distance. In particular, this expert advisor can detect when the current price is at some specified minimum distance from the trade's open price and move the stop to breakeven (that is; entry point). This is similar to a trailing stop, but instead of continuously trailing the stop, it is moved once to entry point or entry point plus some pips(This is what I mean by the term "break even plus - BE+").

Search "Pips Break Even EA" for the MT5 version of the same EA

INPUT PARAMETERS

Magic Number: Leave it blank.

OnProfitPips: Sets the value of positive pips for open trades before your breakeven is activated. Double click on the values to edit it.

BEPoffsetPips: Sets the pips offset. Type in 0, if you do not want a pips offset. OR Type in any value you want to use as pips offset. This means that this EA can function also as a break even-plus (BE+) EA. So, you can either set it to serve as a break even or as a break even-plus EA. This will benefit traders whose brokers charge them commissions per trade, so that they can truly trade at zero risk.

Take note: This EA will work whether you have manually or automatically set stop loss or not.

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Welcome to the Drawdown Manager MT4, a equity protector – A powerful MetaTrader 4 Expert Advisor designed to manage trades and safeguard your trading account. This tool is equipped with various settings to enhance your trading experience and protect your investments, making it particularly useful for proprietary trading firms. MT5 version is avaialble here Features: General Settings: Configure essential parameters such as the Magic Number for identification and various trading options like set
ADAM for FTMO 40
Vyacheslav Izvarin
ADAM EA Special Version for FTMO  Our 1st EA created using ChatGPT technology Trade only GOOD and checked PROP FIRMS  Default parameters for Challenge $100,000 Tested on EURUSD and GBPUSD only  Use 15MIN Time Frame Close all deals and Auto-trading  before Weekend at 12:00 GMT+3  Friday For Prop Firms MUST use special Protector  https://www.mql5.com/en/market/product/94887 Signal using ADAM  https://www.mql5.com/en/signals/2190554 --------------------------------------------------------------
Trader Evolution MT4
Siarhei Vashchylka
5 (2)
" Trader Evolution " - A utility designed for traders who use wave and technical analysis in their work. One tab of the utility is capable of money management and opening orders, and the other can help in making Elliott wave and technical analysis. Manual (Be sure to read before purchasing) | Version for MT5 Advantages 1. Trading in a few clicks. Immediate and pending orders are available in the panel 2. Money management. The program automatically selects the appropriate lot size 3. Simpli
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This is a dual function EA.   It offers both trailing stop and break even(BE) or breakeven-plus(BE+) functions.   This EA sets BE/BE+ and Trailing stops for both manually and auto-opened trades. To use only the BE/BE+ function of the EA, type in the number 3, under BlockID in inputs, when initializing the EA. To use only trailing stop, type in 2. Trailing stop   is a more flexible variation of a normal exit order. T railing stop  is the practice of moving the stop-loss level closer to the curre
This is a break even(BE)/break even-plus(BE+) EA. It moves your stop loss to BE or BE+ based on pre-set percentage of current TP. You can edit the percentage in the input section. This EA sets breakeven for both manually and auto-opened trades.   Moving stop-loss to a       breakeven or BE+  is popular among traders who wish to safeguard their trades and to let the trades run without incurring a risk of loss. With  this  EA , you can have your stop-loss orders moved to a breakeven point automat
This is a break even(BE)/break even-plus(BE+) EA. It moves your stop loss to BE or BE+ based on pre-set percentage of current TP. You can edit the percentage in the input section. This EA sets breakeven for both manually and auto-opened trades.   Moving stop-loss to a     breakeven or BE+  is popular among traders who wish to safeguard their trades and to let the trades run without incurring a risk of loss. With  this  EA , you can have your stop-loss orders moved to a breakeven point automatica
This is a dual function EA.  It offers both trailing stop and break even(BE) or breakeven-plus(BE+) functions.  This EA sets BE/BE+ and Trailing stops for both manually and auto-opened trades. To use only the BE/BE+ function of the EA, type in the number 3, under BlockID in inputs, when initializing the EA. To use only trailing stop, type in 2. Trailing stop  is a more flexible variation of a normal exit order. T railing stop  is the practice of moving the stop-loss level closer to the current p
This EA Trails your stops for both manually and auto-opened trades. This EA will work whether you have manually or automatically set stop loss or not. Trailing stop   is a more flexible variation of a normal exit order. T railing stop  is the practice of moving the stop-loss level closer to the current price when the price moves in your favor. Trailing the stop-loss allows traders to limit their losses and safeguard their positive trades. It is a very popular practice. This EA will manage your o
This EA trails your stops based on percentage of current TP, for both manually and auto-opened trades.   You can edit the percentage value in the inputs. Trailing stop   is a more flexible variation of a normal exit order. T railing stop  is the practice of moving the stop-loss level closer to the current price when the price moves in your favor. Trailing the stop-loss allows traders to limit their losses and safeguard their positive trades. It is a very popular practice. This EA will manage you
This EA will set breakeven or breakeven-plus for your trades, whether you have manually or automatically set stop loss or not.   If your broker charges commissions per trade, you need to set breakeven plus, not just breakeven, in order to cover up those charges and properly let your trades run at zero risk. Inputs: In the inputs section , set   BEPoffsetPips   to 0, to use it as a "breakeven" EA. Or set   BEPoffsetPips   to any amount of pips you want, to use it as a "breakeven-plus" EA. "OnP
This is a break even/break even plus EA. It moves your stop loss to break even(BE) or BE+ based on pre-set number of pips in profit. You can edit this in the input section. This EA sets breakeven for both manually and auto-opened trades. Moving stop-loss to a     breakeven   is popular among traders who wish to safeguard their trades and to let the trades run without incurring a risk of loss. With this     EA , you can have your stop-loss orders moved to a breakeven point automatically when a po
This EA trails your stops based on percentage of current TP, for both manually and auto-opened trades.   You can edit the percentage value in the inputs. Trailing stop   is a more flexible variation of a normal exit order. T railing stop  is the practice of moving the stop-loss level closer to the current price when the price moves in your favor. Trailing the stop-loss allows traders to limit their losses and safeguard their positive trades. It is a very popular practice. This EA will manage you
This EA Trails your stops for both manually and auto-opened trades.  This EA will work whether you have manually or automatically set stop loss or not. Trailing stop   is a more flexible variation of a normal exit order. T railing stop  is the practice of moving the stop-loss level closer to the current price when the price moves in your favor. Trailing the stop-loss allows traders to limit their losses and safeguard their positive trades. It is a very popular practice. This EA will manage your
This EA will set breakeven or breakeven-plus for your trades, whether you have manually or automatically set stop loss or not. If your broker charges commissions per trade, you need to set breakeven plus, not just breakeven, in order to cover up those charges and properly let your trades run at zero risk. Inputs: In the inputs section , set   BEPoffsetPips   to 0, to use it as a "breakeven" EA. Or set   BEPoffsetPips   to any amount of pips you want, to use it as a "breakeven-plus" EA. "OnPro
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Stephen Martret
1214
Stephen Martret 2023.09.03 02:56 
 

Terrible! I asked seller before I bought this break even EA if it would manage trades from a trade copier, he said 100% it would, so I bought on this promise and it didn't, once I told him this and he had no solution for me outside of "it should work" so I asked for a refund and now he is saying he only gets around 80% of my payment back, but I asked to refund that and now he is avoiding me and the refund request, please be aware here

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Version 1.2 2023.06.17
It has been upgraded to function also as a break even-plus (BE+) EA. So, you can either set it to serve as a break even or as a break even-plus EA. This will benefit traders whose brokers charge them commissions per trade, so that they can truly trade at zero risk.
I mean, there is pips offset now.
Version 1.1 2023.03.12
The input section is made very simple to understand.