Auto Stop Loss All Trades MT5
- Utilità
-
Prafull Manohar Nikam
Hello! Traders, I hope you are doing great.
Most forex people search online for "How to make 10 pips or more profit per day?" They never search for "How to make only 10 pips loss per day?" Why?! - Versione: 1.5
- Aggiornato: 21 dicembre 2025
- Attivazioni: 5
This utility automatically places Stop Loss and Take Profit levels on newly opened positions.
The Stop Loss and Take Profit values are specified in pips. The utility can also move Stop Loss to Break Even and trail the Stop Loss after a specified profit level is reached.
Input Parameters
SL and Trailing SL
Stop Loss value in pips.
If trailing is enabled, the same value is used as the trailing Stop Loss distance.
Trailing Steps
Distance in pips required before the Stop Loss is updated again while trailing.
Take Profit Pips
Take Profit value in pips.
Break Even Pips
Profit in pips required before the Stop Loss is moved to the Break Even level.
Break Even Offset Pips
Offset applied when moving Stop Loss to Break Even.
Example:
Open Price = 1.2000
Break Even Offset = 2 pips
New Stop Loss = 1.2002
Trailing Start Pips
Minimum profit in pips required before trailing starts.
Operation
When a new position is opened, the utility automatically places the Stop Loss and Take Profit.
If Break Even is enabled, the Stop Loss is moved when the specified profit level is reached.
If trailing is enabled, the Stop Loss is updated according to the trailing settings after the position reaches the Trailing Start level.
Just purchased and used this today. In terms of implementing and promoting positive risk management, its a really good, useful utility. So far it looks to be worth every cent of the purchase price and offers very good value. Can't offer full stars in the review as I've only had limited use and not needed support yet. :)