Automatic TP and SP

Introducing the Scalping Expert Advisor (EA) for Short Trades

This Expert Advisor (EA) is meticulously designed for short trades scalping, offering a blend of precision and efficiency to maximize your trading performance. Below, we delve into the key functions and features that make this EA an essential tool for scalpers.

Key Features:
  1. Automatic Take Profit (TP) and Stop Loss (SL) Settings:
    • Take Profit Input: Allows you to set a specific TP value, enabling precise control over your exit points to secure profits.
    • Stop Loss Input: Enables you to define a SL value, ensuring that losses are minimized and managed effectively.
  2. Trailing Stop Mechanism:
    • The trailing stop feature functions as a dynamic take profit, adjusting the SL as the trade becomes profitable. This helps lock in profits while allowing the trade to continue benefiting from favorable market movements.
  3. Break Even Functionality:
    • This feature activates when the price reaches 50% of the set TP, moving the SL to the entry price, effectively making the trade risk-free. This option can be toggled on or off based on your trading strategy.
  4. Additional Profit Input:
    • Allows you to specify an additional amount of profit to be added on top of the entry price. This flexibility ensures that you can optimize your entry points and maximize your potential gains.
How It Works:
  • Take Profit and Stop Loss: Upon opening a trade, the EA automatically applies the predefined TP and SL values, ensuring that your trades are managed according to your risk and reward preferences.
  • Trailing Stop: As the trade moves in your favor, the trailing stop adjusts the SL, protecting your profits while allowing the trade to capitalize on continued price movements.
  • Break Even: If the price hits 50% of the TP value, the break-even function (if enabled) moves the SL to the entry price, eliminating the risk of loss and securing a no-risk trade position.
  • Additional Profit: This input allows you to fine-tune your strategy by adding a specified number of pips to your entry price, giving you an edge in optimizing your trade entries.

Example Scenario:
Imagine setting a TP of 70 pips and a SL of 15 pips. With the trailing stop enabled, as the price moves in your favor, the SL will trail the price, locking in profits. If the price reaches 35 pips (50% of your TP), the break-even function can automatically adjust the SL to your entry price, making the trade risk-free. Additionally, you can set an extra profit margin to be added to your entry price, further enhancing your trading strategy.









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Pannello di trading per MetaTrader 5 — controllo professionale del trading in un clic dal grafico e dalla tastiera Un pannello di trading avanzato progettato per trader attivi, pensato per aprire, gestire e chiudere operazioni molto più velocemente rispetto all’interfaccia standard di MetaTrader. Questa soluzione è dedicata a chi desidera controllare posizioni, ordini pendenti, profitto totale ed esecuzione da un unico spazio di lavoro professionale. Non si tratta di un semplice utilitario. È u
Trade Dashboard MT5
Fatemeh Ameri
4.94 (135)
Trade Dashboard simplifies how you open, manage, and control your trades, with built-in lot size calculation. It allows you to execute trades, manage risk, and control positions directly on the chart, with tools such as partial close, breakeven, and trailing stop. Designed to reduce manual work and help you stay focused on your trading decisions. A demo version is available for testing. Detailed explanations of features are provided within the MQL5 platform. Installation instructions are include
The News Filter MT5
Leolouiski Gan
4.79 (24)
Questo prodotto filtra tutti gli esperti consulenti e i grafici manuali durante il periodo delle notizie, così non dovrai preoccuparti di improvvisi picchi di prezzo che potrebbero distruggere le tue impostazioni di trading manuali o le negoziazioni effettuate da altri esperti consulenti. Questo prodotto viene fornito anche con un sistema completo di gestione degli ordini che può gestire le tue posizioni aperte e gli ordini in sospeso prima della pubblicazione di qualsiasi notizia. Una volta che
Floor Watch
Syed Tauqeer Hussain Shah
Floor Watch One number, watched every thirty seconds: how far equity has fallen since the day began — or since its highest point, if it's told to trail the peak instead of the open. Cross the line and it doesn't argue. Every open position closes, every pending order vanishes, and anything that slips through afterward gets shut the moment it appears. Not asked. Removed. The floor holds until the clock turns 5 AM Pakistan time — then, and only then, does the day start over. One rule. No except
MT5 to Telegram Signal Provider è un'utilità facile da usare e completamente personalizzabile che consente l'invio di segnali specificati a una chat, canale o gruppo Telegram, rendendo il tuo account un fornitore di segnali. A differenza della maggior parte dei prodotti concorrenti, non utilizza importazioni DLL. [ Dimostrativo ] [ Manuale ] [ Versione MT4 ] [ Versione Discord ] [ Canale Telegram ]  New: [ Telegram To MT5 ] Configurazione Una guida utente passo-passo è disponibile. Nessuna cono
RETAILBERG FOOTPRINT CHART PRO — Order-Flow Workspace for MetaTrader 5 Version 7.00  |  Professional System  |  31 tools  |  One chart A full 150-page illustrated User Manual is included. Please read the full manual to understand this feature packed footprint chart elements and ui. https://www.mql5.com/en/blogs/post/777982 DEMO / STRATEGY TESTER — PLEASE READ FIRST
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Matheus de
18
Matheus de 2024.09.02 13:00 

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Zakaria El Karoui
594
Risposta dello sviluppatore Zakaria El Karoui 2024.09.06 11:49
Hello, Could you please contact me directly to give me more details?
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