Blues Protector

Boost your forex profits with Blues Protector, an advanced MQL5 Expert Advisor designed for MetaTrader 5. This automated trading bot dynamically manages your stop-loss levels to secure gains and reduce risks.

Blues Protector EA - User Manual  
(For MT5 - Ready-to-Use EX5 File)  
1. What This EA Does  
The Blues Protector EA automatically secures your profits by smartly adjusting stop-loss levels when your trade reaches a predefined profit level. It works silently in the background, protecting your gains while letting winning trades run.  
2. How to Install (Ready-to-Use EX5 File)  
Step 1: Download the EA  
You will receive the Blues Protector.ex5 file (no installation needed).  
Step 2: Deploy in MetaTrader 5  
1. Open MetaTrader 5.  
2. Go to File → Open Data Folder.  
3. Navigate to:  
   - MQL5 → Experts  
   - Copy the Blues Protector.ex5 file here.  
4. Restart MT5.  
 Step 3: Attach to a Chart (Without Interfering with Other EAs)  
- Open a new chart (same symbol as your trades) to avoid conflicts with other EAs.  
- Drag and drop the Blues Protector EA from the Navigator panel onto this chart.  
- Configure settings (see below).  
- Click OK to activate.  
Important: Always attach this EA to a separate chart to prevent replacing other EAs.  
 3. Simple Settings Guide  
Setting - What It Does - Recommended Value
- Magic Number - Unique ID for trades (keep at 0 unless you need manual control) - 0 (default)  
- Profit Threshold ($) - How much profit (in your account currency) triggers protection - Example: 10.0 ($10 profit)  
- Protection Level (%) - How much profit to lock in (e.g., 50 = 50% protection) - 30-70% (adjust based on volatility)  
Pro Tip:  
- Higher Protection (%) = More profit secured but may trigger early on small moves.  
- Lower Protection (%) = Lets trades run longer but protects less.  
Avoid "Invalid Stops" Errors: If you trade large volumes, set a higher Profit Threshold to ensure the stop adjustment is valid. 
 4. How It Works (Simple Explanation)  
- For BUY Trades: Moves stop-loss up when profit hits your threshold, locking in gains.  
- For SELL Trades: Moves stop-loss down when profit hits your threshold, securing profits.  
- No Trade Opening: Only modifies existing trades (does not open new ones).  

Example:  
You buy EUR/USD at 1.1000, and it rises to 1.1050.  
- If Profit Threshold = $20 and Protection Level = 50%, the EA moves your stop-loss to lock in 50% of the profit.  
- If price keeps rising, it continues protecting profits at your set percentage.  
5. Avoiding Errors (Key Tips)  
- Use on Moderate Volumes – Large positions may trigger "invalid stop" errors if adjusted too early.  
- Set a Realistic Profit Threshold – Start with at least 1.5x your spread to avoid premature adjustments.  
- Works on All Symbols – Forex, stocks, crypto, etc. (but test first in a demo account).  
6. Frequently Asked Questions  

Q: Does this EA open trades?  
- No, it only modifies stops on existing trades.  

Q: Can I use it with other EAs?  
- Yes, but attach it to a separate chart to avoid conflicts.  

Q: Why did my stop-loss not update?  
- Profit did not reach your Profit Threshold.  
- The new stop was too close to price (increase threshold or lower protection %).  

Q: Does it work in fast markets?  
- Yes, but slippage may occur during high volatility.  



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Crypto Charting for MT5 – Integrazione grafici criptovalute in MetaTrader 5 Panoramica Crypto Charting for MT5 offre dati OHLC in tempo reale tramite WebSocket. Supporta più exchange e aggiorna automaticamente i dati in MT5. Funzionalità Dati in tempo reale via WebSocket Aggiornamento automatico dei dati storici Sincronizzazione pianificata dopo interruzioni Compatibile con tutti i timeframe MT5 Dati OHLCV completi Supporto per il tester di strategia Riconnessione automatica Exchange supportati
Hotkeys for Streamdeck
Manuel Michiels
5 (1)
MT5-StreamDeck offers the possibility to use a certain number of pre-programmed Hot-keys with a clearly defined role. So by the push of a button you can open a trade with a pre-defined lot size, stoploss and take profit. Close all your trades, close the ones in profit, or in loss, set Break-even or set a trailing stop. All this with a Hot key button. See the feature list for all the actions that can take place at the push of a button. Ideal for Quick Scalping or day trading with set risk managem
HINN Lazy Trader
ALGOFLOW OÜ
5 (2)
Lazy Trader is your personal risk management assistant that independently finds the best market entries, manages positions, and helps you extract maximum profit from every trading idea! It monitors charts from M1 to W1 , finds optimal entry points based on your parameters, and manages trades without your involvement: - Got an idea on the daily chart? No need to wait for lower timeframes to form a signal — Lazy Trader will check everything and open all necessary positions while you live your lif
Trade Copier Pro MT5
Vu Trung Kien
3.67 (3)
Trade Copier Pro MT5 is a tool to copy trade remotely to multiple MT4, MT5 and cTradfer accounts at different computers/locations over internet. This is an ideal solution for you if you are a signal provider and want to copy your trades to other receivers globally on your own rules. One provider can copy trades to multiple receivers and one receiver can get trade from multiple providers as well. The provider can even set the subscription expiry for each receiver, so that receiver will not be abl
What Exactly Is A Smart Trading Tool? Smart Trading Tool   was developed for fast and comfortable trading of the financial markets especially for   ORDER BLOCKS TRADERS .   It provides traders functionalities, such as: A Drawing Tool One-Click Trading Panel Automated Lot Sizes Calculation   based on your risk appetite & Money Management ( Watch this video , how this tool can help manage your risk per trade better!) Built in PRICE LEVELS (Fibonacci, Round Numbers, Daily hi-low, etc) Shows Trading
Assistente: Trade Assistant-MT4 (clicca per scaricare) Trade Assistant-MT5 (clicca per scaricare) Si prega di leggere attentamente le istruzioni per l'uso. Nozioni di base: Apertura e chiusura rapida delle posizioni, apertura e chiusura delle posizioni con un clic, inserimento degli ordini con un clic Commercio con linea di trazione Slittamento/spostamento automatico Simboli vicini Profitto protetto Sposta SL Proteggi SL di coda Controllo del rischio dell'account L'ombra dell'ordine Aggiun
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