Auto Breakeven Trailing Stop and Partial Close

A clean, free position manager for MetaTrader 5. Attach it to a chart and it looks after the trades you already have open: it moves them to break-even, trails the stop as they run, and takes a partial close at your target. It never opens trades and never fires a signal. It only manages what is already there.

What it does

• Auto break-even. Once a trade is a set number of points in profit, the stop jumps to entry, with an optional buffer so it locks a few points rather than exactly flat.
• Trailing stop. After a further threshold the stop follows price at a fixed distance, tightening only when it improves by at least your step, so it never spams tiny changes.
• Partial take-profit. At your target it closes part of the position, any percent you set, once per position, and can move the rest to break-even straight after.

Each rule is toggled on or off independently. Run just one, or all three together.

Who and what it manages

• This chart's symbol, or every symbol. One toggle.
• By magic number, or everything. Manage one EA's trades, or leave it at 0 to manage every position on the account, including trades you placed by hand.
• Point-based triggers, so it works the moment you attach it to any symbol.

Built to be safe

• No signals, no entries. It manages risk on open trades. It cannot open a position.
• Stops only ever move to protect. A stop is never loosened, only tightened toward profit.
• One partial per position, and it remembers. The partial-taken state is stored durably, so a reload, recompile or restart can never take a second partial off the same trade.
• Respects the broker. It normalizes volume to the lot step and keeps every stop the broker's minimum distance away, so modifications are accepted.

What it does not do

It does not open trades, predict direction, or fire buy and sell signals. You (or another EA) open the trade, this looks after it.

In the Strategy Tester it opens small sample trades so it has activity to show (a manager that only watches would otherwise do nothing in a backtest). On a live or demo account it never opens a trade, it only manages what is already there.

Note on account type. On a hedging account each position is managed on its own. On a netting account there is one position per symbol, so adding to it will not trigger a second partial.

Free, and built to the TickForgeFX standard: clean, honest, no hype. Works on any symbol and any timeframe. If it earns a spot on your charts, an honest review helps more than you know.