Breakout Exit Sentinel

Trade management for existing positions

Breakout Exit Sentinel is a MetaTrader 5 trade-management utility for applying a defined exit process after a breakout position has been opened.

It does not open positions or place pending orders. It monitors and manages only the existing positions that meet your selected symbol, magic-number and scope filters.

What it does

• Shows the active management plan and position state directly on the chart.
• Supports configurable automatic exit management, which is disabled by default.
• Can secure a configured portion of an eligible open position when the configured conditions are met.
• Manages the remaining runner with the selected trailing settings.
• Uses independent exit checks, so the management process is not dependent on one condition alone.
• Displays price-context zones and clear management status for a quick review of the active plan.
• Supports both hedging and netting account modes. On netting accounts, a partial reduction is bounded by the current position volume.

How to use

1. Attach Breakout Exit Sentinel to the chart for the instrument you intend to manage.
2. Review the Inputs and set the position scope, exit rules, partial-exit behaviour and trailing behaviour for your trading plan.
3. Keep automated trading disabled while configuring or observing. Enable it only when you intend the utility to manage eligible existing positions automatically.
4. Monitor the on-chart status panel and the terminal Trade tab while positions are open.

Important information

Breakout Exit Sentinel is a trade-management utility. It does not guarantee profits, prevent losses or replace a trading plan. Execution can be affected by market conditions, liquidity, broker rules, minimum-volume and stop-distance requirements, and terminal connectivity. Test every setting on a demo account before using it on a live account.

Requirements

• MetaTrader 5
• The utility must be attached to the intended chart and configured for the intended positions.
• Any automated trade-management action requires permission for automated trading in the terminal.