The Basket EA MT5 has been updated with the following options:
Magic Numbers to Manage, along with Symbols to Manage and Symbols not to Manage have been included to allow a better and easier control of the account trades that the Basket EA MT5 will manage.
New basket settings in money have been added. Now the user apart from the basket percentage SL, TP, BE and Trailing SL settings, can select SL, TP, BE and Trailing SL settings in account currency (in money), for all managed positions combined.
Finally Account Protection settings are offered by the Basket EA MT5. Now you can protect your trading account with account equity take profit and stop loss levels, that when reached the EA will close all open trades, delete any pending orders and close all charts with any other EAs attached on them if selected.
i have 1000usd balance and my trades diffirent on pairs...
if my loss trades total 200usd .. " mean 50usd loss gold and 150usd loss dax total loss 200usd"
i want to stop all pairs.
can you show me what can i do?
Hello Hakan, if you want only to close the current open trades you should put 200 in the Basket Stop Loss in Money setting (and Use Basket Stop Loss in Money=true).
If you want to close all open trades and charts, removing any other EAs working on your terminal, you need to put 800 in the Account Stop Loss Equity setting (and Close All Charts After TP/SL Equity=true).
Basket EA MT5 has been updated with the following additions:
1. A new Account Protection option has been added, that allows the user to close all account trades and charts, removing any other EAs attached on them, if a certain Maximum Drawdown percentage from the highest level of account balance, since the Basket EA MT5 was attached onto it, it is reached.
2. Terminal, Push Notification and Email Alerts have been added, that if true the Basket EA MT5 will send the appropriate message with the current account balance, if any of the Basket in % or Money, or Account Protection settings has been triggered.
Alexandros Armeniakos #: I bought basket utility. I trade four pairs with two Expert Advisor every pair. Can I use it one time for entire account and four time for each pair??
Yes, sure you can Alexandros, you need to attach 5 Basket EAs on 5 different charts, any charts and adjust each one to your requirements, the first for managing all symbols and the other 4 for managing 1 symbol each only.
Hello. i bought the Ea as protection for a other EA. Can I set the Ea to close everything as soon as -$2000 is reached in open positions? No matter what has been done before on Proft.
Pa-trader #: Hello. i bought the Ea as protection for a other EA. Can I set the Ea to close everything as soon as -$2000 is reached in open positions? No matter what has been done before on Proft.
Hello and thank you for your purchase.
Yes, you can do that if you put in the Basket EA MT5 settings:
Use Account Protection:True/false of the option to use the Account protection option for your entire trading account. When this is true, the EA will close all open trades and delete all pending orders in the account if the Account Take Profit or Account Stop Loss Equity is reached below. If the Close All Charts After TP/SL Equity setting below is also true, the EA will close all charts except the one is attached onto and will remove all other attached EAs, making sure that you keep your profits if Take Profit Equity was triggered or protect you from further losses if Stop Loss Equity was triggered. This setting must be also true if you want to use the Max Drawdown % from Balance High below.
Max Drawdown % from Balance High:In this setting you can put the maximum drawdown percentage that you can accept for your account, that when it is reached the EA will close all account trades and other charts, removing any other EAs attached on them, in order to save your account from further losses. The maximum drawdown percentage is calculated from the highest balance level of your account, since the EA was attached on it. This option will close all other charts and remove any other EAs attached on them, even if the below Close All Charts After TP/SL Equity setting is false. The above Use Account Protection setting must be true, if you want this Max Drawdown % from Balance High to work.
Account Take Profit Equity:The account equity level, over which the Account Protection above and the Close All Charts below will be triggered.
Account Stop Loss Equity:The account equity level, under which the Account Protection above and the Close All Charts below will be triggered.
Close All Charts After TP/SL Equity:True/false of the option to close all charts except the one the EA is attached onto and remove all other attached EAs, making sure that you keep your profits if Take Profit Equity was triggered or protect you from further losses if Stop Loss Equity was triggered.
Basket = sum of all specified currency pairs, not individually?
Trailing Stop = 0.0
Hello, yes of course, when you put some symbols in the 'Symbols to Manage' setting, all the below 'Basket' settings will be calculated on the open trades of these symbols only, together as a basket.
Also if you use the 'Basket Trailing Stop Loss in Money' settings, the Basket EA will monitor the open trades of these 'managed' symbols combined as a basket and will close them when your set targets are reached.
ok thanks, Basket Trailing Stop in Money: 10, I missed the setting, I have to set it too. That's exactly how I want it in principle !
You wrote:
The trailing SL is placing a stop loss for all open managed trades together as a basket and when the profit retraces back, all managed trades will be closed.
For example if you put: Basket Trailing Start in Money: 40 Basket Trailing Stop in Money: 10 Basket Trailing Step in Money: 10 when the combined profit of your open managed trades (Symbols to Manage) reach a profit of 40, the Basket EA will place a stop loss at 30 profit and it will move that SL in steps of 10. If the profit retraces and goes back to 30, all managed trades will be closed.
Dear friends,
The Basket EA MT5 has been updated with the following options:
Magic Numbers to Manage, along with Symbols to Manage and Symbols not to Manage have been included to allow a better and easier control of the account trades that the Basket EA MT5 will manage.
New basket settings in money have been added. Now the user apart from the basket percentage SL, TP, BE and Trailing SL settings, can select SL, TP, BE and Trailing SL settings in account currency (in money), for all managed positions combined.
Finally Account Protection settings are offered by the Basket EA MT5. Now you can protect your trading account with account equity take profit and stop loss levels, that when reached the EA will close all open trades, delete any pending orders and close all charts with any other EAs attached on them if selected.
Please update your Basket EA MT5.
Eleni i need your help
i have 1000usd balance and my trades diffirent on pairs...
if my loss trades total 200usd .. " mean 50usd loss gold and 150usd loss dax total loss 200usd"
i want to stop all pairs.
can you show me what can i do?
Eleni i need your help
i have 1000usd balance and my trades diffirent on pairs...
if my loss trades total 200usd .. " mean 50usd loss gold and 150usd loss dax total loss 200usd"
i want to stop all pairs.
can you show me what can i do?
Hello Hakan, if you want only to close the current open trades you should put 200 in the Basket Stop Loss in Money setting (and Use Basket Stop Loss in Money=true).
If you want to close all open trades and charts, removing any other EAs working on your terminal, you need to put 800 in the Account Stop Loss Equity setting (and Close All Charts After TP/SL Equity=true).
You can read all the details about settings here: https://www.mql5.com/en/blogs/post/746117
I bought basket utility. I trade four pairs with two Expert Advisor every pair. Can I use it one time for entire account and four time for each pair??
Yes, sure you can Alexandros, you need to attach 5 Basket EAs on 5 different charts, any charts and adjust each one to your requirements, the first for managing all symbols and the other 4 for managing 1 symbol each only.
I've sent detailed instructions to you by PM.
Thank you Eleni for all your help and kindness
Thank you very much Iwan for your nice comments and excellent review! I will always be by your side for anything you need.
Hello. i bought the Ea as protection for a other EA. Can I set the Ea to close everything as soon as -$2000 is reached in open positions? No matter what has been done before on Proft.
Hello and thank you for your purchase.
Yes, you can do that if you put in the Basket EA MT5 settings:
Use Basket Stop Loss in Money=true
Basket Stop Loss in Money=2000
Hello and thank you for your purchase.
Yes, you can do that if you put in the Basket EA MT5 settings:
Use Basket Stop Loss in Money=true
Basket Stop Loss in Money=2000
Thanks for the quick reply. Additionally - close all charts after tp/sl equity - if I want all charts with the other EA´s to be closed, right?
Thanks for the quick reply. Additionally - close all charts after tp/sl equity - if I want all charts with the other EA´s to be closed, right?
Yes, but in relation to the other Account Protection Settings.
You can read about them in the settings/inputs guide:
https://www.mql5.com/en/blogs/post/746117
Hi Eleni,
just bought basket ea.
I want to control equity DD to 2% and also want to stop 1 EA chart. is that possible? or it is only whole account.
Hi Eleni,
just bought basket ea.
I want to control equity DD to 2% and also want to stop 1 EA chart. is that possible? or it is only whole account.
Hello and thank you for your purchase.
With these settings the Basket EA will close all open account trades and charts when the total combined drawdown of all open trades exceed 2%.
It is not possible to close only 1 chart with 1 EA attached on it.
detailed instructions to you by PM.
Hello Eleni, ref. to comment #6, can you pls forward also to me the instructions you've sent? I'm in a similar situation.
Thanks and regards
Hello Eleni, ref. to comment #6, can you pls forward also to me the instructions you've sent? I'm in a similar situation.
Thanks and regards
Hello, yes I will.
I have this question, is this setting possible?
Basket = sum of all specified currency pairs, not individually?
Trailing Stop = 0.0
I have this question, is this setting possible?
Basket = sum of all specified currency pairs, not individually?
Trailing Stop = 0.0
Hello, yes of course, when you put some symbols in the 'Symbols to Manage' setting, all the below 'Basket' settings will be calculated on the open trades of these symbols only, together as a basket.
Also if you use the 'Basket Trailing Stop Loss in Money' settings, the Basket EA will monitor the open trades of these 'managed' symbols combined as a basket and will close them when your set targets are reached.
ok thanks, Basket Trailing Stop in Money: 10, I missed the setting, I have to set it too. That's exactly how I want it in principle !
You wrote:
The trailing SL is placing a stop loss for all open managed trades together as a basket and when the profit retraces back, all managed trades will be closed.
For example if you put:
Basket Trailing Start in Money: 40
Basket Trailing Stop in Money: 10
Basket Trailing Step in Money: 10
when the combined profit of your open managed trades (Symbols to Manage) reach a profit of 40, the Basket EA will place a stop loss at 30 profit and it will move that SL in steps of 10. If the profit retraces and goes back to 30, all managed trades will be closed.