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Trailing Stop and Breakeven MT4

Product Name: Trailing Stop and Breakeven Management EA

Description:
This EA (Expert Advisor) is designed to set trailing stops and breakeven levels for trades based on input parameters and a magic number in MT4. It can be used to manage trades placed manually or by any other EA. The EA allows customization of various settings to suit your trading strategy.

General Settings:

  1. Enable Magic Number (ENABLE_MAGIC_NUMBER): Enable to use a magic number for trades. Set to false for manual trades.

  2. Magic Number (MAGIC_NUMBER_INPUT): The magic number for trades.

Breakeven Settings:

  1. Enable Breakeven (USE_BREAKEVEN): Enable to activate breakeven.

  2. Breakeven Activation (BREAKEVEN_ACTIVATION): The number of pips to move the stop loss to breakeven.

  3. BreakEven Extra Pips (BE_EXTRA_PIPS): Additional pips to add to the breakeven level.

Trailing-Stop Settings:

  1. Use Trailing Stop Loss (USE_TRAILING_STOP_LOSS): Enable to activate trailing stop loss.

  2. Trailing Start (TRAILING_START): The number of pips to activate the trailing stop loss.

  3. Trailing Distance (TRAILING_DISTANCE): The number of pips to trail the price by.

  4. Increment Trailing Stop Loss (TRAILING_INCR): The increment in pips for the trailing stop loss.

Please note that these settings can be customized based on your trading preferences and risk management strategy.

Important Note:
Before using this EA, it is recommended to thoroughly test it in a demo account to ensure it meets your requirements and functions as expected.

Disclaimer:
Trading involves risks, and it is important to understand the potential risks and rewards associated with it. This EA is a tool to assist in managing trades but does not guarantee profits or prevent losses. Use it at your own risk.

If you have any further questions or need additional assistance, feel free to ask in comment and review the product if it helps you.It will encourage me to create more tools like this.


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MT4 Alert Signal Trader  is an EA that helps you trade MT4 Alert popup. Some indicators can provide signals by showing an alert popup containing signal texts. This EA will read and trade these signal texts. The alert texts should contain at least 2 elements:  (1) a symbol text   (ex: "EURUSD") and  (2) a command type   (ex: "Buy", "Sell", "Close") that trigger EA's trading activities. Some other contents that may have or not are open price, stop loss, take profit values... The EA needs an aweso
O MT4 to Discord Signal Provider é uma ferramenta fácil de usar e totalmente personalizável, projetada para enviar sinais de negociação diretamente para o Discord. Esta ferramenta transforma sua conta de negociação em um provedor de sinais eficiente. Personalize os formatos de mensagens para se adequar ao seu estilo! Para facilitar o uso, selecione entre modelos pré-desenhados e escolha quais elementos da mensagem incluir ou excluir. [ Demo ] [ Manual ] [ Versão MT5 ] [ Versão Telegram ] Confi
OrderManager MT4
Lukas Roth
4.63 (19)
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1 (1)
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Risk Management Panel is unique to tool calculate your risk quickly and place trades based on your account money. There are two options for the user  Account Equity Account Balance Tools like these is specially useful when you have to take a quickly decision about your trade but dont have the time to calculate the risk. It works with magic number. So the advantage is a trade placed by this panel could be manipulated by the other expert advisors as well
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Description This Expert Advisor mainly works on range breakout on a particular timeframe. The logic behind the this pretty simple. When a range is formed in any time frame (e.g. the range should be less than 20 pips and there must be atleast 30 candle in that range), this ea will wait for the range to be broken out on any direction. If the range is broken on the upper side it will enter into the buy position and hedge the lower ragne with sell position(Could be martingale multiplied lots). If
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Biswarup Banerjee
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Double top and bottom indicator is a pattern scanning indicator which scans the tops and bottoms using zig zag pattern. When it find price bouncing back from the same point twice after a long trend then it generate arrow signals whenever the last resistance points is broken for double bottom and last support price broken for double top. Unlike other top bottom scanner it does not give only 1 signal. it alerts user when ever the last support /resistance is broker from double top/bottom pattern un
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Biswarup Banerjee
This is a pure grid strategy which completely works on pricelevel. So the idea behind this simple algo is when it starts it places 6 orders.  Buy- Current price Sell- Current price BuyStop-  Current price+ Some Pip Configurable distance Sell Limit -   Current price+ Some Pip Configurable distance BuyLimit-    Current price- Some Pip Configurable distance SellStop -     Current price- Some Pip Configurable distance When any order hits its take profit it fill the gap with pending order. and Wh
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Versão 2.0 2023.11.12
added check for magic number in BE