Auto BE break even EA

AUTO BE Utility – Breakeven Manager for MetaTrader 4

The AUTO BE Utility by KALIFX is a compact and efficient trade-management tool for MetaTrader 4.
It automatically adjusts the stop-loss level to the breakeven point once the market price reaches a defined profit distance.
This ensures that active trades are protected from reversals once they move into profit, without requiring manual intervention.

Main Features

• Automatic Breakeven Control – Moves the stop-loss to breakeven when the price reaches the specified activation level.

• Automatic SL / TP Placement – Assigns stop-loss and take-profit levels automatically when trades open, according to your predefined inputs.

• Custom Activation Point – Define the percentage of the total take-profit distance at which breakeven should activate.

• Offset Option – Add a pip-based offset beyond the entry price for flexibility in spread and cost coverage.

• Minimal Interface – Lightweight design with clear parameters for straightforward use.

Input Parameters

How to Use

1. Open the chart for the instrument you want to manage.

2. Attach the AUTO BE Utility to that chart.

3. Adjust input settings to match your preferred risk-management style.

4. The utility will automatically monitor and adjust stop-loss levels for trades on the attached symbol.

Usage Notes

• Works with both manual and Expert-Advisor-initiated trades.

• Compatible with all trading instruments and timeframes.

• Always test on a demo account before live use to confirm correct behavior with your broker’s settings.

• Support is provided via the MQL5 private-message system.