Breakevan Utility

BreakEvan Utility 

Is a simple tool in a panel with this utilities:

  • This utility will draw a Golden Line in the chart applied showing the breakeven price, considering all the positions opened for that specific symbol.

Also the information panel shows:

  • Balance
  • Breakeven Price for that chart
  • Force Breakeven (for that symbol) as ON/OFF
  • Force Breakeven Global (takes into account all trades opened) as ON/OFF
  • Total Lots opened for Symbol
  • Total Lots opened Global

And two buttons:

  • Force Breakeven: When you press it and turns into green, when breakeven price is reached the utility will close all the positions for that specific currency pair or symbol. Other trades are not affected. (OFF=RED) (ON=GREEN).
  • Global Breakeven: When you press it and turns into green, when total floating protifs reaches a breakeven point all trades are closed simultaneously independently of the symbols.  (OFF=RED) (ON=GREEN).
  • When both buttons are red the utility only draw a breakeven line into the chart and won’t close any trade. So it can be used as indicator only.

Inputs:

  • Commission: to calculate the excess of profit to compensate the loss in commissions (7 base lot currency for lot as default, check your broker for specifications).
  • Backtesting mode: Opens and closes random trades to show the graphical interface in demo mode (no buttons are allowed to work in demo but global is set as ON in that mode).

Warning:

Before using on your real account try it on demo to check for the correct behaviour, the author do not guarantee the right functioning in all brokers and symbols.

Panel updates every 10 seconds to reduce memory usage and CPU load but functions are updated on every tick.

Using this utility could affect the logic and functions of other EAs running, please be aware of the functions and its compatibility.

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SSFx Ultimate Hedge Manager EA Description: The SSFx Ultimate Hedge Manager EA is the pinnacle of trade management tools for the MT5 platform. Combining the advanced trade management features of the SSFx Hedge Manager EA with the comprehensive backtesting capabilities of the SSFx Manual Backtester, this ultimate product empowers traders to refine and optimize their strategies with unmatched flexibility. This EA focuses on a hedging-based approach to risk management, providing traders with a dyn
The  Easy Strategy Builder (ESB)  is a " Do It Yourself " solution that allows you to create a wide range of the automated trading strategies without any line of codes. This is the world’s easiest method to automate your strategies that can be used in STP, ECN and FIFO brokers. No drag and drop is needed. Just by set conditions of your trading strategy and change settings on desired values and let it work in your account. ESB has hundreds of modules to define unlimited possibilities of strategi
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