Auto Breakeven RR Simple TradingPanel

The Auto-Breakeven RR Simple TradingPanel EA is a simple and intuitive tool that will be an asset to your trading arsenal.

Have you ever missed the perfect entry because you were busy calculating the lot size?
I have. Many times. Which is why I created this EA to simplify and automate risk management as much as I could.


A true SET AND FORGET tool - execute your trade and walk away to prevent micromanaging your trade. This tool secures the trade at your specified Risk-to-Reward (RR) level.


TradingPanel input fields:

  • Risk percentage - percentage of account balance or account equity to risk
  • Calculated lots - amount of lots that the order will be opened with when Buy/Sell button clicked
  • Stop loss pips - amount of stop loss pips
  • RR 1 : - risk to reward amount used to calculate amount of take profit pips
  • Take profit pips - amount of pips to calculate take profit price
  • Move to BE at 1: - RR at which stop loss is moved to break even


Features:

  • Auto-calculate lot size based on the risk percentage and stop loss input fields. Lot size can also be calculated using Account Balance or Account Equity.
  • Dashed line drawn indicates at which price the stop loss will get moved to break even (see video demonstration of the BE level moving when stop loss is moved manually).
  • Changing risk percentage calculates lots.
  • Changing stop loss pips calculates lots.
  • Changing "RR 1: "  calculates take profit pips.
  • Inputs to set max values for risk percentage, "RR 1: " and "Move to BE at 1: "
  • Inputs to allow calculated lots and take profit pips to be editable or not.
  • Highly customisable graphical object colours (text colour, background colour and border colour) for the window, panel, input fields, buttons and labels.
  • Input values are automatically saved when changing time frames and you close and reopen MT4.


Note:
* enter values in pips and not points
* graphical objects do not work in the strategy tester - only the buy and sell buttons work. Please look at videos attached to see how the features work.


Tip:

* save expert advisor settings after choosing your custom colours so you can load it on different charts


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In the current version this filter will only work with my   night scalpers and the EA Profitection Filter  or with other EAs that utilize the global variables set by this EA.  An MT5 version is availalble   here .  Many scalpers these days have a "normal" news filter, which filters calendar news such as interest rate decisions or CPI releases.  However, this breaking news filter is able to filter non-standard breaking news. It will check every minute for news and if it finds a news event, it w
ManHedger MT4
Peter Mueller
5 (2)
THIS EA IS A SEMI-AUTO EA, IT NEEDS USER INPUT. Manual & Test Version Please TEST this product before   BUYING  and watch my video about it. Contact me for user support or bug reports, or if you want the MT5 version! MT5 Version I do not guarantee any profits or financial success using this EA. With this Expert Advisor, you can: Implement your own   Zone Recovery   strategy to capitalize on trending markets. Create   Grid   trading strategies, to profit from ranging markets. Place orders easil
Close by percentage MT4
Konstantin Kulikov
5 (1)
Hello friends. I wrote this utility specifically for use in my profile with a large number of Expert Advisors and sets ("Joint_profiles_from_grid_sets" https://www.mql5.com/en/blogs/post/747929 ). Now, in order to limit losses on the account, there is no need to change the "Close_positions_at_percentage_of_loss" parameter on each chart. Just open one additional chart, attach this utility and set the desired percentage for closing all trades on the account. The utility has the following function
VirtualTradePad PRO SE MT4 — painel de trading avançado e ambiente de gráfico para MetaTrader 4 VirtualTradePad PRO SE é um painel de trading profissional e um ambiente de gerenciamento de operações para MetaTrader 4 . Ele ajuda traders a abrir, gerenciar, proteger, fechar e analisar operações com mais rapidez a partir de uma única interface baseada no gráfico. O produto foi criado para traders manuais ativos que precisam de mais do que um simples conjunto de botões. O PRO SE combina execução em
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