Risk Manager with automatic hidden SLTP

This Expert Advisor (EA) for MetaTrader 5 (MT5) has been designed to automatically manage Stop Loss (SL) and Take Profit (TP).

Main Features

• Automatic Detection of Manual Positions : Monitors new manual positions without SL/TP and applies the configured rules

• Multiple Orders : Opening of multiple orders under the same conditions as the original position

• Hidden SL/TP : The hidden mode allows creating SL/TP invisible to your broker

•  Equity Protection": Allows defining a threshold for the account balance below which all positions are closed

• Transaction Events : Manages alerts on real closures (non-hidden) via the OnTradeTransaction event

Detailed List of All Present Features

• Number of positions to open simultaneously : Allows opening multiple copies of a detected manual position simultaneously (default: 1, meaning no copies). Useful for amplifying a strategy or diversifying risks

• True: all symbols, False: current symbol only : If enabled, the EA applies to all currency pairs or instruments; otherwise, only to the current symbol on the chart

• Number of positions to open simultaneously : A unique identifier to distinguish automatic positions from manual ones (default: 123456)

• Max deviation in points : Defines the maximum tolerance for slippage (price slippage) in points during order execution (default: 3)

• SL in pips from entry price : Distance of the Stop Loss from the entry price (default: 0 pips)

• TP in pips from entry price : Distance of the Take Profit from the entry price (default: 0 pips)

• Hide SL/TP from broker (manage virtually) : If enabled, manages SL/TP virtually (not visible to the broker), by checking and closing positions locally to avoid broker manipulations

• Use ATR to calculate dynamic SL/TP : Calculates SL/TP based on the Average True Range (ATR) for adaptation to market volatility:

03. Trailing Stop Settings:

• ATR multiplier for TP : Automatically moves the SL to follow profits once a certain distance is reached

• Trailing step in pips (if enabled) : Distance in pips to adjust the SL (default: 20 pips). Compatible with hidden mode (virtual)

• Trailing step in pips (if enabled) : Moves the SL to the entry point (or beyond) to secure profits without risk of loss

• Pips in profit to trigger breakeven : Number of pips in profit to activate breakeven (default: 50 pips)

• Pips to lock beyond entry (positive to secure profit) : Additional distance beyond the entry point to lock in a minimal profit (default: 0 pips; positive to secure gains). Compatible with hidden mode

• Enable Partial Close : Closes a portion of the position once a certain profit is reached, allowing to secure gains

• Pips in profit to trigger partial close : Number of pips in profit to trigger the closure (default: 100 pips)

• Percent of volume to close (0-100) : Percentage of the position volume to close (default: 50%; between 0 and 100)

• Max spread in pips to allow opening copies (0 = no limit) : Limits the opening of copies if the spread exceeds this value in pips (default: 0, meaning no limit). Avoids trades during periods of high volatility

• Max spread in pips to allow opening copies (0 = no limit) : Automatically adjusts lot sizes based on risk as a percentage of capital (default: 0, which uses the original volume). Calculates volume based on the distance to SL

• Max lot size per position (0 = no limit) : Maximum limit on position size (default: 0, no limit)

• Enable equity protection : Closes all positions if equity falls below a threshold

• Close all if equity below this percent of balance : Threshold as a percentage of the balance to trigger closure (default: 80%)

• Send notifications when SL/TP hit : Sends notifications (MT5 alerts) upon closure by SL/TP, partial closure, or equity protection