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Take a Break MT5

Please check the "What's new" tab regularly for a complete and up-to-date list of all improvements + parameters.

Take a Break has evolved from a once simple news filter to a full-fledged account protection tool. It pauses any other EA during potentially unfavorable market conditions and will continue trading when the noise is over.

Typical use cases:

  • Stop trading during news/high volatility (+ close my trades before).
  • Stop trading when Account Equity, Balance or Margin is low.
  • Only trade on specific dates/times, e.g. the Asian session.
  • Stop trading for the day when a certain profit/loss is reached (useful also for funding programs such as FTMO).
  • Setup as a global (news) filter that handles all other EAs on your account.

The numerous, built-in filters finally give you full control over your EA's operations making Take a Break an indispensable tool for every automated trader. As such, Take a Break might be the only tool you need for

  • account protection
  • drawdown control
  • equity control

As a tool by traders for traders, your feedback is appreciated. If you have a feature request, find a bug or simply need support, just contact me. I'll be happy to help.


How to set up

  1. Add the URL https://trading.custom-solutions.it to the list of allowed WebRequest URLs (press CTRL+O, tab "Expert Advisors")
  2. Download the FREE Take a Break Indicator and follow the setup example.


Parameters (excerpt)

--- External EA Settings ---

  • Force stop trading: If set to "true", templates will be applied even if there are open trades of your other EA. Useful to prevent your other EA from opening new trades during news, increased spreads etc. But can possibly leave the open trades unprotected during these periods (if they have no S/L set). Use with caution.

--- News Filters ---

  • Pause before NFP/High/Medium/Low Impact News (minutes)
  • Pause after NFP/High/Medium/Low Impact News (minutes)
  • Close trades X minutes before NFP/High/Medium/Low Impact News: Either all trades or only those with the specified "Magic Numbers" will be closed X minutes before the news.
  • Filter News Events: Only pause during specific events. Separate multiple event names by a comma like e.g. "PMI,Rate Statement,CPI".
  • Filter News Symbols: By default, Take a Break will determine the news for each symbol automatically. However, you can also specify your own set of symbols (e.g. "EUR,USD,GBP").

--- Additional Filters ---

  • Maximum Lots (0 = not used): Trading will be disabled when the sum of all orders' lots >= Maximum Lots. Set to "0" to disable it.
  • Maximum Spread (0 = not used): Spread filter for each symbol. Set to "0" to disable it.

--- Account Protection ---

  • Maximum Daily Profit Limit (0 = not used): Enter a daily profit limit in your account's base currency here. E.g. "100" means "stop trading when the daily profit reaches 100 EUR/USD/...". In this case, all trades will be closed and the chart template "Daily Profit/Loss Limit reached" applied.
  • Maximum Daily Loss Limit (0 = not used): Same as "Maximum Daily Profit Limit" but you specify a negative value here. E.g. "-100" means "stop trading when the daily loss reaches -100 EUR/USD/...".
  • Daily Profit/Loss Limit calculation mode: If set to "Equity", the profit/loss of open positions will also be taken into account when performing calculations. If set to "Balance", only the profit/loss of closed positions will be taken into account.
  • Timezone to reset Daily Profit/Loss Limit: By default, the limits are reset once every day at the specified "Time to reset Daily Profit/Loss Limit" broker server time. If you want the daily limits to be reset in another timezone, enter it here (e.g. "CET"). See List of Timezone Abbrevations.

--- Trading Times ---

  • Monday/Tuesday/Wednesday/Thursday/Friday/Saturday/Sunday Trading: Specify trading times as ranges and separate them by a comma. E.g. to trade from 04:00 to 05:00 and from 20:00 to 22:00 (broker server time), use one of the following formats:
    • 04:00 - 05:00,20:00 - 22:00 (extended)
    • 4,20-22 (simple)
  • Close trades on: In addition to the news filter, all trades can be closed either daily or on a specific weekday at the time specified under "Close trades at".
Отзывы 1
lucaskoster
111
lucaskoster 2020.07.01 11:18 
 

Great support from Eric on solving timezones issues. EA is doing exactly what it needs to do, protect from news impact.

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Пока Вы торгуете,  Auto StopLoss Premium делает всю рутинную работу. "Must have" для скальпинга. А также лучший способ сохранить баланс на счету в случае форс мажора. (потеря интернет соединения, отключение електричества, резкое изменение направление цены) Программа автоматически в фоновом режиме добавляет к окрытым и отложеным ордерам стоплосс, у которых он не выставлен. А также добавляет тейк профит. Встроена антиреквот система, что означает что стоплосс всеравно пропишется, возможно с небольш
100 USD
FiboPlusWaves MT5
FiboPlusWaves MT5
Sergey Malysh
Серия продуктов под маркой  FiboPlusWave Готовая торговая система на основе  волн Эллиотта и уровней Фибоначчи . Просто и доступно. Отображение разметки волн Эллиотта (основной или альтернативный вариант) на графике. Построение горизонтальных уровней, линий поддержек и сопротивления, канала. Наложение уровней Фибоначчи на волны 1, 3, 5, A Система алертов (на экран, E-Mail, Push уведомления).    Особенности: не вникая в волновую теорию Эллиотта, можно сразу открыть один из возможных вариантов вхо
360 USD
Oracle
Oracle
Denis Sotnikov
Эксперт - торговый помощник, созданный по одноимённой торговой стратегии Оракул в сотрудничестве с ее автором Нео. Определяет на графиках в автоматическом режиме разворотные импульсные модели и строит по ним Вилки Нео - авторский инструмент, позволяющий определять циклы движения цены и указывающий на ожидаемую цель TakeProfit . Поиск ведется на всех заданных периодах графиков одновременно с фильтрацией совпадений. Осуществляется фильтрация неверных Вилок с указанием кода ошибки. Утилита имеет
299 USD
Active Lines
Active Lines
Yury Kulikov
Внимание : Демо не работает в тестере терминала. Active Lines - мощный профессиональный инструмент для работы с линиями на графике. Active Lines предоставляет широкий набор действий для событий, связанных с пересечением ценой линий. Например: оповестить, открыть/модифицировать/закрыть позицию, разместить/удалить отложенные ордера. Active Lines позволяет к одной линии "прикрепить" несколько различных заданий, при этом для каждого задания можно определить индивидуальные условия срабатывания, а
120 USD
Trade Copier Pro MT5
Trade Copier Pro MT5
Vu Trung Kien
Trade Copier Pro - это мощный инструмент для удаленного копирования сделок между несколькими счетами MetaTrader 4/MetaTrader 5, расположенными в разных местах, по сети интернет. Это идеальное решение для провайдеров сигналов, которые хотят поделиться своей торговлей с другими трейдерами по всему миру. Один поставщик может копировать сделки на множество счетов-получателей, а один получатель может копировать торговлю множества провайдеров. Поставщик также может установить время истечения подписки
149 USD
UR Basket MT5
UR Basket MT5
Krzysztof Jan Debski
UR Basket MT5   The best you can do is to protect your orders from turning into losses. You can now relax and let UR Basket take care of it. Advantages of using UR Basket: All parameters are dynamically changeable in the graphic panel on your chart - You DON'T need to restart the EA to change the parameters or recall what settings you used! You can track your orders through:  - Magic Number  - EA Comment  - Both of the above  - All of your trades at once UR Basket can track your profits thro
155 USD
YuClusters
YuClusters
Yury Kulikov
После обновления до v7 YuClusters будет стоить 185 USD. Внимание: Ознакомиться с работой программы можно с помощью бесплатной версии  YuClusters DEMO . YuСlusters это профессиональный инструмент анализа объемов торговли. Кластерный график строится на основе тиковой информации. Для биржевых финансовых инструментов это объем, тип и цена сделки, для Форекс-инструментов - это реальный или тиковый объем (зависит от брокера) и цена Bid. Доступно 7 критериев построения кластеров: Временной интервал, к
125 USD
Dashboard Babon Scalping System MT5
Dashboard Babon Scalping System MT5
Wang Yu
提供专业的EA编程服务,推出特色仪表盘EA编程,将您的交易策略自动化,可视化,一个图表管理多个交易货币对,详情查看: http://www.ex4gzs.com  Providing quick Developments and Conversion of MT4/MT5 EAs, Indicators, Scripts, and Tools. If you are looking for an Dashboard EA to turn your trading strategy into auto trading algo and to manage multi trades in one chart with visualizing tool, come and visit http://www.ex4gzs.com/en for more details. 如果产品有任何问题或者您需要在此产品上添加功能,请联系我 Contact/message me if you encounter any issue using the product or need extra featu
200 USD
Copier MT5
Copier MT5
Vladimir Gribachev
Copier MT5 - это самый быстрый и надежный копировщик сделок между несколькими счетами MetaTrader 4 (МТ4) и MetaTrader 5 (МТ5) установленными на одном компьютере или VPS сервере. Сделки копируются со счета MASTER на счет SLAVE, копирование происходит за счет обмена информации через текстовый файл со скоростью менее 0.5 сек., параметр настраивается. Копировщик сделок контролирует все изменения на MASTER-счете с высокой точностью, регулирует уровни SL и TP, поддерживает частичное и полное закрытие
125 USD
Partial Close Expert MT5
Partial Close Expert MT5
Omar Alkassar
Простейший в использовании Partial Close. Основной идеей советника является применение к позициям частичного закрытия. Советник автоматически находит ваши открытые рыночные позиции и применяет частичное закрытие в соответствии с вашими настройками. Установите советник Partial Close на графике, нажмите на клавиатуре "p" , измените настройки - и советник готов к работе. Демо-версия советника: https://www.mql5.com/ru/market/product/30480 Версия для MetaTrader 4: https://www.mql5.com/ru/market/produ
199 USD
Binance Full Trader
Binance Full Trader
Arash Rezaeian
Binance Full Trader is developed for connection to your Binance account and get data, draw price charts and trade easily with any strategy by an indicator. A user-friendly interface has developed for it and has tried to give access to the necessary information such as open orders and wallet balances. ·        There are two sample indicators (one for trade signal and another for price) that you can download it from these links: https://drive.google.com/file/d/1w2CGuu3rArWKMhS9LkepT9zhVkGR1AO7/vie
350 USD
Mission Automate MT5
Mission Automate MT5
Andrey Barinov
Это графический конструктор стратегий . Такой, каким он должен быть. Превратите ваши торговые стратегии и идеи в автоматических советников, не написав ни одной строчки кода. Сгенерируйте исходный mql код советников за несколько кликов и получите полностью рабочие советники, которые готовы для использования на real-time графиках , в тестере стратегий и для оптимизации в облаке. Больше информации о продукте, с разбором примеров построения схем можно найти в опубликованной статье:  https://www.mq
199 USD
Forward Alert To Telegram for MT5
Forward Alert To Telegram for MT5
Trinh Dat
The Expert Advisor will help you forward all alert from  MetaTrader 5 to Telegram channel/ group.  All alert must save to folder <Data folder>MQL5\Files\Alerts\ , text file with format *.txt and screenshot with format *.gif or *.png. Use   Alerts To File   Indicator to auto get all alert.  send me PM if you need help. Parameters: Telegram Bot Token   - create bot on Telegram and get token. Telegram Chat ID    - input your Telegram   user ID,     group /   channel ID Forward Alert   - default
100 USD
Smart Copy Local MT5
Smart Copy Local MT5
Kyra Nickaline Watson-gordon
Smart Copy is an Easy-to-Use EA that supports Multi Copying Metatrader4 and Metatrader5 and Local/Remote Copying. (Remote Version is coming soon) Free version is available on Smart Copy Local Free MT5 Specifications :     Real Time, Multi Terminal - Multi Account - MT4/MT5 trade copying     Copy from netting to hedge and hedge to netting is supported.     Fast and instant copy     All settings are input visually.     Easy modifying symbol names, prefix, suffix     Enable/Disable c
70 USD
Trading Chaos Expert Lite
Trading Chaos Expert Lite
Gennadiy Stanilevych
Trading Chaos Expert Lite является облегченной, бюджетной версией Trading Chaos Expert. В Lite-версии отсутствует возможность получения таблицы торговых сигналов, автоматизации выставления отложенных ордеров по ним и сопровождения открытых позиций по множеству валютных пар и финансовых инструментов одновременно в едином окне. Имеется только режим Current Chart. В остальном, панель полностью соответствует основной версии эксперта. Это не "Черный ящик", а глубоко продуманный помощник трейдера, без
250 USD
Levels of Supply and Demand Niveles
Levels of Supply and Demand Niveles
Francisco Rafael Figueroa Maya
Этот фантастический индикатор служит для обозначения точных уровней спроса и предложения инструмента, с которым он работает. Индикатор «Уровни наиболее важных» - это самый важный уровень спроса и предложения (сплошная синяя линия). Индикатор «Уровни менее важны» - это наименее важный уровень (желтая проверенная линия). 2 можно использовать вместе или по отдельности. Для 2-го индикатора: «Уровни менее важны», вы должны спросить меня в телеграмме: @franfig или instagram @x
200 USD
Real Time Binance Spot Ticks Data
Real Time Binance Spot Ticks Data
Ugur Ucak
(Crypto Currency Charts) It brings the history as much as the number of bars you specify and starts to show the instant data directly. Provides the opportunity to work in all time frames. Allows you to work with multiple symbols. This app is a background service. It downloads the history of all symbols starting with "S" on the market watch screen and shows the ticks data. Automatically transfers real-time trading data of Binance Spot to MT5. Run the script in the link
100 USD
Trade Assistant MT5
Trade Assistant MT5
Evgeniy Kravchenko
Помогает рассчитать риск на сделку, простая установка нового ордера с помощью линий, управление ордерами с функциями частичного закрытия, 7 типов трейлинг-стопа и другие полезные функции. Функция Линии   - отображает на графике линию открытия, стоп-лосс, тейк-профит. С помощью этой функции легко установить новый ордер и увидеть его дополнительные характеристики перед открытием. Управление риском   -   функция расчета риска вычисляет объем для нового ордера с учетом установленного риска и ра
75 USD
Fibonacci Patterns Scout MT5
Fibonacci Patterns Scout MT5
WaltSoft
The WaltSoft Fibonacci Patterns SCOUT searches for Fibonacci Patterns, also called Harmonic Patterns, and displays the results in a clear table. The WSFP SCOUT can search for 16 different Patterns plus 1 Custom Pattern and can process up to 28 Instruments and up to 9 Time Frames at once! It refreshes every second and alerts you when it finds a new pattern! Clicking on a Pair-Time Frame combination will open the relevant chart and displays the pattern(s) which you then can trade manually. Take
299 USD
Unlimited Trade Copier Pro MT5
Unlimited Trade Copier Pro MT5
Vu Trung Kien
Unlimited Trade Copier Pro - это мощный инструмент для удаленного копирования сделок между несколькими счетами MetaTrader 4/MetaTrader 5, расположенными удаленно друг от друга, по сети интернет. Это идеальное решение для провайдеров сигналов, которые хотят поделиться своей торговлей с другими трейдерами по всему миру. Один поставщик может копировать сделки на неограниченное количество счетов-получателей, а один получатель также может копировать сделки неограниченного количества провайдеров. Пост
299 USD
Real Time Binance Futures Ticks Data
Real Time Binance Futures Ticks Data
Ugur Ucak
(Crypto Currency Charts) It brings the history as much as the number of bars you specify and starts to show the instant data directly. Provides the opportunity to work in all time frames. Allows you to work with multiple symbols. This app is a background service. It downloads the history of all symbols starting with "F" on the market watch screen and shows the ticks data. Automatically transfers real-time trading data of Binance Futures to MT5. Run the script in the link to use the progra
100 USD
Traders Club Panel for MT5
Traders Club Panel for MT5
Koji Kobayashi
このEAを使用することによりワンクリックによる決済、 決済したい通貨のチャートに適用しておけば様々な条件で自動で 決済することが可能になります。 パフォーマンスを考慮しているので動作が非常に軽いです。 新機能:Ver2.0 資金管理による買いや売りエントリ トレード毎に自動スクリーンショット取得 詳細な情報はこちらにサイトがあります。 https://toushika.top/tc-panel-for-mt5/ 機能: ワンクリックによる全通貨決済 ワンクリックによる表示上の通貨決済 分かりやすいPips表示 移動可能 全通貨での合計Pips表示 自動利確、損切り設定 設定以上のスプレッドになった場合には画面の色が変化 Break Evenラインの表示 チャート画像の保存 決済の通知機能(Email,SNS) パネル位置指定 Pips表示消去 他の通貨で設定した水平線で決済 下記に示した条件での利確 条件による決済: 条件1:利確か損切で決済 条件2:利確か損切または反転MAで決済 (ディフォル
78 USD
Forex Trade Manager MT5
Forex Trade Manager MT5
InvestSoft
Determination of transaction risk by calculating possible profits and losses. Precise designation of TP and SL levels for each transaction. These are the basic activities that every trader of financial markets must face with. The purpose of these calculations is very simple, achieving satisfying profits from FX transactions, with a minimum of risk. This is certainly the dream of each trader. This makes it difficult for new investors to take their first steps in this market.  EA Forex Trade Mana
99 USD
TradePanel MT5
TradePanel MT5
Alfiya Fazylova
Предназначен для автоматизации ручной торговли. Основные возможности утилиты: Работает с любыми торговыми инструментами ( Forex, CFD, Futures и другие ). Автоматический расчет риска на сделку. OCO-ордера. Виртуальные ордера. Виртуальные тейк профит и стоп лосс. Переворот позиций. 6 видов трейлинг стопа. Установка стоп лосс в уровень безубыток. Частичное закрытие позиций. Оповещение на касание заданной линии. Автоматический и ручной скриншот. Переключения символов на всех графиках одним кликом. З
75 USD
Trading box Technical analysis MT5
Trading box Technical analysis MT5
Igor Zizek
Everything for chart Technical Analysis in one tool Quick tip: Draw your supply demand zone with rectangle and support resistance with trendline and get alerts to mobile phone or email alert Video tutorials and manuals   here .  Find contacts on my   profile . 1.   Extend rectangle and trendline into future -  Trend Support Resistance Object will be extended into future when price will draw new candlesticks on chart. This is rectangle extender or trendline extender 2. Price alert with mobil
98 USD
Trade Copier Global MT5
Trade Copier Global MT5
Laszlo Tormasi
This Copier allows you to copy trades between Metatrader terminals even when they are installed on separate computers.  Having both MT4 and MT5 versions of the Copier makes it possible to send trades from MT4 to MT5 and vice versa. Demo version:  https://www.mql5.com/en/market/product/39290 MT4 version:  https://www.mql5.com/en/market/product/19928 Only Hedging Accounts are supported! Netting Accounts are not! Features Fast execution (~1 sec,  depending on location/broker) Automatic symbol pre
72 USD
Cluster Viewer
Cluster Viewer
Marco Antonio Rodrigues
Within each candlestick is an epic fight between bears and bulls. Some pushing the price down and others forcing them up. Wouldn't it be great to be able to see where there is a greater concentration of business? Or to know if there is more buying or selling aggressions in the candlestick? After all, who is stronger, buyers or sellers? Although a candlestick image has a lot of information, it is nevertheless weak for deeper analysis. This is where you can count on the Cluster Viewer. This tool o
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Internet Copy MT5
Internet Copy MT5
Pavel Kolchin
Программа позволяет копировать сделки между различными счетами MetaTrader 4 и MetaTrader 5 в любом направлении и количестве через интернет , программа для работы на " Windows  PC " и " Windows VPS ". Доступен любой вид копирования MT4 → MT5 MT4 → MT4 MT5 → MT5 MT5 → MT4 * Для копирования между различными терминалами MT4 ↔️ MT5 необходимо приобрести две версии продукта  Internet Copy MT4  и  Internet Copy MT5 Как работает программа Программа копирует сделки через интернет между двумя и более т
95 USD
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Take a Break
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Eric Emmrich
Please check the "What's new" tab regularly for a complete and up-to-date list of all improvements + parameters. Take a Break has evolved from a once simple news filter to a full-fledged account protection tool. It pauses any other EA during potentially unfavorable market conditions and will continue trading when the noise is over. Typical use cases: Stop trading during news/high volatility (+ close my trades before). Stop trading when Account Equity, Balance or Margin is low. Only trade on spe
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Eric Emmrich
Please check the "What's new" tab regularly for a complete and up-to-date list of all improvements + parameters. FREE indicator for my trading utility Take a Break . This indicator allows you to manage multiple other EAs with just one Take a Break EA instance. Simply specify the corresponding Chart Group in the indicator(s) and Take a Break EA settings and you are good to go.  Setup example (Indicator + EA) You want Take a Break to manage 3 other EAs: EA1 on EURUSD, EA2 on EURGBP, EA3 on GBP
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Take a Break Indicator
Take a Break Indicator
Eric Emmrich
Please check the "What's new" tab regularly for a complete and up-to-date list of all improvements + parameters. FREE indicator for my trading utility Take a Break . This indicator allows you to manage multiple other EAs with just one Take a Break EA instance. Simply specify the corresponding Chart Group in the indicator(s) and Take a Break EA settings and you are good to go.  Setup example (Indicator + EA) You want Take a Break to manage 3 other EAs: EA1 on EURUSD, EA2 on EURGBP, EA3 on GBP
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Take a Break FREE
Take a Break FREE
Eric Emmrich
This is the demo version of my Expert Advisor " Take a Break ". All EA operations are limited to 1 symbol and Chart Group "Default". Please check the "What's new" tab regularly for a complete and up-to-date list of all improvements + parameters. Take a Break has evolved from a once simple news filter to a full-fledged account protection tool. It pauses any other EA during potentially unfavorable market conditions and will continue trading when the noise is over. Typical use cases: Stop trading
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Take a Break MT5 FREE
Take a Break MT5 FREE
Eric Emmrich
This is the demo version of my Expert Advisor " Take a Break ". All EA operations are limited to 1 symbol and Chart Group "Default". Please check the "What's new" tab regularly for a complete and up-to-date list of all improvements + parameters. Take a Break has evolved from a once simple news filter to a full-fledged account protection tool. It pauses any other EA during potentially unfavorable market conditions and will continue trading when the noise is over. Typical use cases: Stop trading
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Tax Buddy
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Eric Emmrich
Tax Buddy creates a simple trading report which you can send to your local tax authorities alongside your annual declaration. I've been using this kind of report for the German Finanzamt in order to declare my investment income ("Kapitalerträge") in a readily comprehensible manner. For testing purposes, the Demo version places random trades in the Strategy Tester on the symbol of your choice and creates a demo report for them. Conveniently, all reports are stored in the common path for all ter
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Tax Buddy MT5
Tax Buddy MT5
Eric Emmrich
Tax Buddy creates a simple trading report which you can send to your local tax authorities alongside your annual declaration. I've been using this kind of report for the German Finanzamt in order to declare my investment income ("Kapitalerträge") in a readily comprehensible manner. For testing purposes, the Demo version places random trades in the Strategy Tester on the symbol of your choice and creates a demo report for them. Conveniently, all reports are stored in the common path for all ter
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Фильтр:
lucaskoster
111
lucaskoster 2020.07.01 11:18 
 

Great support from Eric on solving timezones issues. EA is doing exactly what it needs to do, protect from news impact.

Ответ на отзыв
Версия 5.12 2021.09.18
Bug fix release which should finally solve an annoying issue after terminal restart: some templates could get overwritten unexpectedly which then caused an infinite loop of "Applying Chart Template XXX" calls in the "Experts" tab. Ultimately, that then led to a frozen or even crashing terminal + broken template files.

If you ran into this issue (which mostly affected MT5), please do the following AFTER this update:

1. Stop the Take a Break EA
2. Setup your "Trading IS allowed" templates again and select "Recreate default templates: true" in the indicator parameters
3. Enable the Take a Break EA again

I'm really sorry for any inconvenience this has caused. TaB should be a reliable tool for every user so I do take such bugs seriously.
Should you encounter any errors, please report them to me so that they can be fixed for everybody. Thank you to the users that reported this issue!

Other than the main bug fix, there are also some minor improvements:
- If the Auto GMT or Auto Timezone Offset cannot be determined due to a server error, TaB will now retry after a few minutes (just like it does with the News).
- Parameters that must be > 0 or < 0 are now sanity checked. E.g. if you specify a "Maximum Drawdown for all open trades" of "100", it is now automatically converted to "-100" in the code.
Версия 5.11 2021.07.26
Improvements:
- Updated logic for trade identification by Order Comment: search for occurrences instead of exact matches.

Example: Order Comment "EA2" will now also identify trades having comments that contain this string, e.g. "EA2-Grid", "FirstTrade-EA2", "EA2 [tp]" etc.

Previously, trades would only have been identified if they had the exact order comment "EA2".
Версия 5.10 2021.07.25
New features:
- Added the ability to identify trades by Order Comments in addition to Magic Numbers.
- Added the ability to remove SL and TP values of orders before news and to restore them afterwards. This action can be performed instead of closing trades before news.

Example:
- High Impact News at 16:00
- "Take action X minutes before/after news": 5
- "High Impact News - Action to take": Remove S/L + T/P before news and restore afterwards
- S/L and T/P values will be removed from the affected orders at 15:55.
- S/L and T/P values will be restored to the affected orders at 16:05.
- If S/L or T/P values have already been exceeded and thus, cannot be restored anymore, the affected orders are closed at 16:05.

Improvements:
- MT5: Added compatibility with latest build version.
- Minor code and wording improvements
Версия 5.0 2021.03.29
New features:
- Added new section "Drawdown Control" which replaces the former External EA SL/TP section. Existing settings are migrated conveniently. This section gives you more control over Take a Break's internal trade management and also allows you to set Profit/Loss values in % of account balance.

Improvements:
- If specific Magic Numbers are set, all trades belonging to them are now handled by Take a Break - independently of their symbol. Formerly, Take a Break only managed trades belonging to its chart symbols.
- Profit/Loss values are now also displayed in % of account balance.
- Changed wording of some configuration options for better understanding.
Версия 4.99 2021.02.09
Bug fixes:
- Finally fixed an annoying bug in the time filter that did not return to "Trading allowed" after a "NoTrade" time (e.g. after the weekend).

User requests:
- Added display of the (auto detected) timezone offsets for GMT + "Timezone to reset Daily Profit/Loss Limit" (if set).
- Added options to stop trading all day on NFP/High/Medium/Low Impact News. These options also respect any specified "Filter News Events", i.e. will only stop trading for the whole day if any of the specified events take place on the current day.

General improvements:
- If set, the calculated Daily Profit/Loss Limits (including deviation) are now also displayed on the chart. As they are only used when trading is not allowed, they are also only displayed in this case. Calculated "Daily Profit Limit" if Today's P/L is positive, calculated "Daily Loss Limit" if it is negative.
- If set, the calculated S/L and T/P levels (including Daily Profit/Loss, if applicable) are now also displayed on the chart. Calculated T/P if Floating P/L is positive, Calculated S/L if it is negative.
- Added a +/- sign in front of the displayed P/L values for a better overview.
Версия 4.98 2021.02.03
Added another new parameter on user request:

- "Limits deviation": if you have set a "Daily Profit/Loss Limit" or ""Minimum value until trading IS allowed" and trades are closed with slippage, it might result in a slightly lower value than the set limits. This option now allows to multiply these limits by a deviation factor (default: 1).

Example:
- "Maximum Daily Profit Limit": $100
- Trades are closed at profit of $100 but with slippage, resulting in a Daily Profit of only $98.
- With default "Limits deviation" of 1, TaB would continue trading as $98 <= $100 ($100 * 1 "Limits deviation").
- With "Limits deviation" set to e.g. "0.95", TaB would now stop trading as $98 >= $95 ($100 * 0.95 "Limits deviation")
Версия 4.97 2021.02.01
Bug fix for the time filter which did not return back to "Trading allowed" after the latest enhancements in version 4.96.
Версия 4.96 2021.01.30
As a tool for traders by traders, the time filter was enhanced on user request with 3 new options:

- "Days of Year"
- "Days of Month"
- "Months"

Each of them is behaving exactly like the "Monday ... Sunday Trading" inputs which means that you can also specify ranges here, e.g.

- "Days of Year" = "14-352" will pause trading for the first and last 2 weeks of a year (typical use case)
- "Days of Month" = "5-10,20" will trade from the 5th to the 10th and on the 20th of each month.

All time filters interact with each other which allows truly flexible setups.

I also added the "Magic Numbers" to the "Required Settings" and revised this section for a clearer overview which Take a Break EA instance manages which trades. Existing users kindly note that nothing changes for your setups. Each TaB EA instance will only manage the specified Magic Numbers even if the new option "Which trades should be managed?" is set to "All trades (entire account)".
Версия 4.95 2021.01.29
Hide the countdown to the Next News Break when there are no future news events (yet).
Версия 4.94 2021.01.26
Added remaining days to the new countdown for "Next News Break in" if the next event occurs in more than 24 hours.
Версия 4.93 2021.01.25
Improvements:
- Relevant news are now displayed on your other EAs' charts as well (requires indicator version >= 1.72).
- Beautified the drawn news lines in general. Changed their default colors to be more like a traffic light: Green = Low Impact, Orange = Medium Impact, Red = High Impact.
- Added a countdown that shows the "Next News Break in XXh YYmin".
Версия 4.92 2021.01.23
Modified parameters:
- "External EA - Magic Numbers": the value of this input now controls which trades are identified as "ALL trades". A value of "-1" means "ALL trades" in its true sense, i.e. independent of symbol and magic number. If you enter specific magic numbers here (like 1,2,3), only these trades will be taken into account for settings that include "ALL trades" (Loss Limit etc).

This modification makes it possible to have one "master" instance of Take a Break that controls the overall account limits and another (or even multiple) "slave" instance that controls specific EAs only. Thus, your TaB setups are now even more flexible.

Added parameters:
- "Dynamic Maximum Volatility (based on current candle)": the volatility filter can now be dynamic. If you control multiple symbols with just 1 TaB instance, setting a fixed "Maximum Volatility (in points)" for all of them might not be too handy. In this case, set this option to "true".
- "Minimum Dynamic Volatility of current candle": if (Minimum) Volatility of current candle > Average Volatility of past candles, trading will be stopped.
Версия 4.91 2021.01.18
Important bug fix release for all users that already updated to EA version 4.90 / Indicator version 1.70: templates created with these versions might not get loaded properly which caused Take a Break to stop its work entirely. This issue has now been fixed so I urge all users to update.

The good news is that no template data was lost. The bad news is that depending on your filter settings, not all of your charts might still be managed by Take a Break EA. So after the update, please check your chart setup(s) and make sure that all relevant charts still contain the Take a Break indicator. If it is missing, please add the indicator to the chart again - either manually or by applying the corresponding template: right-click on the chart, select "Templates -> Load Template", navigate to "MQL4\Files" (MT4) / "MQL5\Files" (MT5) and select the template to apply.

I apologize for any inconvenience caused!
Версия 4.90 2021.01.16
New Year, New Updates - Happy New Year to all of you!

Please make sure to also update the indicator to version 1.70 and to follow its release notes!

This update comes with the following improvements:

- If you modified the settings of an EA that is managed by Take a Break, you don't need to recreate the template file manually anymore afterwards. Take a Break will now take care of this by saving all modification to the corresponding template automatically.

- Added new parameter "Average T/P for each open trade" (in addition to "Minimum T/P for ALL open trades"): e.g. when a news filter becomes active and thus, trading is not allowed, Take a Break will manage your open trades. You set "5" as "Minimum T/P" and "1" as "Average T/P for each trade". If you have 6 open trades, Take a Break will close them as soon as the total profit on the account becomes >= 6 USD/EUR/... If you have only 4 open trades, Take a Break will close them as soon as soon as the total profit becomes >= 5 USD/EUR/... (because 4 open trades * 1 USD average T/P < 5 USD minimum T/P).

- Added new parameter "Average S/L for each open trade" (in addition to "Maximum S/L for ALL open trades"): e.g. when a news filter becomes active and thus, trading is not allowed, Take a Break will manage your open trades. You set "-5" as "Maximum S/L" and "-1" as "Average S/L for each trade". If you have 6 open trades, Take a Break will close them as soon as the total loss on the account becomes <= -5 USD/EUR/... If you have only 4 open trades, Take a Break will close them as soon as soon as the total loss becomes <= -4 USD/EUR/... (because 4 open trades * -1 USD average S/L > -5 USD maximum S/L).

- Improved the volatility filter by adding the new option "Calculate average Volatility for the past ... candle(s)": e.g. you want to calculate the average volatility of the past 7 days for each symbol, then you would enter "7" here + select "1 Day" in the following input "on Timeframe".

- Made some minor changes to the wordings + re-grouped the settings sections again. From now on, it is clearly visible which settings are required and which ones are optional.
Версия 4.82 2020.12.19
Added parameters:
- "Minimum ... until trading IS allowed": defines the type of the specified minimum value. Available types: Account Equity (default), Account Balance, Account Free Margin. Once the minimum value is reached, trading will be paused and optionally, all trades are closed.

Improvements:
- Added an error message that shows clearly if Take a Break could not identify any symbols to manage and thus, will not work.
- Re-arranged some parameters again for a better and more logical overview.

Bug fixes:
- Fixed an issue where the symbols managed by Take a Break were not recognized properly after a terminal restart unless a new chart was added to the Chart Group(s). As far as I'm aware, this issue affected MT4 users only. Take a Break will now display a loading message after a terminal restart until all charts could be identified. This might take a while depending on the power and utilization of your computer/VPS.
- Several minor fixes which further improve Take a Break's stability and work algorithm.
Версия 4.81 2020.12.17
Added parameters:
- "External EA - Trade Management Mode": by default, All Oder Types (Market + Pending) will be managed by Take a Break. If you don't want to close open trades but delete only Pending Orders of the External EA, select "Pending Orders only". If you want to close only open trades and keep Pending Orders open, select "Market Orders only".

Removed parameters:
- "External EA - Delete Pending Orders"
Версия 4.80 2020.12.12
Improvements:
- Revised time filter: made it more fail-safe + added a new, simpler format. E.g. "4,8" (or "4-5,8-9") is the same as formerly "04:00 - 05:00,08:00 - 09:00" and will trade from 04:00 to 05:00 and from 08:00 to 09:00 broker server time. The old, extended format is still supported.
- Re-arranged + re-grouped the inputs for a better overview. Also added foot notes for parameters that usually need clarification.

Changed parameters:
- Renamed "Force template apply" to "Force stop trading". Also, this parameter is now set to "true" per default.

Added parameters:
- "T/P in money for ALL open trades" (if "Force stop trading" = true)
- "S/L in money for ALL open trades" (if "Force stop trading" = true)
- "Include Daily Profit/Loss in TP/SL calculation" (if "Force stop trading" = true)
- "Close ALL trades when Daily Profit/Loss Limits are reached": if set to "false" and "Force stop trading" is set to "true", trading will only be paused but open trades will not be closed.

As always, if you have any questions, just contact me. Also, if Take a Break is useful to you, please consider giving it a review. Thank you!
Версия 4.73 2020.12.01
Recently, the Investing.com economic calendar was "temporarily down for maintenance" several times even during peak news times. If Take a Break tried to update news during these periods, there was no data received. Thus, the news filters did not work then.

This update makes sure that this won't happen again by applying additional sanity checks. Also, Take a Break will retry to get the news every X minutes in such situations.
Версия 4.72 2020.11.25
Another minor release which tweaks the performance of the news updates once again.

Next up will be a major release to version 5.0 with the ability to backtest your Take a Break setup.
Версия 4.71 2020.11.24
Minor bug fix for the "Pause X minutes before ..." news options which were executed with 1 minute delay under certain circumstances.
Версия 4.70 2020.11.24
Improvements:
- Volatility filter was added.
- Improved handling of news updates + time filters.
Версия 4.6 2020.11.20
Fixed the closing logic of the "Close ALL trades ..." options to also take symbols into account that are not managed by Take a Break.
Версия 4.5 2020.11.19
Added parameters:
- Close ALL trades when Minimum Equity is reached

Bug fixes:
- Occasionally, templates were applied multiple times which caused some EAs to crash on template load. Additionally, this also lead to broken templates, e.g. the EA was then missing entirely on the "Trading IS allowed" template.
Версия 4.4 2020.11.04
Added new parameter "Force template apply": by default, Take a Break will not apply any template (specifically the "Trading is NOT allowed" one) if there are active trades of your other EA, unless they are closed. By setting this option to "true", the template will be applied even with active trades.

This can be useful to prevent your other EA from opening new trades during news. But will leave the active trades unprotected during these periods - unless they are secured by a hard S/L or another EA on the "Trading is NOT allowed" template. Use with caution.
Версия 4.3 2020.10.14
Added new parameter "Minimum Equity until trading IS allowed": in addition to the Daily Profit/Loss filters, this filter let's you define a minimum Account Equity until trading is allowed. This option can be used as an emergency stop loss after a series of bad trading days.

Once your overall Account Equity falls below the defined value, ALL trades (independent of any magic number) will be closed and the "Trading is NOT allowed" template applied.

Removed parameters:
- Minimum Balance until trading IS allowed
Версия 4.2 2020.10.14
Added new parameter "Minimum Balance until trading IS allowed": in addition to the Daily Profit/Loss filters, this filter let's you define a minimum Account Balance until trading is allowed. This option can be used as an emergency stop loss after a series of bad trading days.

Once your Account Balance falls below the defined value, ALL trades (independent of any magic number) will be closed and the "Trading is NOT allowed" template be applied.
Версия 4.1 2020.10.06
Improvements:
- Further performance improvements: the frequency of the time filters is now also dependent on the chart timeframe. Due to this, the EA must now be run on a chart with timeframe M1 so that these checks get executed every minute. Conveniently, the EA will change its timeframe to M1 automatically if that's not already the case.
- Updated Setup example + description to reflect these changes.
- Code cleanup

Bug fixes:
- NFP news filter did not work properly.
- News are now displayed properly again on the chart from highest to lowest impact.
Версия 4.0 2020.10.02
Major performance upgrade with an almost entirely rewritten code base. This upgrade allows Take a Break to handle even large-scale chart setups while consuming a minimum amount of CPU power.

New features:
- From this version onward, the frequency of the news filter checks is controlled by the chart timeframe of the Take a Break EA.
- Only one single WebRequest URL needed.
- Manage multiple Chart Groups and Magic Numbers from one single Take a Break EA instance.

Please make sure to read the updated setup example and description of the indicator + EA.

Additional note to existing users:
- Before the update, add the URL "https://trading.custom-solutions.it" to the list of allowed WebRequest URLs (press CTRL+O, tab "Expert Advisors"). The old URLs can be deleted if not used by other EAs.
- Check your existing Take a Break setups. Make sure you change the chart timeframe of the EA to M1.
- Multiple instances of the EA may be combined into one single instance if you use the same TaB EA settings (news filter settings, daily loss limit etc) for all your charts. Simply enter your Chart Groups + EA Magic Numbers (separated by a comma) into the corresponding inputs of the EA.

As always, just contact me if you need any assistance.
Версия 3.5 2020.08.25
Split the parameter "Daily Profit/Loss Limit" into 2 separate inputs. Remember that the Loss Limit is always specified as a negative value (e.g. -100).
Версия 3.4 2020.08.25
Added new parameter "Daily Profit/Loss Limit calculation mode": if set to "Equity", TaB will close all trades immediately and stop trading for the day if Daily Profit/Loss + Floating Profit/Loss exceeds the "Maximum Daily Profit/Loss Limit" (default behavior).

Example:
- Maximum Daily Profit/Loss Limit = -100
- Daily Profit = 100
- Floating Loss = -200 -> All trades are closed.

If set to "Balance", TaB will close all trades and stop trading for the day if Daily Profit/Loss exceeds the "Maximum Daily Profit/Loss Limit" (= this option does not take the Floating Profit/Loss into account).
Версия 3.3 2020.08.11
Bug fixes:
- Terminal crashes / freezes on news time (when multiple instances of Take a Break are used).

Improvements:
- Improved internal news filter logic which should result in lower CPU usage. Feedback is welcome ;)
Версия 3.2 2020.07.20
Fixed a bug which created an infinite news download loop when multiple instances of Take a Break were used.
Версия 3.0 2020.07.16
Major improvements:
- No need to enter the "News Symbols" manually anymore. Take a Break will get all relevant news for each Chart Group automatically.
- Only those symbols are paused that are actually affected by the news. E.g. if you manage EURUSD and EURGBP in one Chart Group and there are news for GBP, only your EURGBP chart(s) will be paused.
- Likewise, if any "Close trades X minutes before ..." option is set, only those trades are closed that are actually affected by the news. E.g. if you manage EURUSD and EURGBP in one Chart Group and there are news for GBP, only your EURGBP will be closed.
- Revised Control Panel for a better overview of all filters and symbols managed in the current Chart Group.
- Optimized code structure.

Bug fixes:
- Fixed the "Close trades X minutes before ..." option. If there were many news within a short period of time, trades may not have been closed.
- Fixed the Spread filter which was not working properly after introducing the Chart Groups in version 2.0.
- Fixed an issue in the MT5 version where Take a Break was still active even after disabling Algo trading in the terminal or the EA settings.
Версия 2.1 2020.07.07
Refined news filters:
- Added parameter "Filter News Events" with the ability to filter for custom news events (e.g. PMI,Rate Statement,CPI).
- Added parameter "Filter News Symbols" with the ability to filter for custom news symbols (e.g. EUR,USD,GBP).

Removed parameters:
- "News for current symbol only"
Версия 2.0 2020.07.06
Major update - please reset all EA parameters to take full advantage of it.

Major improvements:
- Multi-chart handling is finally here! Please read the updated description for more information.

Added parameters:
- "Timezone to reset Daily Profit/Loss Limit"
- "Chart Group"

Removed parameters:
- "Chart ID"

Версия 1.40 2020.07.01
Fixed an issue with the Auto GMT Offset detection which can now also be disabled if it fails.
Версия 1.39 2020.04.28
- Added new parameter "Check filters on each new tick or by timer": Take a Break will now work OnTick again by default. OnTimer has some drawbacks under certain circumstances which might lead to terminal crashes and improper handling of templates. You can still use "OnTimer" (old behavior) but be aware that this might cause errors.
- Various minor code improvements
Версия 1.38 2020.03.15
Added new option "daily" for parameter "Close ALL trades on": all trades can also be closed on a daily basis now instead of a specific weekday.
Версия 1.37 2020.02.20
Fixed a bug in the trade closing logic when "Close ALL trades on" was selected.
Версия 1.36 2020.02.19
Added new parameter "Maximum Lots": if the lot size of all trades on the account >= Maximum Lots, the template for "trading is NOT allowed" will be applied.
Версия 1.35 2020.02.01
Removed parameters:
- "External EA - Close all open trades if trading is not allowed"

Added parameters:
- "Close trades X minutes before Non-Farm Payrolls/High/Medium/Low Impact News": You can now specify the trade closing time in minutes before a news release.
- "Time to reset Daily Profit/Loss Limit": Usually, the daily profit/loss limit is reset every day at midnight (00:00 terminal time). If you want to specify another reset time, you can now do so.
- "Close ALL trades on/at": You can now specify a specific weekday and time for closing ALL your trades (useful if you don't want to keep positions open over the weekend).

Changed parameters:
- "External EA - Delete Pending Orders": If this is set to "true", Pending Orders will also be deleted X minutes before Non-Farm Payrolls/High/Medium/Low Impact News or if a weekday and time for "Close ALL trades on/at" is selected.