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Auto Trailing Stop and Break Even

If you want to test the functionality of this tool, you can do it trough a DEMO version, that is restricted to work only on EURUSD and USDJPY currency pairs. To obtain it, please visit the following link: https://www.mql5.com/en/market/product/29594

This EA was originally coded as a back up tool for my personal trades as all of us (Or at least the ones who have left an order open and went to sleep) have experienced the frustration that involves waking up, check the trades and see that in some of them the price almost hit the Take Profit but it went back all the way to Stop Loss.

After discussing the idea with several traders, they encouraged me to make a commercial version of this tool as it can be useful to a lot of traders, so, I made the tool.


Parameters

Broker Type Parameters:

  • Broker Information: Informative parameter.
  • Broker type: To select the type of broker the user is using. To know this, count the amount of digits after the decimal point on EURUSD currency pair, and then, select the amount counted.

Break Even Parameters:

  • Break Even Configuration: Informative parameter.
  • Use Break Even: To activate or deactivate Break Even function.
  • Break Even in Pips: Amount of pips in profits to activate Break Even.
  • Use profit protection: To activate or deactivate Profit Protection function.
  • Profit Protection in pups: Amount of pips to be locked in profits once the Break Even is activated.

Trailing Stop Loss Parameters:

  • Trailing Stop Loss Configuration: Informative parameter.
  • Use Trailing SL: To activate or deactivate Trailing Stop Loss function.
  • Trailing Step: Amount of pips that the system will move the Stop Loss each time.
  • Trailing Start: Amount of pips in profits required to activate the Trailing Stop Loss. This will work as a Break Even function too, so if used, it is recommended to deactivate Break Even to see optimal behavior.

This is a tool to manage the Stop Loss level on MANUAL trades that the user takes, it is NOT an automatic trading system.


How to use this tool

  • Put the Expert Advisor on the chart where you have the trade that you would like to manage automatically.
  • Choose the parameters that you would like to use.
  • Make sure that you have the Auto Trading enabled on MetaTrader 4.
  • And that's it.


Recommendations and clarifications

  • Use VPS to have a better behavior.
  • You have to use an instance of this tool on each chart where you want to use it.
  • Readjust the parameters each time you have a new trade, in that way, you will see better results, as typically each trade has its own characteristics.
  • If you run this tool in the Strategy Tester, it will open a Buy and a Sell order at the same time. This is simply to visualize how the tool moves the Stop Loss.


Quick disclaimer

Please pay attention when you set the configuration of this tool, specially on the type of broker you trade on. To know if it is a 4 or 5 digit broker, open EURUSD pair and count the amount of decimals that it has. If it has 4 numbers counting from the point, then it is a 4 digit broker (for example, 1.2345, as you can see, it has 4 numbers after the decimal point) and if it has 5 numbers counting from the point, then it is a 5 digit broker (for example, 1.23456, as you can see, it has 5 numbers after the decimal point). The configuration of this parameter is very important because if it doesn't match with your broker, it can lead to wrong behavior of this tool.

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MT4 Strategy Builder('StratBuilder')是一个在MT4平台上运行的网格交易订单管理实用程序。 该产品也可以在MT5平台上使用: https://www.mql5.com/en/market/product/33178 强烈建议从MQL5租用虚拟专用服务器(VPS),并将交易者计算机上的设置迁移到VPS,以允许StratBuilder 24/7运行。 独特的StratBuilder概念: 一篮子交易以预定的价格水平开仓(每个交易品种和交易方向按环形),并且在达到帐户余额或权益的目标利润百分比时发生获利了结,此时所有头寸同时平仓,新的一揽子交易被平仓。交易被打开。请选择以下链接,观看YouTube入门视频: https://www.youtube.com/watch?v=K7f3pomk_ug 单击下面的链接,以下载许多符号的样本策略参数值: https://drive.google.com/drive/folders/1HrnAb4DxrvMTBoJb-V7r0rI5F8pJkzf5?usp=sharing 在将这些设置应用到您的帐户之前,请完整地观看每种
340 USD
MT4 Telegram Signal Provider
MT4 Telegram Signal Provider
Nguyen Van Anh
MT4至电报EA将文本从MT4发送至电报通道 MT4电报信号提供商EA是市场上最好的MT4电报实用程序,适合任何想要成为专业电报信号提供商的人 简单,但功能强大且专业 它将根据您在Metatrader 4程序中的订单将信号和报告发送到您的电报通道 是否想将信号发送到Facebook,Twitter,Blogger,Wordpress等许多平台?没问题,让我们使用IFTTT将您的Telegram频道与这些平台相连,并轻松发送信号。 * 主要特点: 将信号发送到许多渠道:多电报频道,电子邮件,并将推送通知发送到移动终端 快速扫描订单:以秒为单位扫描,而不是滴答 发送所有订单类型的信息:未平仓(包括待处理订单),取消,平仓(包括部分平仓百分比),触发和修改订单 按以下条件过滤发送的订单:订单类型(待定,已触发,已修改,已平仓),符号,幻数和注释 手动或自动发送图表画面 可以在发送信号中自定义图表屏幕快照的属性:分辨率,背景图像,模板... 5种发送图表屏幕截图的模式:基于符号,注释,幻数,模板和不发送 发送报告:运行报告,每日报告,每周报告 完全自定义您的信号文
149 USD
Trade Assistant Pro 36 in 1
Trade Assistant Pro 36 in 1
Makarii Gubaydullin
一款多功能助手,在一个界面中结合了超过36种功能。 重要提示 :程序文件必须放在" Experts "目录中! 测试版本 / 详细说明 联系我的任何问题/改进的想法/在发现错误的情况下 该实用程序分为4部分: 1. [Open]:新交易:手数/风险计算: 1. 手数计算:基于风险大小; 2. 风险计算:基于手数; 3. 风险/回报比率; 4. 买入止损限价/卖出止损限价订单:即使是Mt4; 5. 隐藏的TP/SL水平(经纪人不可见); 6. 额外的TP水平; 7. 使用不同Id的OCO(One-cancel-others)订单; 8. 过期时间; 9. 图表上的可视化+调整; 10. 设置最大点差大小; 2. [Close]:仓位/订单管理: 11. 按类别平仓(15种); 12. 盈亏平衡+自动BE功能; 13. 追踪止损:6SL+7移动类型;       管理所选订单: 14. 快速TP/SL变化:4种类型的水平; 15. 快速更改过期时间。 16. 全部/部分平仓:%/手数; 17. 取消OCO订单; 18. "平仓"功能,用于通过计数器平仓; 19
109 USD
Telegram MT4 Signal Trader
Telegram MT4 Signal Trader
Nguyen Van Anh
Telegram MT4 Signal Trader  is an EA that helps you trade signals receiving via Telegram channels, groups, chats. You even don’t need to be the owner of the channels. If you can read the signal texts in your Telegram account, you can trade them all. The EA needs an  awesome  free tool – the   Telegram Reader application  that helps read signal texts from Telegram channels, groups, private chats through Telegram API. HOW TO SET UP Read the   user guide here   to know how to set up and   unders
199 USD
Best Price Method for MT4
Best Price Method for MT4
Eduardo Kipper
This Panel is also an Expert Advisor with manual and automatic order submission. Full Dashboard. That was the way i found to concern my main enemy, anxiety.  Don't be little, study, analyze, adapt this method to your own style, understand, feel the market before you take any decision. Here, in many times, do nothing, it is also a strategy.  Beyond the manual, semi-automatic and automatic mode of operation, we will see almost 300 robots which road the market 24h a day tirelessly.  All robots hav
250 USD
StarseedFX Smart Trading Tool
StarseedFX Smart Trading Tool
Mohamed Elsayed
What Exactly Is A Smart Trading Tool? Smart Trading Tool was developed for fast and comfortable trading of the financial markets especially for ORDER BLOCKS TRADERS . It provides traders functionalities, such as: A Drawing Tool One-Click Trading Panel Automated Lot Sizes Calculation based on your risk appetite & Money Management ( Watch this video , how this tool can help manage your risk per trade better!) Built in PRICE LEVELS (Fibonacci, Round Numbers, Daily hi-low, etc) Shows Trading Informa
125 USD
Unlimited Trade Copier Pro
Unlimited Trade Copier Pro
Vu Trung Kien
Unlimited Trade Copier Pro is a tool to copy trade remotely between multiple MT4/MT5 accounts at different computers/locations over internet. This is an ideal solution for signal provider, who want to share his trade with the others globally on his own rules. One provider can copy trades to multiple receivers and one receiver can get trade from multiple providers as well. The provider can even set the subscription expiry for each receiver, so that receiver will not be able to receive the signal
299 USD
Telegram To MT4 Copier
Telegram To MT4 Copier
Trinh Dat
SPECIAL LAUNCH PROMO Only price 119$ till 2021.09.30, full price is 149$. The product will copy all signal from telegram ( include private channel,  public channel and group   which you are member   ) to MT4, also it can work as remote copier.  Easy to set up Work with almost signal formats Work with Image signal Copy order instant Auto detect symbol Work as remote copier: with signal have ticket number, it will copy exactly via ticket number. Parameters Input Chat ID of Telegram Signal: Aft
119 USD
Ultimate Trailing Stop EA
Ultimate Trailing Stop EA
BLAKE STEVEN RODGER
This EA Utility allows you to manage (with advanced filtering) unlimited open orders (manual or EA) with trailing stops based on 14 methods: fixed, percent, ATR Exit, Chandelier Exit, Moving Average, Candle High Low Exit, Bollinger Bands, Parabolic, Envelope, Fractal, Ichimoku Kijun-Sen, Alligator, Exit After X Minutes or Bars. The trailing stop can be either real or virtual, and you can exit fully or with a partial close percent on touch or bar close. Visualize all orders and their trailing sto
100 USD
All Symbols Trading Panel
All Symbols Trading Panel
Satyam Shivam
All Symbols Trading Panel is one of the most advanced and revolutionary trading panels available for MT4. It's highly efficient and user friendly interface allows you to place market orders as well as pending orders for all currency pairs from a single panel. Also, the panel shows the current live Ask and Bid prices on the panel itself. So, the user doesn't needs to check the prices on a different terminal. Everything required for placing an order, be it a market or a pending order, can be done
100 USD
Trading Planner Semi Automated EA
Trading Planner Semi Automated EA
Yohana Parmi
Semi Automated EA for working as your trading assistant. Overview Trading planner will make you act like professional traders in real markets. Before entering markets, they make a plan for their trades, screening out all opportunities in all time frames. Trading Planner can be used for all Time Frames (M1 ~ MN). Simply draw trendline as a trend and Support/Resistance . At this version , market opportunities will be taken by trendline using strategy of 1, 2, 3 . Simply draw the trendline by defin
143 USD
News Trader Pro
News Trader Pro
Vu Trung Kien
新闻操盘手专业版 是一个独特的机器人,让您使用您预先定义的策略进行消息交易。它从几个流行的外汇网站加载的每条消息的片断。您可以选择任何消息和预设的策略进行交易,之后新闻操盘手专业版根据选定的策略,在新闻来临时自动进行交易。 新闻发布给出了赚点数的机会,因为在那个时刻,价格通常有大动作。现在,利用这款工具,新闻交易变得比以往任何时候更容易,更灵活,更令人兴奋。不要等待,不要错失,不要再迷惑了。每周只需针对重要新闻设置一次,这个工具将完全按照您的计划进行精准交易。 演示版: 由于这不是一个自动交易机器人 (它是半自动), 您需要下载单独的演示版本: https://www.mql5.com/zh/market/product/5931 参考: 如果您只需要加载新闻 (无需交易), 您可以购买新闻加载机专业版: https://www.mql5.com/zh/market/product/5463 功能 包括所有 新闻加载机专业版 的功能 (查看详情)。 针对每条新闻构建您自己的策略,具有非常灵活的参数。 支持五种高级策略,带有大量控制参数 (止损, 止盈, 尾随, 网格间隔, 手数缩放
299 USD
Market Pressure Dashboard
Market Pressure Dashboard
Chantal Sala
Market Pressure Dashboard is a new generation utility. Its main function is to assist you and give you operational ideas optimizing your analytical work. Using this utility you could monitor a lots of financial instruments (max 28 symbols FOREX) in a very simple way. The Market Pressure indicator allows you to customize the internal list of the symbols to be monitored. The opening function and position management with this panel will be much more comfortable and navigation charts very powerful.
100 USD
AntiMartingale Execution
AntiMartingale Execution
EMILIANO LOVATO
AntiMartingale-Execution is a pyramidal Money Management system capable of increasing positions as equity increases using the positive margin of the transaction. It is possible to set the capital for each operation, the operating and maximum margins and the target level to be reached. Once the general trade settings have been made, it is possible to preview the grid of operations that will be activated by pressing the BUY / SELL button. If necessary, it is also possible to close all operations
339 USD
Ichimoku Waves Meter vm EN
Ichimoku Waves Meter vm EN
Ichimoku sp z o.o.
The professional utilities " Ichimoku Waves Meter " to analyse graphs using the correct interpretation of Ichimoku kinkōhyō! Is a graphic program that allows traders to quickly and easily measure the proportions between the indicated points on the price graph. This time and price indicator is a basic tool for analysing the chart according to the Ichimoku strategy on the MT4 platform. Using this tool allows an insightful and complete analysis of time waves as well as price waves in a very short
299 USD
KL 4X Lab
KL 4X Lab
Krzysztof Lorenc
The 4X Lab is a next generation software that massively helps professional traders take full control on chart, alerts and orders. Control your trading intuitively, easily and precisely. Place orders using four unique methods, all in accordance with Risk Management, all doesn't require specific skills. Are you confused by Expert Advisor panels occupying half size of the chart? A lot of unwanted information? Too much information on the chart can cause sensory overload. When you suffer from sensory
240 USD
Crypto Market Pro
Crypto Market Pro
Daniil Kurmyshev
New opportunities for analyzing cryptocurrency in the usual MetaTrader 4. For example : We select the symbol of the cryptocurrency and attach any indicators, Expert Advisors or scripts. Startup Mode View cryptocurrency; Data collection. Capabilities Work as with a standard currency chart; Automatic update of open charts; Selection of individual cryptocurrency for updating; Selection of individual timeframes for updating; Work on the desired timeframes; Open charts do not affect the work of C
499 USD
WaltSoft Trade Manager
WaltSoft Trade Manager
WaltSoft
Calculates the Lot Size for a given Percent Risk and places the order with SL and TP with a click of a button. Locks in your profits on auto-pilot   with a Set Break Even function and/or   several Trailing Stop Loss methods. Drag and position your Stop Loss and Take Profit before placing the actual order. Close trades with a click of a button. Works with Market Orders, Instant Orders, Pending Stop Orders and Pending Limit Orders. Works on any instrument:  Forex, Bonds, Futures, Indices, Commodi
129 USD
Active Lines for MT4
Active Lines for MT4
Yury Kulikov
Attention: Demo doesn't work in terminal. Active Lines - a powerful professional tool for operations with lines on charts. Active Lines provides a wide range of actions for events when the price crosses lines. For example: notify, open/modify/close a position, place/remove pending orders. With Active Lines you can assign several tasks to one line, for each of which you can set individual trigger conditions, as well as conditions for re-activations and the number of possible activations. Activ
120 USD
FiboPlusWaves
FiboPlusWaves
Sergey Malysh
FiboPlusWave Series products Ready-made trading system based on Elliott waves and Fibonacci retracement levels . It is simple and affordable. Display of the marking of Elliott waves (main or alternative option) on the chart. Construction of horizontal levels, support and resistance lines, a channel. Superposition of Fibonacci levels on waves 1, 3, 5, A Alert system (on-screen, E-Mail, Push notifications).    Features: without delving into the Elliott wave theory, you can immediately open one of
360 USD
Assistant 23 in 1 PRO
Assistant 23 in 1 PRO
Makarii Gubaydullin
专业助手:包括23种工具,方便交易 重要提示 :程序文件必须放在"Experts"目录中! 详细说明 主要功能: I.开设新职位: 1.手数计算+方便下单。 2. 风险/回报比率计算+可视化。 3. 完全处理挂单"OCO"订单,可以指定不同的Id(一旦执行一个挂单,具有相同ID的剩余订单将自动取消)。 II.关闭或修改交易: 4. 关闭某一类交易。 5. 设置自动盈亏平衡。 6. 部分平仓交易。 三、贸易统计及市场分析: 7. 您在所选时间段内交易的详细统计信息。 8. 分析开仓的星期几,以找到交易的最佳和最差的日子。 9. 详细的市场信息+价格行为分析。 IV.交易工具和指标: 10. 价格行动指标与模式的视觉配置的可能性。 11. 未来柱指标。 12. 倒计时酒吧的关闭:任何时间框架。 13. 柱的大小的指标。 14. 自动支撑/阻力水平。 15. 自动斐波那契水平。 16. 差距指标。 17. 潜在损益水平。 18. 用于在单个窗口中显示多个时间帧的实用程序。 19. 全球交易时
100 USD
作者的更多信息
Auto Trailing Stop and Break Even Demo
Auto Trailing Stop and Break Even Demo
Fernando Jose Velasco Borea
If you want to test the functionality of this tool, you can do it trough this DEMO version, that is restricted to work only on EURUSD and USDJPY currency pairs. Full version is available here: https://www.mql5.com/en/market/product/29243/ This EA was originally coded as a back up tool for my personal trades as all of us (Or at least the ones who have left an order open and went to sleep) have experienced the frustration that involves waking up, check the trades and see that in some of them the
FREE
Advanced Pending Orders
Advanced Pending Orders
Fernando Jose Velasco Borea
This EA facilitates sending multiple orders simultaneously. It also facilitates a function designed to be executed in a specific hour, ideal to facilitate its operation during the night, allowing to schedule positions while we are not next to the graph. The system can send direct orders at the market price or pending orders, speeding up the execution of operations with multiple Take Profit as well as controlling the Slippage of each order. The parameters of the system are: •          Broker Info
30 USD
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