Break Even Partial Close
This assistant moderates positions to Break Even (Risk Free) and Partial Lot Close,
to use this utility you must set Stop loss, for positions, cause it break even positions through SL amount and the multiplier you set for it ,default multiplier is 1, and it means, when position is in profit equal to SL amount, expert will break even that position. when multiplier is set to 2, profit must be twice as SL distance.
Also there is an option to close a part of position.
- Manage Which positions? This_Symbol_Positions_Only / All_Symbols_Positions,
be careful about using this parameter, it will affect all positions and all symbols. if you select All_Symbols_Positions, please use expert only in ONE CHART.
- Break Even multiplier (by SL distance): explained above
- Break Even Value(Points), New SL distance to entry price after break even.
- Partial Close % (0=Disable) : Percentage for closing part of a position size when break even. for example use 50 to
close half of order lot.
- Set TP: True or False. you may like to set TP automatically by a multiplier through SL amount.
- TP Multiplier(by SL distance): explained in previous parameter
Please before using this assistant on a real account, check it on a DEMO account to ensure that what it really does.