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Breakeven And Trailing Stop EA

This is a dual function EA. It offers both trailing stop and break even(BE) or breakeven-plus(BE+) functions. This EA sets BE/BE+ and Trailing stops for both manually and auto-opened trades. To use only the BE/BE+ function of the EA, type in the number 3, under BlockID in inputs, when initializing the EA. To use only trailing stop, type in 2.

Trailing stop is a more flexible variation of a normal exit order. Trailing stop is the practice of moving the stop-loss level closer to the current price when the price moves in your favor. Trailing the stop-loss allows traders to limit their losses and safeguard their profits. It is a very popular practice. This EA will manage your order's stop-loss by moving it at fixed steps.  A trailing stop will allow a stop order to follow the last traded price based on a pre-set distance, and will automatically move to lock in your profits. It follows a simple rule and doesn't rely on any indicators.

Moving stop-loss to a  breakeven (entry point) is popular among traders who wish to safeguard their profits and to let their trades run without incurring a risk of loss. With this EA, you can have your stop-loss orders moved to a breakeven point automatically when a positive price move covers some specific distance. In particular, this expert advisor can detect when the current price is at some specified minimum distance from the trade's open price and move the stop to breakeven (that is; entry point).  This is similar to a trailing stop, but instead of continuously trailing the stop, it is moved once to entry point.

Alternatively, moving stop-loss to a  breakeven-plus is essential if your broker charges you commissions per trade. This ensures that you are truly trading at zero risk. N/B: Breakeven plus means your stops are moved to entry point plus some pips (you will set this in the input section).

Click "https://www.mql5.com/en/market/product/83525" for the MT4 version of the same EA.

INPUT PARAMETERS

Magic Number: Leave it blank.

OnProfitPips: Sets the amount of pips on profit for a trade before your breakeven or breakeven-plus is activated.

BEPoffsetPips: This sets break even offset. Leave it at 0, to use as breakeven. Type in a value in pips, to use as a breakeven-plus. It could be 3, 5, 10, or any value you choose. Take note, this is in pips. If you type in 5, this means that your stop loss will be moved to entry point plus 5 pips in profit. That is your breakeven-plus(BE+).

tStopPips: Sets trailing stop in pips.

tStepPips: Sets trailing step in pips.

BlockID: This enables you to either deactivate the trailing stop or break even function of the EA. Just type in "2" to deactivate break even function of the EA. Or type in "3" to deactivate the trailing stop function of the EA.

Take note: This EA will work whether you have manually or automatically set stop loss or not.

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Handelskopierer für MT5 ist ein  Handel   Kopierer für die Plattform МetaТrader 5  . Es kopiert Devisengeschäfte  zwischen   alle Konten   MT5  - MT5, MT4  - MT5 für die COPYLOT MT5 Version (oder MT4  - MT4 MT5  - MT4 für die COPYLOT MT4 - Version) Zuverlässiger Kopierer! MT4-Version Gesamte Beschreibung   +DEMO +PDF Wie kauft man Wie installiert man     So erhalten Sie Protokolldateien     So testen und optimieren Sie     Alle Produkte von Expforex Sie können kopieren Trades auch im МТ4
Grid Manual MT5
Alfiya Fazylova
4.83 (12)
Grid Manual ist ein Trading-Panel zum Arbeiten mit einem Raster von Orders. Das Dienstprogramm ist universell, verfügt über flexible Einstellungen und eine intuitive Benutzeroberfläche. Es arbeitet mit einem Raster von Aufträgen nicht nur in Richtung Verlust, sondern auch in Richtung steigender Gewinne. Der Händler muss kein Orderraster erstellen und pflegen, all dies wird von "Grid Manual" erledigt. Es genügt, eine Order zu eröffnen und das "Grid Manual" erstellt automatisch ein Orderraster daf
ManHedger MT5
Peter Mueller
5 (3)
THIS EA IS A SEMI-AUTO EA, IT NEEDS USER INPUT. Manual & Test Version Please DON'T BUY this product before testing or watching my video about it. Contact me for user support & advices! If you've bought this EA, you are entitled to a gift!! MT4 Version  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 easily and clearly. Display your trades/strategies on the
Trader Evolution
Siarhei Vashchylka
5 (3)
" Trader Evolution " - A utility designed for traders who use wave and technical analysis in their work. One tab of the utility is capable of money management and opening orders, and the other can help in making Elliott wave and technical analysis. Manual (Be sure to read before purchasing) | Version for MT4 Advantages 1. Trading in a few clicks. Immediate and pending orders are available in the panel 2. Money management. The program automatically selects the appropriate lot size 3. Simpli
Uber Trade Manager
MDevaus Oy
5 (16)
Der UTM Manager ist ein intuitives und benutzerfreundliches Tool, das eine schnelle und effiziente Handelsausführung ermöglicht. Eine der herausragenden Funktionen ist der Modus „Spread ignorieren“, der es Ihnen ermöglicht, zum Preis der Kerzen zu handeln und Spreads vollständig zu ignorieren (ermöglicht z. B. den Handel mit Paaren mit höherem Spread auf LTF, um zu vermeiden, dass Sie aufgrund von Spreads aus dem Handel ausgeschlossen werden). Ein weiterer wichtiger Aspekt des UTM-Managers ist s
Strategy Builder offers an incredible amount of functionality. It combines a trade panel with configurable automation (covert indicators into an EA), real-time statistics (profit & draw down) plus automatic optimization of SL, TP/exit, trading hours, indicator inputs. Multiple indicators can be combined into an single alert/trade signal and can include custom indicators, even if just have ex4 file or purchased from Market. The system is easily configured via a CONFIG button and associated pop-u
Risk Manager for MT5
Sergey Batudayev
4.42 (12)
Expert Advisor Risk Manager für MT5 ist ein sehr wichtiges und meiner Meinung nach notwendiges Programm für jeden Trader. Mit diesem Expert Advisor können Sie das Risiko in Ihrem Handelskonto kontrollieren. Die Risiko- und Gewinnsteuerung kann sowohl monetär als auch prozentual erfolgen. Damit der Expert Advisor funktioniert, hängen Sie ihn einfach an das Währungspaardiagramm an und legen Sie die akzeptablen Risikowerte in der Einzahlungswährung oder in % des aktuellen Guthabens fest. PROMO
Smart Copy Local MT5
Kyra Nickaline Watson-gordon
5 (3)
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
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This is a dual function EA.  It offers both trailing stop and break even(BE) or breakeven-plus(BE+) functions.  This EA sets BE/BE+ and Trailing stops for both manually and auto-opened trades. To use only the BE/BE+ function of the EA, type in the number 3, under BlockID in inputs, when initializing the EA. To use only trailing stop, type in 2. Trailing stop  is a more flexible variation of a normal exit order. T railing stop  is the practice of moving the stop-loss level closer to the current p
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OnPips Break even EA
Udeme Anietie Okon
1 (1)
This is a break even/break even plus EA. It moves your stop loss to break even(BE) or BE+ based on pre-set number of pips in profit. You can edit this in the input section. This EA sets breakeven for both manually and auto-opened trades. Moving stop-loss to a     breakeven   is popular among traders who wish to safeguard their trades and to let the trades run without incurring a risk of loss. With this     EA , you can have your stop-loss orders moved to a breakeven point automatically when a p
This EA Trails your stops for both manually and auto-opened trades. This EA will work whether you have manually or automatically set stop loss or not. Trailing stop   is a more flexible variation of a normal exit order. T railing stop  is the practice of moving the stop-loss level closer to the current price when the price moves in your favor. Trailing the stop-loss allows traders to limit their losses and safeguard their positive trades. It is a very popular practice. This EA will manage your o
This EA trails your stops based on percentage of current TP, for both manually and auto-opened trades.   You can edit the percentage value in the inputs. Trailing stop   is a more flexible variation of a normal exit order. T railing stop  is the practice of moving the stop-loss level closer to the current price when the price moves in your favor. Trailing the stop-loss allows traders to limit their losses and safeguard their positive trades. It is a very popular practice. This EA will manage you
Break Even Plus MT4
Udeme Anietie Okon
This EA will set breakeven or breakeven-plus for your trades, whether you have manually or automatically set stop loss or not.   If your broker charges commissions per trade, you need to set breakeven plus, not just breakeven, in order to cover up those charges and properly let your trades run at zero risk. Inputs: In the inputs section , set   BEPoffsetPips   to 0, to use it as a "breakeven" EA. Or set   BEPoffsetPips   to any amount of pips you want, to use it as a "breakeven-plus" EA. "OnP
This is a break even(BE)/break even-plus(BE+) EA. It moves your stop loss to BE or BE+ based on pre-set percentage of current TP. You can edit the percentage in the input section. This EA sets breakeven for both manually and auto-opened trades.   Moving stop-loss to a       breakeven or BE+  is popular among traders who wish to safeguard their trades and to let the trades run without incurring a risk of loss. With  this  EA , you can have your stop-loss orders moved to a breakeven point automat
Pips Break Even EA
Udeme Anietie Okon
This is a break even/break even plus EA. It moves your stop loss to break even(BE) or BE+ based on pre-set number of pips in profit. You can edit this in the input section. This EA sets breakeven for both manually and auto-opened trades. Moving stop-loss to a     breakeven   is popular among traders who wish to safeguard their trades and to let the trades run without incurring a risk of loss. With this     EA , you can have your stop-loss orders moved to a breakeven point automatically when a po
This EA trails your stops based on percentage of current TP, for both manually and auto-opened trades.   You can edit the percentage value in the inputs. Trailing stop   is a more flexible variation of a normal exit order. T railing stop  is the practice of moving the stop-loss level closer to the current price when the price moves in your favor. Trailing the stop-loss allows traders to limit their losses and safeguard their positive trades. It is a very popular practice. This EA will manage you
Trailing Stop EA MT5
Udeme Anietie Okon
This EA Trails your stops for both manually and auto-opened trades.  This EA will work whether you have manually or automatically set stop loss or not. Trailing stop   is a more flexible variation of a normal exit order. T railing stop  is the practice of moving the stop-loss level closer to the current price when the price moves in your favor. Trailing the stop-loss allows traders to limit their losses and safeguard their positive trades. It is a very popular practice. This EA will manage your
Break Even Plus MT5
Udeme Anietie Okon
This EA will set breakeven or breakeven-plus for your trades, whether you have manually or automatically set stop loss or not. If your broker charges commissions per trade, you need to set breakeven plus, not just breakeven, in order to cover up those charges and properly let your trades run at zero risk. Inputs: In the inputs section , set   BEPoffsetPips   to 0, to use it as a "breakeven" EA. Or set   BEPoffsetPips   to any amount of pips you want, to use it as a "breakeven-plus" EA. "OnPro
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Version 1.4 2023.04.03
It has been upgraded to function also as a break even-plus (BE+) EA. So, you can either set it to serve as a break even and trailing stop EA or as a break even-plus and Trailing stop EA. This will benefit traders whose brokers charge them commissions per trade, so that they can truly trade at zero risk.
Version 1.3 2023.03.12
The input section is made very simple to understand.
Version 1.2 2022.07.04
Changes in the description, for ease of use.
Version 1.1 2022.07.04
Annoying spread meter and working status removed. You now have a cleaner and simpler chart.