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Trailing Stop and Breakeven MT4

Product Name: Trailing Stop and Breakeven Management EA

Description:
This EA (Expert Advisor) is designed to set trailing stops and breakeven levels for trades based on input parameters and a magic number in MT4. It can be used to manage trades placed manually or by any other EA. The EA allows customization of various settings to suit your trading strategy.

General Settings:

  1. Enable Magic Number (ENABLE_MAGIC_NUMBER): Enable to use a magic number for trades. Set to false for manual trades.

  2. Magic Number (MAGIC_NUMBER_INPUT): The magic number for trades.

Breakeven Settings:

  1. Enable Breakeven (USE_BREAKEVEN): Enable to activate breakeven.

  2. Breakeven Activation (BREAKEVEN_ACTIVATION): The number of pips to move the stop loss to breakeven.

  3. BreakEven Extra Pips (BE_EXTRA_PIPS): Additional pips to add to the breakeven level.

Trailing-Stop Settings:

  1. Use Trailing Stop Loss (USE_TRAILING_STOP_LOSS): Enable to activate trailing stop loss.

  2. Trailing Start (TRAILING_START): The number of pips to activate the trailing stop loss.

  3. Trailing Distance (TRAILING_DISTANCE): The number of pips to trail the price by.

  4. Increment Trailing Stop Loss (TRAILING_INCR): The increment in pips for the trailing stop loss.

Please note that these settings can be customized based on your trading preferences and risk management strategy.

Important Note:
Before using this EA, it is recommended to thoroughly test it in a demo account to ensure it meets your requirements and functions as expected.

Disclaimer:
Trading involves risks, and it is important to understand the potential risks and rewards associated with it. This EA is a tool to assist in managing trades but does not guarantee profits or prevent losses. Use it at your own risk.

If you have any further questions or need additional assistance, feel free to ask in comment and review the product if it helps you.It will encourage me to create more tools like this.


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Send fully customizable signals from MT4 to Telegram and become a Signal Provider! This product is presented in an easy-to-use and visually attractive graphical interface. Customise your settings and start using the product within minutes! User Guide + Demo  | MT5 Version  | Discord Version If you want to try a demo please go to the User Guide. The MT4 To Telegram Sender does NOT work in the strategy tester. MT4 To   Telegram  Features Fully Customise signal to your preference with a huge
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5 (7)
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 MT4 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 co
The product will copy all  Discord  signal   to MT4   ( which you are member  ) , also it can work as remote copier.  Easy to set up. Work with almost signal formats, support to translate other language to English Work with multi channel, multi MT4. 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. How to setup and guide: Let read all details about setup and download Discord To MetaTrade
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Version 2.0 2023.11.12
added check for magic number in BE