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Takeandstop

5

The "Takeandstop" script is a powerful tool designed to streamline your trading workflow by automatically setting Take Profit (TP) and Stop Loss (SL) levels on your MetaTrader 5 chart. This script is particularly useful for traders who want to efficiently manage their risk and reward without the hassle of manually calculating and entering these levels.

Key Features:

  1. Effortless TP and SL Placement: With a few clicks, the script allows you to set predefined Take Profit and Stop Loss levels for your trades. This eliminates the need for manual calculations and ensures consistency in your risk management strategy.

  2. Customizable Parameters: The script offers flexibility by allowing you to customize the Take Profit and Stop Loss values according to your trading preferences. Tailor the script to meet the specific requirements of your trading strategy.

  3. On-Chart Visualization: The script visually displays the Take Profit and Stop Loss levels on your chart, making it easy to analyze and adjust your trading plan at a glance.

How to Use:

  1. Attach the script to the chart of the desired trading instrument.
  2. Set the desired Take Profit and Stop Loss values in the script parameters.
  3. Execute the script, and the predefined levels will be automatically applied to your open trades.

Risk Warning:

Trading involves risk, and it is important to use risk management tools to protect your capital. While this script can assist in setting Take Profit and Stop Loss levels, it does not guarantee profits, and users should exercise caution and conduct thorough analysis before making trading decisions.

Disclaimer:

The "Auto Take Profit and Stop Loss Setter" script is provided for educational and informational purposes only. Users are responsible for their own trading decisions, and the script should be used at their discretion.



Reviews 2
555903
50
555903 2024.05.06 17:23 
 

nice, working for me

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5 (1)
KT Equity Protector EA consistently monitors the account equity and closes all the market and pending orders once the account equity reached a fixed equity stop loss or profit target.  After closing all trading positions, the EA can close all open charts to stop other expert advisors from opening more trading positions. Equity Stop-Loss If your current account balance is $5000 and you set an equity stop loss at $500. In this case, the KT Equity Protector will close all the active and pending
Easy Strategy Builder 5
Gheis Mohammadi
5 (4)
The  Easy Strategy Builder (ESB)  is a " Do It Yourself " solution that allows you to create a wide range of the automated trading strategies without any line of codes. This is the world’s easiest method to automate your strategies that can be used in STP, ECN and FIFO brokers. No drag and drop is needed. Just by set conditions of your trading strategy and change settings on desired values and let it work in your account. ESB has hundreds of modules to define unlimited possibilities of strategi
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Level2
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Level2 2024.08.07 11:11 
 

User didn't leave any comment to the rating

555903
50
555903 2024.05.06 17:23 
 

nice, working for me

Mary Kehinde Olaniyi
279
Reply from developer Mary Kehinde Olaniyi 2024.05.31 11:30
Thanks for the review 😊
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