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Auto BE break even EA

5
The AUTO BE Expert Advisor by KALIFX

The AUTO BE is an expert advisor (EA) for MT4, developed by KALIFX. This powerful tool automatically moves the stop-loss level to breakeven as the market price approaches your take-profit target, helping you lock in profits while protecting against potential reversals.

Key Features:

- Automatic Breakeven: Moves the stop-loss to breakeven as trades move towards take profit, ensuring profits are secured.
- Automatic Stop-Loss & Take-Profit: Automatically sets stop-loss (SL) and take-profit (TP) levels for each trade according to your preferences.

- User-Friendly: The AUTO BE EA is a simple yet effective tool for managing your stop-loss levels in MT4. However, it’s important to understand its limitations and consider    alternatives before purchasing.


Input Parameters:


1. Use Automatic SL & TP: Automatically sets SL and TP for each trade according to your preferences. Set to true to enable this feature.
2. Use Breakeven: Enables the breakeven feature. When a trade reaches a specified profit level (in pips or distance towards take-profit), the stop-loss is moved to          the breakeven point (trade's open price level). Set to true to enable this feature.
3. BE % of Take-Profit: Specifies the percentage of TP at which the breakeven point is triggered or the stop-loss line is moved to the breakeven point.

4. BE Offset in Pips: Specifies the number of pips above the open price level where the stop-loss will be moved to breakeven.


To attach or apply the EA (Expert Advisor), follow these steps:

  1. Open the chart for the pair you want to manage.
  2. Attach the breakeven EA to that specific chart.
  3. The EA will only manage trades for the currency pair (or asset) that the chart is displaying.


Note: It is recommended to test the EA on a demo account to understand its functionality and optimize the settings to suit your trading strategy.


For more information and support, here's my telegram link: t.me/KARLIIIIII

Want the .ex4 file?

Support My Work  ☕  

If you find my utilities helpful and would like to support my future projects, feel free to buy me a coffee! Your contributions help me produce more free and useful tools for the community.  


[Support here](https://www.paypal.com/paypalme/CalvinAndile?country.x=ZA&locale.x=en_US)  


Thank you for your support!


Reviews 1
xlxAxlx
1412
xlxAxlx 2024.12.03 13:18 
 

Great... Thank you...

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KEENBASE SOFTWARE SOLUTIONS
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xlxAxlx
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xlxAxlx 2024.12.03 13:18 
 

Great... Thank you...

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