Market / MetaTrader 4 / Utilities /

XP Layering and set BE tool

Demo downloaded: 2

Published: 28 March 2024

Current version: 2.81

XP Layering and set BE tool

Utilities
Mostafa Mahmoud
Version: 2.81
Updated: 5 November 2024
Activations: 20

Hello and welcome :) this is the MT4 version

This is a powerful tool to help you to manage your positions with hassle free to free up your mind to focus on your trading analyzes ,

current price for this tool is just $30 per year ( just 8 cents per day 😂) , I can't guarantee that the price will stay as low as this! , it's price is nothing beside this tool value and the hard work time spent on developing and upgrading this tool !

when you need to set BE for you trade once it in profit

or you need to distribute your entry volume to average the price

you don't need to stay on front of the PC or Mobile to monitor your trade

just drop this EA on your chart and set your trading strategy like one entry to set BE

or set 2 or more TP , and open your orders through your PC or Mobile

and let the EA handle the noisy work that not important to you , save your time!

invest your time to study your trading symbol/chart trend , support , resistance

just enter the trade and let the EA do the work .

this EA technically made to help traders with fast actions and accurate work ,

- you may want to enter trade and when the trade in profit an amount of pips you want to secure it and set SL to entry price

just enter the trade and let the EA do the work .

- you may want to enter trade with 2 or 3 or any amount of targets

you have to enter with one position for every target TP

you set this amount of target in the EA setting and once 1st TP hit the EA will set BE for remaining positions

- you may want to distribute your trading volume instead of enter the trade with your full volume

you can set the EA to open new layers for your every amount of ticks goes against your trade

- also regarding recently added features , the tool can set the TP as entry price when the price goes against our trade with amount of ticks , also can be set to open new layers with the new price level because when price reach the 1st position price will hit TP on entry price with zero profit but with the 2nd layer will be in profit and will hit TP with profit and so on .

the EA show you all information you may need about your trading account and current open trades what ever how much them ,

WE ARE DEALING WITH TICKS NOT PIPS ! , BECAUSE THE NUMBER OF DECIMAL DIGITS IS DIFFENT BETWEEN BROKERS , SO CONFIGURE THE SETTINGS FOR EVERY SYMBOL AS THE AMOUNT OF TICKS YOU WANT BASED ON YOUR BROKER DIGITS

SOME BROKERS FOR EXAMPLE SHOWING GOLD PRICES LIKE 2150.65 AND OTHER BROKERS SHOWING IT LIKE 2150.650

HERE , THE TICK IS THE SMALLEST NUMBER IN THE SYMBOL PRICE DECIMAL DIGITS !

INPUTS :

(YourStrategyMainPositions) the main setting

this setting used by you to inform the EA how much positions (we call it MAIN POSITIONS) you will open in the start of your trade with different TP but all this positions with the same SL for applied symbol pair , examples :

- if you set it to 0 , the EA will layering your losing positions ( also this will happen when you set to ZERO setting named MaxLayers )

- if you set it to 1 , the EA will layering your losing positions (losing amount you set in NewLayerWhenLossTicks) until layers count reach ( MaxLayers )

- if you set it greater than 1 , the EA will layering your losing positions (losing amount you set in NewLayerWhenLossTicks) until layers count reach ( MaxLayers )

and when the 1st TP hit , the EA will set the SL for the remaining MAIN POSITIONS , the SL will be set to price away from entry price with amount of ticks you set in ( BE_Grace_Ticks ) , if you set this to 0 , the EA will set SL exactly to the entry price .

( NewLayerWhenLossTicks )

As I said above the layering orders will be opened every time the latest layer loss this amount of ticks until reaching MaxLayers

( InverseLayering )

this is newly added revolutionary feature on 2024-Apr-03 to make the layering when your main position in profit instead of loss , this idea to increase chances for bigger profit when hit TP , unlike layering when loss , will increase chance for bigger loss if hit SL .

( setBE_WhenProfitTicks )

- if you set this greater than 0 , the EA will set main positions SL to entry price , of course the price will be far away from entry price with amount of ticks you set in ( BE_Grace_Ticks )

regardless the 1st TP hit or not even if you set ( YourStrategyMainPositions ) to 0 , because you may want to use this EA just as an automatic set BE tool to secure positions from price reversal against your trade.

- if you set it to 0 , the SL will set to entry price for the remaining MAIN POSTIONS only when your 1st MAIN POSTION hit it's TP

( PositionsTypesToHandle )

select the type of orders you want EA to handle , you may apply the EA on two charts for same symbol to handle buys & sells with different settings

if you select ALL , the EA will handle the two types of positions (Buys & Sells) in the same chart with the same settings.

( LotMultiplier )

This to increase or decrease lot size if you want for every layer will be opened by multiply the latest order lot size !!!

- if set to 1.0 the new layer will be opened in the same size .

- if set higher than 1.0 will increase, lower than 1.0 will decrease the lot size , but if the decreasing will make the new layer lower than the Broker minimum lot size, the new layer will be opened with the Broker minimum lot allowed.

( MaxSpreadTicks )

The maximum spread allowed (in ticks) to open or close position to avoid high spreads like during news or low liquidity market.

( SlippageTicks )

The maximum slippage ticks you agree when open or close positions.

( SendPushNotification )

if you set to true , the EA will send push messages to MetaTrader with transactions done by EA. ( only if you enabled this setting in MetaTrader and added a working MetaQuotes ID )

2024-04-23

added another hassle-free feature (AutoOpenRemainingMainPositions) to auto open the remaining main position for you to guarantee for you placing your orders light fast

if you set (YourStrategyMainPositions) = 2 , once you open 1st position and set SL & TP for it , the EA will open the second position for you and will use this setting (IncreaseTPforAutoMainPositions) to increase profit target if you set it more than ZERO

and this setting (OnlyPositionsNotPassedThisSeconds) to avoid auto opening/copying positions if the last position you opened has passed this amount of seconds .

2024-05-19

2024-11-02 (version 2.8)

Two upgrades combined this time

added new feature ( setTPAsEntry_WhenLossTicks ) this is good for scalping when price goes against your trade with this amount of ticks , the EA set the TP as entry to exit this trade ASAP

and you will benefit more when combine it with the second new feature ( DynamicTPforLayers ) to set the TP for newly opened layers with specific target of ticks

for example you set ( NewLayerWhenLossTicks ) = 3000 ticks and you set ( setTPAsEntry_WhenLossTicks ) = 3000 and set ( DynamicTPforLayers ) = 3000 , so the 1st position will close on entry and second position will be closed when reach profit of 3000 ticks.

Hope this EA help you and wishing you a successful trade :)

if you want the MT5 version , use the following link :

https://www.mql5.com/en/market/product/115150

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The most advanced news filter and drawdown limiter on MQL market NEW: Take a Break can be backtested against your account history! Check the " What's new " tab for details. Take a Break has evolved from a once simple news filter to a full-fledged account protection tool. It pauses any other EA during potentially unfavorable market conditions and will continue trading when the noise is over. Typical use cases: Stop trading during news/high volatility (+ close my trades before). Stop trading when

70 USD

This tool will allow you to export MetaTrader indicators data (Buffers) for any financial instrument present in your MetaTrader 4. You can download multiple Symbols and Timeframes in the same csv file. Also, you can schedule the frequency of download (every minute, 5 minutes, 60 minutes, etc.). No need to open a lot of charts in order to get the last data, the tool will download the data directly. The CSV File will be stored in the folder: \MQL4\Files . How it works Report Tab : Select

50 USD

« Trade Sync » — Really fast copying and precise synchronization of trades. Simple installation and configuration of the application within 5 seconds allows you to copy trades between different MetaTrader terminals installed on one Windows PC or Windows VPS at maximum speed. «Trade Sync» contains a large number of options for customizing the application to your specific needs and allows you to cope with even complex user tasks. Separate use: Trade Sync MT4 - allows you to copy (Мt4 > Мt4), Trade

50 USD

Closing positions in MetaTrader 4 upon reaching the total profit/loss with the profit trailing function. You can enable the Virtual stops (Separate Order) , Calculating and closing for BUY and SELL positions separately (Separate BUY SELL) , Closing and calculating all symbols or the current symbol only (All Symbols) , Enable trailing for profit ( Trailing Profit) Close on total profit and loss in deposit currency, points, or % of the balance. The application is designed for use on any account t

40 USD

Hello and welcome ladies & gentlemen :) this is the MT5 version of this free tool for my lovely people :) It's very simple tool to set Stoploss for your orders or positions within milliseconds whatever how much this orders count , Just drop the EA on the chart that you want to modify the SL for it's orders and fill the INPUTS as the following : - ( Order_Type ) Select the orders or positions types . - ( StopLoss ) Write the SL you want . - ( MagicNumber ) Use magic number 0 for manual cre

FREE

Hello and welcome ladies & gentlemen :) this is the MT5 version of this free tool for my lovely people :) It's very simple tool to CLOSE your positions by price of last candle close , Sometimes you want to get more confirmation to close your positions and also to avoid unpredictable price movements , So you close your order when there is a closed candle above or below your StopLoss price , Instead of tracking your trade , save your time , Just drop the EA on the chart that you want to close it's

FREE

Hello and welcome ladies & gentlemen :) this is the MT4 version of this free tool for my lovely people :) It's very simple tool to CLOSE your positions by price of last candle close , Sometimes you want to get more confirmation to close your positions and also to avoid unpredictable price movements , So you close your order when there is a closed candle above or below your StopLoss price , Instead of tracking your trade , save your time , Just drop the EA on the chart that you want to close it's

FREE

Hello and welcome ladies & gentlemen :) this is the MT4 version of this free tool for my lovely people :) It's very simple tool to set Stoploss for your orders or positions within milliseconds whatever how much this orders count , Just drop the EA on the chart that you want to modify the SL for it's orders and fill the INPUTS as the following : - ( Order_Type ) Select the orders or positions types . - ( StopLoss ) Write the SL you want . - ( MagicNumber ) Use magic number 0 for manual created o

FREE

Hello and welcome :) this is the MT5 version This is a powerful tool to help you to manage your positions with hassle free to free up your mind to focus on your trading analyzes , current price for this tool is just $30 per year ( just 8 cents per day ) , I can't guarantee that the price will stay as low as this! , it's price is nothing beside this tool value and the hard work time spent on developing and upgrading this tool ! when you need to set BE for you trade once it in profit or you nee

30 USD

Simply this great EA made to make the trading much easier & more automated to gain more profit & grow your wealth , the strategy is very simple & has a lot of success in all trading history , for example , Gold is for buy , so just buy the dip , it's very simple right?! but the problem that if you bought it and did not taken any more actions you will not benefit from price movements the EA will buy every dip for you then will sell them at the top to gain profit from this movements ! all you need

50 USD

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Version 2.81 2024.11.05

code optimization .

Version 2.80 2024.11.02

2024-11-02 (version 2.8)

Two upgrades combined this time

added new feature ( setTPAsEntry_WhenLossTicks ) this is good for scalping when price goes against your trade with this amount of ticks , the EA set the TP as entry to exit this trade ASAP

and you will benefit more when combine it with the second new feature ( DynamicTPforLayers ) to set the TP for newly opened layers with specific target of ticks

for example you set ( NewLayerWhenLossTicks ) = 3000 ticks and you set ( setTPAsEntry_WhenLossTicks ) = 3000 and set ( DynamicTPforLayers ) = 3000 , so the 1st position will close on entry and second position will be closed when reach profit of 3000 ticks.

Version 2.60 2024.07.05

code improvement .

Version 2.50 2024.06.19

Improvement in auto open remaining main orders function.

Version 2.40 2024.06.19

Improvement in auto open remaining main orders function.

Version 2.30 2024.05.19

added new option ( SetSLforLayersAsPreviousPosition ) to set SL for layers when inverse layering to close layers when price go against it to avoid multiplying losses when price go against your trade

added another hassle-free feature (AutoOpenRemainingMainPositions) to auto open the remaining main position for you to guarantee for you placing your orders light fast
if you set (YourStrategyMainPositions) = 2 , once you open 1st position and set SL & TP for it , the EA will open the second position for you and will use this setting (IncreaseTPforAutoMainPositions) to increase profit target if you set it more than ZERO
and this setting (OnlyPositionsNotPassedThisSeconds) to avoid auto opening/copying positions if the last position you opened has passed this amount of seconds .

Version 2.11 2024.04.03

orders information table bug fixed

Version 2.1 2024.04.03

( InverseLayering )

this is newly added revolutionary feature on 2024-Apr-03 to make the layering when your main position in profit instead of loss , this idea to increase chances for bigger profit when hit TP , unlike layering when loss , will increase chance for bigger loss if hit SL .

Version 2.0 2024.04.02

Added new feature to select positions types to be handled by EA
you may select Buys only or Sells only or you select ALL to handle both types on the same chart with the same settings.

Version 1.9 2024.04.01

improvement in setting SL for remaining main positions after 1st TP hit.

Version 1.8 2024.04.01

organizing positions information that written on the chart

Version 1.7 2024.03.30

little improvement .

Version 1.5 2024.03.30

- Increased font size for information table .
- add new info item in the information table displaying the last run time for the EA .

Version 1.4 2024.03.30

added higher level of improvement to deal with more care and smarter when sending MetaQuotes push notification by our messages queue feature.

Version 1.3 2024.03.29

change default setting to disabled for Push messages to MetaTrader .

Version 1.2 2024.03.28

added queueing technique to queue meta trader push messages to avoid violating the amount of message can be sent with in 1 minute .