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Percentage Break Even EA

30 USD

Demo downloaded: 16

Published: 2 July 2022

Current version: 1.4

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Percentage Break Even EA

Utilities
Udeme Anietie Okon
Version: 1.4
Updated: 5 April 2023
Activations: 5

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 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) or to entry point plus some pips. This is similar to a trailing stop, but instead of continuously trailing the stop, it is moved once to entry point or to entry point plus some pips. The extra pips will cover up for your commissions if you are charged commissions per trade.

Search "Percent Break Even EA" for the MT4 version of this same EA.

Take Note: This EA will work whether you have manually or by another EA, set stop loss or not.

INPUT PARAMETERS

Magic Number: Leave it blank.

OnProfitPercentTP: Sets the percentage on positive based on current TP before your breakeven is activated. Double click on the value to edit.

BEPoffsetPips: Sets the extra positive pips, that will cover up for your commissions. Type-in 0, if you want it to just move your stops to open price.

more...

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This is a dual function EA. It offers both trailing stop and breakeven-plus(BE+) functions. This EA automatically moves the stop loss to break-even after a set profit is reached, and then trails the stop loss to lock in more gains as the trade continues. It can apply break-even and trailing stop independently or together, based on selected symbols. Click " https://www.mql5.com/en/market/product/137383 " for the MT5 version of the same EA. INPUT PARAMETERS Parameter Purpose ENABLE_BREAK_EVEN Ena

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 automatica

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. However, the percentage based trailing requires that you set your TP for it to work. 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 safeg

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

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. "OnPr

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

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. However, for percentage based trailing. take profit must be set by the user. 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 th

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. "OnProf

"Tired of watching the charts 24/7? Missing profits because of poor risk management? Losing trades when you could’ve secured a win?" This is the ultimate automated assistant that protects your gains and limits your risks, and gives you time to focus on other important things. Key Features Break-Even Plus – Locks in your gains and moves your stop-loss automatically. Automatic Stop-Loss & TP – No more emotional trading, just smart execution. Trailing Stop – Ride the trend

GENERAL FUNCTIONALITY OVERVIEW This EA ("Break-Even and Trailing Stop EA") is designed to manage open trades automatically , by: Moving the stop loss (SL) to break-even when certain conditions are met. Applying a trailing stop after break-even is reached, to secure more gains. It does NOT open new trades — it only manages existing trades. You can choose different symbols to apply Break Even and Trailing Stop separately. For the MT4 Version,click this link: https://www.mql5.com/en/market/pro

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Version 1.4 2023.04.05

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 or as a break even-plus 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

Made easy to use.

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 cleaner and simpler chart.