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Pips Break Even EA

30 USD

Demo downloaded: 10

Published: 4 July 2022

Current version: 1.2

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Pips Break Even EA

Utilities
Udeme Anietie Okon
Version: 1.2
Updated: 17 June 2023
Activations: 5

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 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). This is similar to a trailing stop, but instead of continuously trailing the stop, it is moved once to entry point or entry point plus some pips(This is what I mean by the term "break even plus - BE+").

Search "OnPips Break even EA" for the MT4 version of this same EA.

INPUT PARAMETERS

Magic Number: Leave it blank.

OnProfitPips: Sets the value of positive pips for open trades before your breakeven is activated. Double click on the values to edit it.

BEPoffsetPips: Sets the pips offset. Type in 0, if you do not want a pips offset. OR Type in any value you want to use as pips offset. This means that this EA can 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.

Take note: This EA will work whether you have manually or automatically set stop loss or not.

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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 automat

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. 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 your

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. 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 your o

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. "OnPro

This is a dual function EA. It offers both trailing stop and break even(BE) or breakeven-plus(BE+) functions. This EA sets BE/BE+ and Trailing stops for both manually and auto-opened trades. To use only the BE/BE+ function of the EA, type in the number 3, under BlockID in inputs, when initializing the EA. To use only trailing stop, type in 2. 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 p

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 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. "OnP

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Version 1.2 2023.06.17

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.
I mean, there is pips offset now.

Version 1.1 2023.03.12

Unnecessary messages on chart removed.