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Net TP Net SL Setter

5

This EA automatically closes all Open Trades and Pending Orders at your specified Net Profit or Net Loss.

The TP and SL for a single trade can easily be set in Meta Trader, on individual basis and on hitting that TP or SL, the trade is automatically closed. However, if you have multiple trades and you want to set a Net TP and Net SL (in terms of profit & loss) for all of them, then Meta Trader cannot help you.

Here comes this EA “Net TP Net SL Setter” using which you can set a Net TP and Net SL (in terms of profit & loss) for all of your trades. As your specified Net Profit or Net Loss is achieved, all of your open trades and pending orders will be automatically closed. 

Input of EA

Desired Net Profit (for example 100$)

Desired Net Loss (for example -50$)

MT5 Version 

The MT5 Version can be found at https://www.mql5.com/en/market/product/98711


Reviews 1
Wei Lun Lim
290
Wei Lun Lim 2023.07.27 10:00 
 

Fantastic tool for manual traders, and being offered for free! thank you author

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This EA automatically closes all Open Trades and Pending Orders at your specified Date & Time. There is no option in Meta Trader to automatically close all Open Trades and Pending Orders at your specified Date & Time. Here comes this EA “Time Based AutoCloser” using which you just provide your desired Closing Date & Time and on reaching it, all open trades and pending orders will be automatically closed. Input of EA Your Desired Closing Date & Time (for example 2023.01.31 12:30) (Please note t
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This EA automatically closes all Open Trades and Pending Orders at your specified Net Profit or Net Loss. The TP and SL for a single trade can easily be set in Meta Trader, on individual basis and on hitting that TP or SL, the trade is automatically closed. However, if you have multiple trades and you want to set a Net TP and Net SL (in terms of profit & loss) for all of them, then Meta Trader cannot help you. Here comes this EA “Net TP Net SL Setter” using which you can set a Net TP and Net SL
FREE
This EA automatically closes all Open Trades and Pending Orders at your specified time, before weekend close. It is always a wise approach to close all your open trades and pending orders, before weekend close on Friday, due to following two reasons:  There may be unfavorable big price gap   on market open. There may be   wide spreads , starting almost 30 minutes before market close & almost 30 minutes after market open. A pair that usually has a 3 pip spread may widen to 50 pips, which may eas
FREE
This EA automatically closes all Open Trades and Pending Orders at your specified time, before weekend close. It is always a wise approach to close all your open trades and pending orders, before weekend close on Friday, due to following two reasons:  There may be unfavorable big price gap   on market open. There may be   wide spreads , starting almost 30 minutes before market close & almost 30 minutes after market open. A pair that usually has a 3 pip spread may widen to 50 pips, which may eas
FREE
This EA automatically moves SL to Entry Price (i.e. Breakeven), after your specified condition i.e. Market Price or Profit is achieved. Example Suppose, you want to move your trade’s SL to Breakeven i.e. same as its entry price, on fulfilling certain condition. But you don’t want to sit in front of PC or mobile for long time, waiting for market to fulfill your desired condition.  Then this EA is for you, as Meta Trader has no option to automatically move SL to Breakeven. Just enter Ticket Numbe
This EA automatically moves SL to Entry Price (i.e. Breakeven), after your specified condition i.e. Market Price or Profit is achieved. Example Suppose, you want to move your trade’s SL to Breakeven i.e. same as its entry price, on fulfilling certain condition. But you don’t want to sit in front of PC or mobile for long time, waiting for market to fulfill your desired condition.  Then this EA is for you, as Meta Trader has no option to automatically move SL to Breakeven. Just enter Ticket Numbe
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Wei Lun Lim
290
Wei Lun Lim 2023.07.27 10:00 
 

Fantastic tool for manual traders, and being offered for free! thank you author

Sajjad Ahmed
1380
Reply from developer Sajjad Ahmed 2023.07.28 10:17
Thanks for your valuable feedback.
Reply to review
Version 1.5 2024.05.05
Graphics Improved.
Version 1.4 2024.04.05
Made more Efficient!
Version 1.3 2024.01.02
Performance Improved.
Version 1.2 2023.10.28
Efficiency Improved.
Version 1.1 2023.07.31
Interface Improved