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GRInvest Breakeven AutoSet EA

GRInvest Breakeven AutoSet EA Description FREE VERSION

GRInvest Breakeven AutoSet EA is a powerful tool designed for traders who want to automate the process of setting breakeven levels for their trades. This Expert Advisor (EA) is specifically developed for MetaTrader 4 (MT4) and works seamlessly to manage your trades by automatically adjusting the stop loss to the entry price once a predefined profit level is reached. This ensures that your trades are secured without the need for constant manual monitoring.

Key Features:

  • Automatic Breakeven Setting: The EA automatically sets the breakeven level to the entry price after your trade reaches a specified number of points or pips in profit. This helps in locking in profits and minimizing potential losses.
  • Chart-Specific Control: The EA manages only the trades that are placed on the chart it is attached to, allowing for precise and targeted trade management.
  • Customizable Parameters: Users can define the number of points or pips after which the breakeven is set, providing flexibility to match different trading strategies and risk management preferences.
  • Magic Number Management: The EA can be configured to manage trades based on a specific magic number, or it can handle all trades on the chart, making it versatile for various trading setups.
  • Error Handling: Built-in error checking ensures that any issues with order modifications are identified and reported, providing transparency and reliability in trade management.

How It Works:

  1. Initialization: The EA initializes with user-defined parameters such as BreakevenPoints , Slippage , and MagicNumber .
  2. Monitoring Trades: On every tick, the EA scans all open trades on the current chart.
  3. Setting Breakeven: When a trade reaches the defined profit level, the EA automatically adjusts the stop loss to the entry price, setting the trade to breakeven.
  4. Error Reporting: If there is any issue in modifying the order, the EA logs an error message to help users troubleshoot and ensure smooth operation.

Parameters:

  • BreakevenPoints: Set the number of points (or pips) in profit before the breakeven is activated.
  • Slippage: Define the allowable slippage for order modifications.
  • MagicNumber: Manage trades based on a specific magic number (set to 0 to manage all trades on the chart).

Benefits:

  • Peace of Mind: Automates the process of securing profits, allowing you to focus on other aspects of trading.
  • Customizable: Tailor the EA to fit your specific trading strategy and risk management needs.
  • Reliable: Robust error handling ensures smooth operation and easy troubleshooting.

GRInvest Breakeven AutoSet EA is the perfect tool for traders looking to automate their trade management and ensure their positions are protected once they reach a profitable level. Enhance your trading strategy with this reliable and customizable EA, and take the stress out of manual trade adjustments.


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The top-selling EAs on the market cost a lot and one day they are suddenly gone. This is because one strategy will not work in the forex market all the time. Our product is unique from all others in the MQL Marketplace because our EA comes with 34+ built-in indicators that allow adding more strategies every time.  You build your strategy and keep updating it. If one strategy does not work, simply build another all using only one EA. This is All-In-One EA in this market place. You can use as trad
Ultimate Trailing Stop EA
BLAKE STEVEN RODGER
4.33 (15)
This EA Utility allows you to manage (with advanced filtering) unlimited open orders (manual or EA) with 16 trailing stop methods: fixed, percent, ATR Exit, Chandelier Exit, Moving Average, Candle High Low Exit, Bollinger Bands, Parabolic, Envelope, Fractal, Ichimoku Kijun-Sen, Alligator, Exit After X Minutes or Bars, RSI and Stochastic. The trailing stop can be either real or virtual, and you can exit fully or with a partial close percent on touch or bar close.  Moreover, you can add (overr
Trade Assistant GS
Vasiliy Strukov
5 (34)
El panel de operaciones se limita a la gestión de órdenes, tanto las que se abren mediante botones como las que abre el usuario. Simple y conveniente en la Colección. Complementará a cualquier comprador. Recomiendo usarlo junto con el indicador Gold Stuff. Configure el comercio como órdenes individuales y construya una cuadrícula con una distancia. Para crear una cuadrícula estándar, simplemente establezca una distancia grande, como 10000. Los resultados en tiempo real se pueden ver aquí. ¡
Eezeorder 2
Tawanda Tinarwo
5 (1)
NEW VERSION!  Open Multiple Trades on MT4 in 1 click at one price. Enter the Lot size Specify the number of trades you want to open Choose whether you want TP SL or Trailing Stop Once you are done, click Buy or Sell Open Multiple Pending Orders on MT4 in 1 click at one price. Enter the Lot size Specify the gap from the current price, where you want to place the pending order Specify the number of trades you want to open Choose whether you want TP SL or Trailing Stop Once you are done, click Buy
Take a Break
Eric Emmrich
5 (28)
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
The Best One Scalping Trade Panel functional manual trade panel with risk reward, auto SL by candle ( original solution), lot size calculation, one-click trading, scale in and out of trades (partial close),  Works with all symbols not just currency pairs, perfect works on DAX, NASDAQ, GOLD, ...... I earn every day during live stream on ZakopiecFX - join Me Risk by lot Risk by percent SL by points SL by Candle, Renko, RangeBar ( original solution) TP by point TP by Risk/Reward Auto Trailing b
Layer Master Toolbox
Peter Andrew Thomas
5 (2)
Layer Master is a tool kit that helps send and manage layers of Orders for traders that like to manual trade using Grids or to cover an entry area with orders.  Features: It is capable to send hundreds of Buystop / Sellstop / Buy Limit and Sell Limit orders in a quick and simple manner.  Enter the order type you want, key in the number of orders, order size, SL and TP- Then hit the Draw Zone button. Select your order area and then hit send! Send hundreds of orders to the market in one action
Mentfx Mmanage
Anton Jere Calmes
5 (16)
The added video will show you the full functionality, effectiveness, and simplicity of this trade manager. Drag and Drop Trade Manager. Draw your entry and have the tool calculate the rest. Advanced targeting and close portions of a trade directly available in tool (manage trades while you sleep). Market order or limit order on either side with factored spread. Just draw the entry, the tool does the rest. Hotkey setup to make it simple. Draw where you want to enter, and the stop loss, the tool c
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Versión 1.5 2024.08.04
update error handling an info panel to show pips of open orders on chart