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GRInvest Breakeven AutoSet EA

Elevate your trading with this Breakeven and Trailing Stop Manager, an Expert Advisor (EA) built for MetaTrader 4 to streamline risk management by automating breakeven and trailing stop strategies. This EA helps secure profits and minimize losses without requiring constant manual intervention, giving you more time to focus on market analysis and strategy.


### Key Features:


- **Automatic Breakeven Adjustment:**  

  Automatically move the Stop Loss to the breakeven level once your position reaches a set profit level. The `BreakEvenAfterXPoints` parameter lets you customize when this adjustment occurs.


- **Configurable Breakeven Offset:**  

  Secure a slight profit or account for commission costs by setting the Stop Loss slightly beyond breakeven using the `XPointsAboveBE` parameter.


- **Dynamic Trailing Stop:**  

  After the breakeven is applied, the trailing stop becomes active, adjusting the Stop Loss as the position continues to profit. Customize the trailing stop distance and update frequency with `TrailingStopPoints` and `TrailingStopUpdateInterval`.


- **Real-Time Information Display:**  

  View the EA’s current settings and open position details directly on the chart. You can toggle this feature on or off using the `ShowInfo` parameter.


- **Easy Integration:**  

  This EA works with any symbol and timeframe on MetaTrader 4, integrating seamlessly with both manual trades and other EAs.


### Input Parameters:

- `BreakEvenAfterXPoints`: (Default: 200) The number of profit points needed before the EA moves the Stop Loss to breakeven.

- `XPointsAboveBE`: (Default: 20) Number of points added beyond breakeven for the Stop Loss to ensure a small profit or cover commissions.

- `TrailingStopPoints`: (Default: 350) Distance between the current price and the trailing Stop Loss.

- `TrailingStopUpdateInterval`: (Default: 3 seconds) How frequently the trailing Stop Loss is updated.

- `ShowInfo`: (Default: true) Enable or disable the display of EA settings and position information on the chart.


### How It Works:


- **Breakeven Mechanism:**  

  The EA tracks your open positions and moves the Stop Loss to breakeven once the profit reaches the value set by `BreakEvenAfterXPoints`, plus any additional offset from `XPointsAboveBE`.


- **Trailing Stop Mechanism:**  

  After breakeven is set and the position continues to gain profit equal to `TrailingStopPoints`, the trailing stop kicks in. The Stop Loss will trail the market, adjusting at the intervals specified by `TrailingStopUpdateInterval`.


- **Position Management:**  

  The EA efficiently monitors your positions to prevent unnecessary breakeven or trailing stop reapplications. It also removes closed positions from its tracking for optimal performance.


### Benefits:


- **Automated Risk Management:**  

  Secure profits automatically by adjusting Stop Loss levels, reducing emotional trading decisions.


- **Increased Efficiency:**  

  Spend less time manually managing open positions, freeing up time for analyzing new opportunities.


- **Versatility:**  

  Whether you’re a scalper, day trader, or swing trader, this EA can enhance your risk management. It integrates well with both manual and automated trading systems.


### How to Use:


1. **Attach the EA to Your Chart:**  

   Open MetaTrader 4, navigate to your desired symbol and timeframe, then drag the EA onto the chart from the Navigator window.


2. **Configure Input Parameters:**  

   Set the `BreakEvenAfterXPoints`, `XPointsAboveBE`, `TrailingStopPoints`, and `TrailingStopUpdateInterval` parameters according to your trading strategy.


3. **Enable Automated Trading:**  

   Ensure that “AutoTrading” is enabled in MetaTrader 4.


4. **Monitor and Let the EA Work:**  

   The EA will manage your Stop Loss levels according to your configurations. If `ShowInfo` is enabled, you’ll see real-time updates on the chart.


### Important Notes:


- **Position Management Only:**  

  This EA does not open or close positions. It only modifies the Stop Loss for existing positions on the current chart.


- **Testing Recommended:**  

  Use the EA on a demo account to get familiar with its behavior before using it on a live account.


- **MetaTrader 4 Exclusive:**  

  This EA is specifically designed for use with MetaTrader 4.


### Disclaimer:


Trading carries substantial risk and may not be suitable for every investor. Past performance is not indicative of future results. Use this EA at your own risk and ensure it fits within your broader trading strategy.

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Tome el control de su cartera de divisas. ¡Vea instantáneamente dónde se encuentra, qué funciona y qué le causa dolor! VERSIÓN MT5 DISPONIBLE AQUÍ: https://www.mql5.com/en/market/product/58658 El Trade Manager Dashboard está diseñado para mostrarle de un vistazo dónde se encuentra actualmente cada posición que tiene en el mercado de divisas, y hacer que la gestión de riesgos y la exposición a las divisas sean más fáciles de entender. Para los comerciantes que escalan gradualmente en el mercad
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Makarii Gubaydullin
4.95 (19)
Utilidades
Herramienta multifuncional con más de 65 funciones, incluidas: Calculadora de lotaje, Acción del precio, Calculo RR, Gestor de posiciones, Zonas de Oferta y Demanda Versión demo   |   Manual de usuario   |   MT5 La utilidad no funciona en el probador de estrategias: puede descargar la Versión Demo AQUÍ para probar el producto. Pongase en contacto conmigo para cualquier pregunta / ideas para mejorar / en caso de encontrar un problema Simplifica, acelera y automatiza su operativa de trading. Aume
KT Equity Protector MT4
KEENBASE SOFTWARE SOLUTIONS
3.25 (4)
Utilidades
KT Equity Protector EA consistently monitors the account equity and closes all the market and pending orders once the account equity reached a fixed equity stop loss or profit target.  After closing all trading positions, the EA can close all open charts to stop other expert advisors from opening more trading positions. Equity Stop-Loss If your current account balance is $5000 and you set an equity stop loss at $500. In this case, the KT Equity Protector will close all the active and pending
Trading box Order Management
Igor Zizek
5 (35)
Utilidades
Summer 50% discount ($199 -> $99) Advanced trading tool: One click smart orders that execute under your conditions Developed by trader for trading community:  position size calculator (lot size), open position after price action, strategy builder, set and forget trading, mobile notifications... Risk Management -  Risk percentage position size calculator, gain percentage, target risk reward ratio, spread and commissions are included in calculations 7 Advanced order types   - Set and forget tra
VirtualTradePad mt4 Extra
Vladislav Andruschenko
4.88 (57)
Utilidades
Panel de comercio para operar en 1 clic.  ¡Trabajando con posiciones y pedidos!  Operar desde el gráfico o desde el teclado. Con nuestro panel de operaciones, puede operar con un clic del gráfico y realizar operaciones comerciales 30 veces más rápido que el control estándar de MetaTrader. Cálculos automáticos de parámetros y funciones que facilitan la vida de un comerciante y lo ayudan a realizar sus actividades comerciales de manera mucho más rápida y conveniente. Consejos gráficos e informaci
Flash Copy MT4
Trinh Dat
Utilidades
The program is use to copy trading from MT4   to MT4 and MT5  on local PC or copy  over the Internet.   Now you can easy copy trades to any where or share to friends. Only run one Flash Server on VPS, also need allow the apps if you turn on Windows Firewall. Can not add more than 20 account copier to server, include both  MT4 and MT5 Get free Copier EA for MT4 and MT5 (only  receive signal),   download here Instants copy, speed smaller 0.1 seconds, easy to setup How to setup and guide Let read a
BBMA Oma Ally Signals Scanner
Moch Ramdhan
1 (1)
Utilidades
BBMA Oma Ally Signals Scanner (BBMA Oma Ally Analyzer Dashboard EA) This is a multi-pair and multi scanner dashboard to find the key signal of BBMA Oma Ally Strategy BBMA consists of the use of 2 indicators: Moving Averages Bollinger Bands BBMA consists of many types of entries: Reentry Extreme Rejection EMA50 GAP (EMA50 to Upper/Lower BB) MHV Full Setup (CSE>TPW>MHV>Direction>Reentry) There are many multi timeframe signals based on this strategy. RRE (Reentry - Reentry - Extreme) REE (Reentry
Manual Trade Panel EA MT4
Juvenille Emperor Limited
5 (4)
Utilidades
Panel de Comercio Manual EA MT4 es el panel de comercio más sencillo y fácil de usar que puede encontrar para MT4. Tiene todas sus opciones y funciones en una sola superficie, sin necesidad de abrir ventanas o paneles adicionales. Es una utilidad de gestión de pedidos, calculadora de riesgos, cierre parcial y protector de cuenta, ¡todo en una interfaz extremadamente conveniente de usar! Al utilizar el Panel de Comercio Manual EA MT4 , puede operar mucho más rápido y con mayor precisión que lo
DrawDown Limiter MT4
Haidar, Lionel Haj Ali
5 (8)
Utilidades
Drawdown Limiter EA You are in the right place if you were searching for Drawdown control, Drawdown limiter, Balance protection, Equity Protection or Daily Drawdown Limit related to Prop Firm, FTMO, or Funded account trading, or if you want to protect your trading account. Have you suffered from controlling your drawdown when trading funded accounts? This EA is meant for you. Prop firms usually set a rule called “Trader Daily Drawdown”, and if it is not respected, you are disqualified.  I am an
PZ Equity Guardian EA MT4
PZ TRADING SLU
1 (2)
Utilidades
Este Asesor Experto supervisa constantemente el capital de su cuenta comercial para evitar costosas reducciones y / o cumplir con las reglas comerciales. Cuando se infringe un determinado conjunto de reglas, el EA alertará, cerrará todas las operaciones y, en algunos casos, eliminará todas las órdenes pendientes. Opcionalmente, también puede cerrar todos los gráficos para eliminar todos los EA que operan en la cuenta. Este EA es particularmente útil para los desafíos de comercio de accesorios,
Second Chart the Time Frame in Seconds
Boris Sedov
4.8 (5)
Utilidades
Seconds Chart — timeframes in seconds for MetaTrader 4. The utility allows you to create charts in the MetaTrader 4 terminal with a timeframe in seconds. The timeframe on such a chart is set in seconds, not in minutes or hours. Thus, you can create charts with a timeframe less than M1. For example, S15 is a timeframe with a period of 15 seconds. You can apply indicators, Expert Advisors and scripts to the resulting chart. You get a fully functional chart on which you can work just as well as on
Discord To MT4 Copier
Trinh Dat
5 (3)
Utilidades
The product will copy all  Discord  signal   to MT4   ( which you are member  ) , also it can work as remote copier.  Easy to set up. Work with almost signal formats, support to translate other language to English Work with multi channel, multi MT4. Work with Image signal. Copy order instant, auto detect symbol. Work as remote copier: with signal have ticket number, it will copy exactly via ticket number. How to setup and guide: Let read all details about setup and download Discord To MetaTrade
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GRInvest Breakeven Manager mt5
Greig Cameron Rennie
Utilidades
Maximize your trading efficiency with this Breakeven and Trailing Stop Manager, an Expert Advisor (EA) for MetaTrader 5 designed to enhance your risk management by automating breakeven and trailing stop strategies. This EA ensures that you lock in profits and minimize potential losses without constant manual input, giving you more time to focus on market analysis and decision-making. ### Key Features: - **Automatic Breakeven Adjustment:**     The EA automatically moves the Stop Loss to the b
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Versión 1.88 2024.09.23
update - add magic number setting
Versión 1.87 2024.09.17
updated 1.87
Versión 1.86 2024.09.17
updated trails interval
Versión 1.85 2024.09.11
error fixed
Versión 1.84 2024.09.10
TRAILS FIXED
Versión 1.5 2024.08.04
update error handling an info panel to show pips of open orders on chart