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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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GRID TRADING - Layer Master tool kit is the ultimate, easy to use trading toolkit makes it simple to layer grids of Orders over any entry level. This toolkit will make it simple and fast to Open / Enter and Manage your grid trades on MT4. Every function is simple - but clicking and dragging the order zone - you define an area you want your orders, then you can quickly drag the SL and TP levels to where you want them. Hit one button and your orders are sent!!!  Features: It is capable to send h
MT4 To Telegram Sender
Levi Dane Benjamin
3.5 (4)
¡Envía señales totalmente personalizables desde MT4 a Telegram y conviértete en un Proveedor de Señales! Este producto se presenta en una interfaz gráfica fácil de usar y visualmente atractiva. ¡Personaliza tus ajustes y comienza a usar el producto en minutos! Guía del Usuario + Demo  | Versión MT5  | Versión Discord Si deseas probar una demo, por favor ve a la Guía del Usuario. El Enviador de MT4 a Telegram NO funciona en el probador de estrategias. Características de MT4 a   Telegram Per
OrderManager MT4
Lukas Roth
4.67 (21)
Presentamos el OrderManager : Una herramienta revolucionaria para MT4 Gestiona tus operaciones como un profesional con la nueva utilidad Order Manager para MetaTrader 4. Diseñado con la simplicidad y la facilidad de uso en mente, Order Manager te permite definir y visualizar fácilmente el riesgo asociado con cada operación, permitiéndote tomar decisiones informadas y optimizar tu estrategia de trading. Para más información sobre OrderManager, por favor consulta el manual. [ Manual ] [ Versión MT
Grid Manual MT4
Alfiya Fazylova
4.72 (18)
Grid Manual es un panel de negociación para trabajar con una cuadrícula de órdenes. La utilidad es universal, tiene configuraciones flexibles y una interfaz intuitiva. Funciona con una cuadrícula de pedidos no solo en la dirección de promediar pérdidas, sino también en la dirección de aumentar las ganancias. El usuario no necesita crear y mantener una cuadrícula de pedidos, la utilidad lo hará. Basta con abrir un pedido y el "Grid manual" creará automáticamente una grilla de pedidos para el mism
Basket EA MT4
Juvenille Emperor Limited
5 (5)
Basket EA MT4 es el mejor cosechador de ganancias y el protector de cuenta definitivo, todo en una solución muy fácil de usar. La idea detrás de Basket EA ΜΤ4 es poder controlar las ganancias y/o pérdidas generales de su cuenta comercial a nivel de canasta, para todas sus posiciones abiertas combinadas. Ofrece configuraciones de canasta de toma de ganancias, stop loss, break even y trailing stop loss en porcentaje del saldo de la cuenta o en la moneda de la cuenta (en dinero) para todas las pos
KT Equity Protector MT4
KEENBASE SOFTWARE SOLUTIONS
3.25 (4)
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
Mentfx Mmanage
Anton Jere Calmes
5 (15)
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
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
Join the Out of the Box Telegram Group search for "Out of the Box" on Telegram or contact me This is not just a simple copier program that ONLY allows you to locally copy transactions between different MetaTrader 4 a accounts in any direction and quantity as quickly and easily as possible .Of course it does that. This copier DOES MUCH MUCH MORE!!! PLEASE READ BELOW AND SEE SCREENSHOTS. Many of us have martingale EAs or none martingale that are good but some point you wish to had opened
Summer 40% discount ($149 -> $88) Everything for chart Technical Analysis indicator mt4 in one tool Draw your supply demand zone with rectangle and support resistance with trendline and get alerts to mobile phone or email alert -  Risk reward indicator Video tutorials, manuals, DEMO download   here .  Find contacts on my   profile . 1.   Extended rectangles and trendlines Object will be extended to the right edge of the chart when price will draw new candles on chart. This is rectangle extend
Partial Closure EA MT4
Juvenille Emperor Limited
5 (3)
Cierre Parcial EA MT4 puede cerrar parcialmente cualquier operación en su cuenta de operaciones, manualmente por un cierto porcentaje % del tamaño del lote y/o ticket de operación o automáticamente en porcentaje % del nivel TP/SL para un porcentaje % del tamaño del lote inicial en 10 niveles de Take Profit y 10 Stop Loss. Puede gestionar todas o cualquiera de las operaciones de su cuenta, especificando o excluyendo ciertas operaciones con números mágicos o símbolos. Sugerencia: descargue la v
The Expert Advisor will help you forward all pop-up alert with screenshot from  MetaTrader 4 to Telegram channel/ group, also forward all notifications to Telegram. Parameters  -  Telegram Bot Token - create bot on Telegram and get token.  -  Telegram Chat ID  - input your Telegram user ID,  group / channel ID  -  Forward Alert - default true, to forward alert.  -  Send message as caption of Screenshot - default false, set true to send message below Screenshot  How to setup and guide  - Telegram
Eezeorder 2
Tawanda Tinarwo
5 (2)
NEW VERSION!  NB: IF YOU ARE USING A VERY HIGH RESOLUTION MACHINE AND THE EA DISPLAY LOOKS TOO SMALL, CONTACT ME SO I CAN HELP YOU. 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 Spe
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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