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GRInvest Breakeven Manager mt5

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 breakeven level once your position gains a specified number of points. You can customize this activation using the `BreakEvenAfterXPoints` parameter.


- **Configurable Breakeven Offset:**  

  Secure additional profit or cover commissions by setting the Stop Loss a few points beyond breakeven with the `XPointsAboveBE` parameter.


- **Dynamic Trailing Stop:**  

  After breakeven is activated, the trailing stop feature kicks in, adjusting the Stop Loss to follow the market as the position gains further. The trailing stop distance and update frequency are fully customizable with `TrailingStopPoints` and `TrailingStopUpdateInterval`.


- **Real-Time Information Display:**  

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


- **Easy Integration:**  

  Compatible with any symbol and timeframe on MetaTrader 5, this EA works seamlessly with other EAs or manual trading strategies.


### Input Parameters:

- `BreakEvenAfterXPoints`: (Default: 200) Profit points required to move the Stop Loss to breakeven.

- `XPointsAboveBE`: (Default: 20) Additional points added to breakeven to account for commissions or ensure a slight profit.

- `TrailingStopPoints`: (Default: 350) Distance from the current price for the trailing stop.

- `TrailingStopUpdateInterval`: (Default: 3 seconds) Frequency of trailing stop updates.

- `ShowInfo`: (Default: true) Display or hide EA settings and position information on the chart.


### How It Works:


- **Breakeven Mechanism:**  

  The EA monitors open positions on the current symbol, moving the Stop Loss to breakeven (plus any offset) once the defined profit level is reached.


- **Trailing Stop Mechanism:**  

  When the breakeven level is set and the position gains additional profit equal to `TrailingStopPoints`, the trailing stop will begin following the market, updating every few seconds based on the `TrailingStopUpdateInterval`.


- **Position Management:**  

  The EA efficiently tracks positions to avoid unnecessary reapplications of breakeven or trailing stops, removing closed positions from its active management to optimize performance.


### Benefits:


- **Automated Risk Management:**  

  Protect your profits with automatic Stop Loss adjustments, reducing the emotional aspect of trading.


- **Time-Saving:**  

  The EA manages your trades, allowing you to focus on analyzing new opportunities rather than constantly monitoring active positions.


- **Versatile Application:**  

  Whether you’re scalping, day trading, or swing trading, this EA adapts to your style and integrates smoothly with manual and automated trading strategies.


### How to Use:


1. **Attach the EA to Your Chart:**  

   Open MetaTrader 5, select your desired trading symbol and timeframe, and drag the EA onto the chart.


2. **Configure Input Parameters:**  

   Adjust settings such as `BreakEvenAfterXPoints`, `XPointsAboveBE`, `TrailingStopPoints`, and `TrailingStopUpdateInterval` according to your strategy.


3. **Enable Automated Trading:**  

   Make sure “Algo Trading” is enabled in MetaTrader 5.


4. **Monitor and Let the EA Work:**  

   The EA will manage Stop Loss levels based on your configuration. If enabled, view real-time updates directly 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.


- **Testing Recommended:**  

  Test the EA on a demo account to fully understand its functionality before deploying it on a live account.


- **MetaTrader 5 Exclusive:**  

  This EA is designed specifically for use on MetaTrader 5.


### Disclaimer:


Trading carries significant risk and may not be suitable for all investors. Past performance is not indicative of future results. Use this EA at your own risk and ensure it fits your overall trading strategy.

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Cerberus the Equity Watcher es una herramienta de gestión de riesgos que monitorea constantemente   el valor de tu cuenta y evita drawdowns importantes, que sean ellos causados por EA defectuosos o por las emociones si eres un trader discrecional. Es extremadamente útil para los traders sistemáticos que confían en EA que pueden contener errores o que pueden no funcionar bien en condiciones de mercado inesperadas. Cerberus   permite establecer un valor mínimo de tu cuenta y (opcionalmente) un va
Take a Break MT5
Eric Emmrich
4.75 (16)
Utilidades
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
DrawDown Limiter
Haidar, Lionel Haj Ali
5 (18)
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
MT5 To Telegram Copier
Levi Dane Benjamin
5 (1)
Utilidades
¡Envía señales totalmente personalizables desde MT5 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 cuestión de minutos! Guía del usuario + Demo  | Versión MT4  | Versión Discord Si deseas probar una demo, por favor consulta la Guía del usuario. El remitente de MT5 a Telegram NO funciona en el probador de estrategias. Características de MT5 a
HINN Lazy Trader
Georg Vahi
5 (1)
Utilidades
Set price targets, and leave everything else to HINN Lazy Trader! This tool is designed for automatic position sizing from specified levels to designated targets. Using a VPS is recommended (*). The demo version   limited in functionality, be sure to watch this video before using -->  https://youtu.be/geLQ6dUzAr8 A community for users, product discussion, update news, and first line of support are organized in a free Discord: https://discord.gg/zFhEZc7QDQ Use Webmoney For payments in cryptocu
Hedge Ninja
Robert Mathias Bernt Larsson
3 (2)
Utilidades
Asegúrate de unirte a nuestra comunidad Discord en www.Robertsfx.com , también puedes comprar el EA en robertsfx.com GANE SIN IMPORTAR EN QUÉ DIRECCIÓN SE MUEVA EL PRECIO Este robot gana sin importar en qué dirección se mueva el precio al seguir la dirección cambiante dependiendo de en qué dirección se mueva el precio. Esta es la forma más libre de operar hasta la fecha. Por lo tanto, gana sin importar en qué dirección se mueva (cuando el precio se mueve a cualquiera de las líneas rojas como s
CAP Strategy Builder EA MT5
MEETALGO LLC
4.33 (36)
Utilidades
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 develop 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 trade
OrderManager MT5
Lukas Roth
4.87 (15)
Utilidades
Presentamos el   OrderManager : Una herramienta revolucionaria para MT5 Gestiona tus operaciones como un profesional con la nueva utilidad Order Manager para MetaTrader 5. 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
Trend Line Optimizer MT5
Evgenii Aksenov
4.56 (9)
Utilidades
Este es un optimizador de parámetros automático para el indicador Trend Line PRO Fácil y rápidamente, seleccionará los parámetros óptimos para su indicador favorito Trend Line PRO.  La optimización toma solo unos segundos. El optimizador le permite encontrar los mejores parámetros para cada par y período: Amplitude, TP1-TP3, StopLoss, así como los valores para Time Filter y HTF Filter en la sección seleccionada de la historia (Days)  Para optimizar diferentes Marcos de tiempo, necesita un ran
KT Equity Protector MT5
KEENBASE SOFTWARE SOLUTIONS
5 (1)
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
Trade Manager EA for MT5
Odaine Ramon Mcmillan
4.58 (12)
Utilidades
50% Off Today Only! Price Goes Back Up at 11 PM (EST) Marketkeys Trade Manager EA for MT5: Your Pathway to Forex Trading Mastery What Traders Are Saying: "Much better than lots of other trade managers I've tested..." – R Vdr "Saves me time from manually calculating lots sizes and risks...amazing support." – Richard Obi Efficiency and precision are paramount in Forex trading. Marketkeys Trade Manager EA for MT5 offers just that - a seamless interface combined with robust risk management tools
RiskGuard Management
MONTORIO MICHELE
5 (14)
Utilidades
ATTENTION the expert does not work in strategy tester, for a trial version visit my profile. Manual RiskGuard Management   RiskGuard management was born with the idea of ​​helping traders from their initial journey to becoming expert and aware traders. Compatible with any operating system whether Mac or Windows. The operations panel is integrated into the graph giving the possibility to choose size and position between right and left, while the various buttons light up when they can be used,
Seconds Chart MT5
Boris Sedov
4.53 (15)
Utilidades
Seconds Chart — timeframes in seconds for MetaTrader 5. The utility allows you to create charts in the MetaTrader 5 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
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GRInvest Breakeven AutoSet EA
Greig Cameron Rennie
Utilidades
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 re
FREE
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