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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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Leolouiski Gan
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Utilidades
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Igor Zizek
4.97 (36)
Utilidades
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MONTORIO MICHELE
5 (13)
Utilidades
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4.56 (63)
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 ejecutar operaciones con un solo clic directamente desde el gráfico y realizar operaciones comerciales 30 veces más rápido que con el control estándar de MetaTrader. Los cálculos automáticos de parámetros y funciones hacen que las operaciones sean más rápidas y cómodas para los operadores. Consejos gráficos, etiquetas informativas e in
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Vyacheslav Izvarin
5 (2)
Utilidades
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Utilidades
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
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5 (2)
Utilidades
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Utilidades
Resumen Utiliza el Panel de Estadísticas para seguir, analizar y mejorar tu rendimiento en el trading. Visualiza una selección de estadísticas clave en varios periodos, incluyendo diario, semanal, mensual y personalizado. Identifica fácilmente tus instrumentos con mejor y peor desempeño usando el gráfico interactivo de líneas. El EA no se ejecuta en el probador de estrategias. Contáctanos para una prueba gratuita. Estadísticas Mostradas: Beneficio - % de Beneficio y Total Neto $ Operaciones - T
Easy Strategy Builder 5
Gheis Mohammadi
5 (4)
Utilidades
The  Easy Strategy Builder (ESB)  is a " Do It Yourself " solution that allows you to create a wide range of the automated trading strategies without any line of codes. This is the world’s easiest method to automate your strategies that can be used in STP, ECN and FIFO brokers. No drag and drop is needed. Just by set conditions of your trading strategy and change settings on desired values and let it work in your account. ESB has hundreds of modules to define unlimited possibilities of strategi
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
Unlimited Trade Copier Pro MT5
Vu Trung Kien
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Utilidades
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MDevaus Oy
5 (14)
Utilidades
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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
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