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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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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
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Haidar, Lionel Haj Ali
5 (18)
Utilitaires
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Georg Vahi
5 (1)
Utilitaires
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
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Lukas Roth
5 (4)
Utilitaires
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Anna Kolchina
5 (1)
Utilitaires
« Trade Sync » — Really fast copying and precise synchronization of trades. Simple installation and configuration of the application within 5 seconds allows you to copy trades between different MetaTrader terminals installed on one Windows PC or Windows VPS at maximum speed. «Trade Sync» contains a large number of options for customizing the application to your specific needs and allows you to cope with even complex user tasks. Separate use: Trade Sync MT4 - allows you to copy (Мt4 > Мt4), Trade
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MONTORIO MICHELE
5 (14)
Utilitaires
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,
Price Action Trade Panel EA MT5
Juvenille Emperor Limited
5 (4)
Utilitaires
Price Action Trade Panel MT5   calcule l'équilibre du niveau de force d'achat/vente de n'importe quel symbole/instrument, sur la base des données d'action de prix pures des bougies passées spécifiées. Cela vous donnera le sentiment de marché le plus proche possible en surveillant l'action des prix de 32 symboles/instruments disponibles sur le panneau de l'indicateur. Un niveau de force d'achat/vente supérieur à 60% donne un niveau assez solide pour acheter/vendre le symbole spécifique (en utili
CAP Strategy Builder EA MT5
MEETALGO LLC
4.33 (36)
Utilitaires
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
MT5 To Telegram Copier
Levi Dane Benjamin
5 (1)
Utilitaires
Envoyez des signaux entièrement personnalisables de MT5 à Telegram et devenez un fournisseur de signaux ! Ce produit est présenté dans une interface graphique conviviale et visuellement attrayante. Personnalisez vos paramètres et commencez à utiliser le produit en quelques minutes seulement ! Guide de l'utilisateur + Démo  | Version MT4  | Version Discord Si vous souhaitez essayer une démo, veuillez consulter le Guide de l'utilisateur. L'émetteur de MT5 vers Telegram NE fonctionne PAS dans le
OrderManager MT5
Lukas Roth
4.88 (16)
Utilitaires
Présentation du   OrderManager   : Un utilitaire révolutionnaire pour MT5 Gérez vos transactions comme un pro avec le tout nouveau utilitaire Order Manager pour MetaTrader 5. Conçu avec simplicité et facilité d'utilisation à l'esprit, l'Order Manager vous permet de définir et de visualiser sans effort le risque associé à chaque transaction, vous permettant de prendre des décisions éclairées et d'optimiser votre stratégie de trading. Pour plus d'informations sur l'OrderManager, veuillez vous réfé
Profit or Loss Pad
Vladislav Andruschenko
4.5 (10)
Utilitaires
Clôture des positions dans MetaTrader 5 après avoir atteint le bénéfice/perte total avec la fonction de suivi des bénéfices.   FermerIfProfitorLoss with Trailing Vous pouvez activer les   arrêts virtuels (ordre séparé)   , calcul et clôture des positions   ACHAT et VENTE séparément (ACHETER VENTE séparé)   , fermeture et calcul de   tous les symboles ou du symbole courant uniquement (Tous les symboles)   , activer le suivi pour le profit (   Trailing   Profit) Les positions sont fermées sur la
Trade Manager EA for MT5
Odaine Ramon Mcmillan
4.58 (12)
Utilitaires
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
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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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