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PnL Manager EA

Contact us for any custom order, CodeYourTrade.com.

Profit and Loss Manager EA is to close the running or pending trades when reached to a specified profit or loss. EA works fully on virtual mode i.e. no hard Stop Loss or Take profit set.

You can run the EA in any of the 3 modes:

1.    Per Trade: In this mode, actions are applied to all the trades separately. Rules are applied on a single trade separated, it’s profits/loss not combined with any other trades.

2.    Per Pair: In this mode, actions are applied to the sum of the trades in a single currency pair.

3.    Whole Account: In this mode, actions are applied to the combined results of all the trades in all currency pair.

Refer this link for more detailed explanation of EA Settings:

https://www.mql5.com/en/blogs/post/734746

After you attached the EA to a chart it will show the following information on the chart:

  1. Running Mode of the EA
  2. Conditions for the EA
  3. Actions to be performed.

We recommend using EA in demo account first to understand all the functionality.

EA Settings:

Conditions

  • Run Mode: It tells the running mode of the EA
    • Per Trade: In this mode, conditions applied to all the trades separately
    • Per Pair: In this mode, conditions applied to the combination of trades per pair
    • Whole Account: In this mode, conditions are applied to the combination of the all the trades running. When Current Chart Only is enabled, it works only on the Current chart and ignores all other pairs
  • Current Chart Only: If true, EA applied only on the attached chart pair
  • Combine Buy & Sell: If true, it will combine BUY and SELL trades for calculation
  • Profit Book Type:
    • Points: In this option profit/loss is calculated only in points
    • Currency: In this option profit/loss is calculated only in account currency
    • Both: In this option profit/loss is calculated by both the ways points and account currency
  • Profit Points: It shows the profit in points
  • Loss Points: It shows the loss in points
  • Profit Currency: It shows the profit in account currency
  • Loss Currency: It shows the loss in account currency
  • Ignore Loss Points/Currency: If true, it will set the profit in Points/Currency not loss
  • Profit Calculation Method: It tell which method is used to calculate points
    • Average: It uses weighted average mean for points calculation
    • Sum: It uses summation for points calculation

Actions

  • Close Open Trades: If true, close open trades
  • Close Pending Order: If true, close pending orders


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    Utilitaires
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    Investing Technical Analysis Ind
    HITESH ARORA
    Indicateurs
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    Timed Close EA
    HITESH ARORA
    Utilitaires
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    HITESH ARORA
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    Channel Breakout Ind
    HITESH ARORA
    Indicateurs
    Contact us for any custom order,   CodeYourTrade.com . Channel Breakout indicator shows the channels based on the number of bars. It is used to trades the breakouts or reversals. Breakout is quite efficient, since it tries making profit when the market crashes!! You can also invent your own technique out of it. After you attach the indicator to a chart it will show the following information on the chart: 1.     Channel 1 and channel 2 information 2.     Alert and email information   You can hid
    Candle Close Time Ind
    HITESH ARORA
    Indicateurs
    Contact us for any custom order,   CodeYourTrade.com . Candle Close Time indicator is used to track the time remaining or passed on a current candle at any point of time. To get notified set the time in format DD:HH:MM:SS. For example : EnableNotify = true & (Day Left : Hour Left : Minute Left : Second Left) = 00:02:20:20. Let’s say remaining time to close candle is 00:03:23:21 (DD:HH:MM:SS). Now, when the time remaining reaches below 00:02:20:20, it shows an Alert box. You can hide all the in
    Continuous Bars Ind
    HITESH ARORA
    Indicateurs
    Continuous Bars indicator is used to track the continuous bars closed in one direction. For example : Continuous Bars = 3 (we are looking for 3 continuous bars) Now, if (Open > Close) or (Close > Open) for 3 continuous bars it is notified via email or alert. You can hide all the information displayed in the chart by setting  false  to  Show On Chart . Indicator Settings: Main Setting Bars : Number of continuous bars we are looking Price Setting Use M1 Timeframe: Look for continuous bars in M1 ti
    Currency Sessions Highlight Ind
    HITESH ARORA
    Indicateurs
    Contact us for any custom order,   CodeYourTrade.com . Currency Sessions Highlight indicator is used to highlight the sessions. The maximum number of sessions visible at a time is 3. A user has to input the input the start and end time of the session in the format HH:MM. You can hide all the information displayed in the chart by setting  false  to  Show On Chart . Indicator Settings: Main Setting Show Session 1 : Draw Session 1 on chart or not Session 1 Start : Start time of the session 1 Sess
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    HITESH ARORA
    Indicateurs
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    HITESH ARORA
    Indicateurs
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    Multiple MA Ind
    HITESH ARORA
    Indicateurs
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    HITESH ARORA
    Indicateurs
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    HITESH ARORA
    Indicateurs
    Contact us for any custom order,   CodeYourTrade.com . The Stochastic RSI indicator is essentially an indicator of an indicator. It is used in technical analysis to provide a stochastic calculation to the RSI indicator. This means that it is a measure of RSI relative to its own high/low range over a user-defined period of time. This indicator is primarily used for identifying overbought and oversold conditions. You can hide all the information displayed in the chart by setting  false  to  Sho
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    HITESH ARORA
    Indicateurs
    Spread & Swap Indicator is used to check the spread and swap for the current pair. You can hide all the information displayed in the chart by setting  false  to  Show On Chart . Indicator Settings: Main Setting Display Spread : Shows the spread of the current pair. Display Swap (per lot) : Show the swap charges per lot for the current pair. Display Setting Display : Shows the indicator information on chart Location : Location of the display window Top-Left : Display all the details in top-left p
    Technical Analysis Ind
    HITESH ARORA
    Indicateurs
    With the Technical Analysis indicator, you can find the trading signals using the combination of different technical indicators. It supports the following technical indicators: 1.     RSI 2.     Stochastic 3.     Stochastic RSI 4.     MACD 5.     ADX 6.     CCI 7.     ATR 8.     Ultimate Oscillator 9.     ROC 10.   Bull/Bear Power After you attached the indicator to a chart it will show the following information on the chart: 1.     Technical indicators, their values and the signal generated fro
    Technical Indicator MTF
    HITESH ARORA
    Indicateurs
    Contact us for any custom order,   CodeYourTrade.com . With the Technical Indicator Multi-Timeframe, you can easily identify the oversold/overbought levels or buy/sell levels points on several different timeframes by using only one chart. You can confirm Short Term trades by higher timeframe Levels. It supports 4 technical indicators as of now Stochastic, RSI, Parabolic SAR & Heiken Ashi. After you attached the indicator to a chart it will show the following information on the chart: Timeframe
    Trade Notifier Ind
    HITESH ARORA
    Indicateurs
    Contact us for any custom order,   CodeYourTrade.com . Trade Notifier indicator is used to notify opening or closing of the trades via email or alert. It can also send regular trade updates via email. After you attached the Indicator to a chart, it will show the following information on the chart: 1.     Alert information 2.     Email information 3.     Details to include in email body You can hide all the information displayed in the chart by setting  false  to  Display . Indicator Settings A
    Trend Direction Ind
    HITESH ARORA
    Indicateurs
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    Martingale Expert Advisor
    HITESH ARORA
    Experts
    Contact us for any custom order,   CodeYourTrade.com . Martingale EA is a multicurrency Expert Advisor using martingale or grid technique to trade the market. Trading strategy: Manual Entry + Automated Trade Management Manual Entry : User can input the starting trade type in the EA based on their analysis. The EA has no intelligence of its own to decide the entry trade type. Intelligence can be added in the EA upon request. Automated Trade Management : It manages the trade using martingale or gr
    Partial Close Expert Advisor
    HITESH ARORA
    Utilitaires
    Contact us for any custom order,   CodeYourTrade.com . Partial Close EA is used to partially close running trades. EA has an option to filter out the trades and works only on specific trades. Following are the filters for the EA: 1.     Magic Number: Have an option to works on all orders with the given magic number 2.     Order Number: Can work specifically on the single order with the given order number 3.     Chart: Can work for all the trades of the current attached chart Example : Let’s sa
    Brent Wti Spread Ind
    HITESH ARORA
    Indicateurs
    Contact us for any custom order,   CodeYourTrade.com . Brent Wti spread indicator shows the difference of Brent and Wti value. Trading Strategy: Identify the range of spread movement. To buy the difference execute these 2 trades “Buy BRENT and Sell WTI” To sell the difference execute these 2 trades “Sell WTI and Buy BRENT”   Indicator Settings: Main Setting Indicator Maximum : Maximum level to show in indicator Indicator Minimum : Minimum level to show in indicator Brent Symbol Name : Symbol n
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