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Take a Break Indicator MT5

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Publié: 6 juillet 2020

Version actuelle: 3.20

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Take a Break Indicator MT5

Name: Take a Break Indicator MT5
Rating: 5 (3 reviews)
Author: Eric Emmrich

Indicateurs
Eric Emmrich
Version: 3.20
Mise à jour: 28 septembre 2024

Please check the "What's new" tab regularly for a complete and up-to-date list of all improvements + parameters.

FREE indicator for my trading utility Take a Break.

This indicator allows you to manage multiple other EAs with just one Take a Break EA instance.

Simply specify the corresponding Chart Group in the indicator(s) and Take a Break EA settings and you are good to go.

Setup examples (Indicator + EA)

As a prerequisite, add the URL https://trading.custom-solutions.it to the list of allowed WebRequest URLs (press CTRL+O, tab "Expert Advisors").

Basic/auto setup (1 TaB EA for managing all charts/EAs)

You want 1 Take a Break EA to manage all other charts/EAs, using the same filter settings for news, drawdown etc for all of them:

Add the indicator with default settings to all charts that should be managed by the Take a Break EA (those with the EAs to pause).
Add the Take a Break a Break EA with default settings to any M1 chart.

Advanced setup* (1 TaB EA for managing some charts/EAs only)

You want 1 Take a Break EA to manage only 2 other charts/EAs on EURUSD and GBPUSD, using specific filter settings for news, drawdown etc only for these 2 charts/EAs:

Add the indicator to the EURUSD chart, either with default settings or specify EURUSD explicitly as the Chart Group.
Add the indicator to the GBPUSD chart, either with default settings or specify GBPUSD explicitly as the Chart Group.
Add the Take a Break a Break EA to any M1 chart and specify EURUSD,GBPUSD in the parameter Which Chart Groups should be managed?.

That's it! Take a Break will now take care of your other EAs by applying the filter settings you defined.

* Note that only the paid version gives you full flexibility to set up multiple TaB EAs with different filter settings for different charts/EAs.

Parameters (excerpt)

Recreate default templates?: Only applicable to "Template type to create" = "Trade IS allowed". If you use the default, auto-created templates for "Trading is NOT allowed" and "Profit/Loss Limit reached" and want them to use the latest settings of the "Trade IS allowed" template (e.g. after you changed the "Label Color"), you can recreate these template types by enabling this option. Note that this will overwrite the existing ones for this Chart Group. Thus, this option should not be enabled if you use custom templates for "Trading is NOT allowed" and "Profit/Loss Limit reached".

General information

EA version 4.0 has been a major performance upgrade with an almost entirely rewritten code base. This upgrade allows Take a Break to handle even large-scale chart setups while consuming a minimum amount of CPU power. From this version onward, the frequency of the news + time filter checks is controlled by the chart timeframe. Due to this, Take a Break EA must be run on a chart with timeframe M1 so that these checks get executed every minute. Conveniently, the EA will change its timeframe automatically if it was not attached to an M1 chart right away.
From indicator version 1.30 onward, the chart templates for "Trading is NOT allowed" and "Profit/Loss Limit reached" are auto-created if they do not exist already. That should facilitate the setup process for most use cases of Take a Break. If you want to create custom chart templates (e.g. you want another EA to trade during news) or want to overwrite existing ones, do the following:

Setup a chart with all required EAs/indicators.
Attach the Take a Break indicator to this chart.
Specify the corresponding "Chart Group".
Select the "Template Type" you want to create/overwrite ("Trading IS allowed" / "Trading is NOT allowed" / "Profit/Loss Limit reached").

Feedback, improvements or enhancements are appreciated.

If you need any assistance, please contact me.

plus...

Apdullah96 2024.06.13 10:18 #

Very nice and helpfull guy. Thanks for youre help :)

562

Calogero Vella 2024.04.25 21:03 #

Super Unterstützung. Nur zu empfehlen. Und der Entwickler ist vollst bemüht zu helfen. Klasse 1

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Gusbo75 2024.01.05 18:30 #

It does exactlly what is says on the tin! Which is not only amazing but very rare. very effective and highly customizable. getting a good EA is not that hard but finding a good account protection is nearly impossible. I am so glad i found it! More rare and amazing is that Michael is Eric is THE most supportive author i have come across in the mql market so far. really made my day and my trading so much easier and stress free!

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IX Power apporte enfin la précision imbattable de FX Power aux symboles non-Forex. Il détermine avec précision l'intensité des tendances à court, moyen et long terme de vos indices, actions, matières premières, ETF et même crypto-monnaies préférés. Vous pouvez analyser tout ce que votre terminal a à offrir. Essayez-le et découvrez comment votre timing s'améliore considérablement lors de vos transactions. Caractéristiques principales d'IX Power Résultats de calcul précis à 100 %,

49 USD

** All Symbols x All Timeframes scan just by pressing scanner button ** *** Contact me to send you instruction and add you in "123 scanner group" for sharing or seeing experiences with other users. After 17 years of experience in the markets and programming, Winner indicator is ready. I would like to share with you! Introduction The 123 Pattern Scanner indicator with a special enhanced algorithm is a very repetitive common pattern finder with a high success rate . Interestingly, this Winner in

39 USD

L'indicateur de détection de tendance complétera n'importe quelle stratégie et peut également être utilisé comme un outil indépendant. IMPORTANT! Contactez-moi immédiatement après l'achat pour obtenir des instructions et un bonus ! Avantages Facile à utiliser; ne surcharge pas le graphique avec des informations inutiles. La possibilité d'utiliser comme filtre pour n'importe quelle stratégie. Contient des niveaux dynamiques de cupport et de resistange, qui peuvent être utilisés à la fois

99 USD

Step into the realm of Forex trading with confidence and precision using XQ, a cutting-edge Forex indicator designed to elevate your trading game to unprecedented heights. Whether you're a seasoned trader or just stepping into the world of currency exchange, XQ Forex Indicator empowers you with the insights and signals needed to make informed trading decisions. The signal conditions are a combination of three indicators, and XQ Forex Indicator only display medium and long-term trends . The ind

159 USD

Obtenez votre mise à jour quotidienne du marché avec des détails et des captures d'écran via notre Morning Briefing ici sur mql5 et sur Telegram ! FX Volume est le PREMIER et SEUL indicateur de volume qui fournit un VRAI aperçu du sentiment du marché du point de vue d'un courtier. Il fournit des informations impressionnantes sur la façon dont les acteurs institutionnels du marché, comme les courtiers, sont positionnés sur le marché des changes, bien plus rapidement que les rapports COT. Voir c

149 USD

Was: $249 Now: $99 Market Profile defines a number of day types that can help the trader to determine market behaviour. A key feature is the Value Area, representing the range of price action where 70% of trading took place. Understanding the Value Area can give traders valuable insight into market direction and establish the higher odds trade. It is an excellent addition to any system you may be using. Inspired by Jim Dalton’s book “Mind Over Markets”, this indicator is designed to suit the

99 USD

Gartley Hunter Multi - An indicator for searching for harmonic patterns simultaneously on dozens of trading instruments and on all possible timeframes. Manual (Be sure to read before purchasing) | Version for MT4 Advantages 1. Patterns: Gartley, Butterfly, Shark, Crab. Bat, Alternate Bat, Deep Crab, Cypher 2. Simultaneous search for patterns on dozens of trading instruments and on all possible timeframes 3. Search for patterns of all possible sizes. From the smallest to the largest 4. A

149 USD

Ce tableau de bord découvre et affiche les zones d'offre et de demande sur le graphique, à la fois en mode scalping et à long terme, en fonction de votre stratégie de trading pour les symboles sélectionnés. En outre, le mode scanner du tableau de bord vous permet de vérifier tous les symboles souhaités en un coup d'œil et de ne manquer aucune position appropriée / Version MT4 Indicateur gratuit: Basic Supply Demand Caractéristiques Permet de visualiser les opportunités de tr

99 USD

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

70 USD

Please check the " What's new " tab regularly for a complete and up-to-date list of all improvements + parameters. FREE indicator for my trading utility Take a Break . This indicator allows you to manage multiple other EAs with just one Take a Break EA instance. Simply specify the corresponding Chart Group in the indicator(s) and Take a Break EA settings and you are good to go. Setup examples (Indicator + EA) As a prerequisite, add the URL https://trading.custom-solutions.it to the list of

FREE

The most advanced news filter on MQL market NEW: Take a Break can be backtested against your account history! Check the " What's new " tab for details. This is the demo version of my Expert Advisor " Take a Break ". All EA operations are limited to 1 symbol and Chart Group "Default". Please check the " What's new " tab regularly for a complete and up-to-date list of all improvements + parameters. Take a Break has evolved from a once simple news filter to a full-fledged account protection tool. I

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Tax Buddy creates a simple, sortable trading report which you can send to your local tax authorities alongside your annual declaration. I've been using this kind of report for the German Finanzamt in order to declare my capital gains ("Kapitalerträge") in a readily comprehensible manner. For testing purposes, the Demo version places random trades in the Strategy Tester on the symbol of your choice and creates a demo report for them. Conveniently, all reports are stored in the common path for a

30 USD

FREE

30 USD

Filtrer:

Apdullah96 2024.06.13 10:18 #

Very nice and helpfull guy. Thanks for youre help :)

297

jotjot 2024.05.09 16:52 #

L'utilisateur n'a laissé aucun commentaire sur la note

562

Calogero Vella 2024.04.25 21:03 #

Super Unterstützung. Nur zu empfehlen. Und der Entwickler ist vollst bemüht zu helfen. Klasse 1

301

Gusbo75 2024.01.05 18:30 #

7535

Réponse du développeur Eric Emmrich 2024.01.05 18:39 #

Many thanks for taking the time for a review! Delighted to read about your positive experience with TaB :)

4107

Aleksandr Tamonin 2021.01.24 12:05 #

L'utilisateur n'a laissé aucun commentaire sur la note

Version 3.20 2024.09.28

This update revamps the internal work logic of the indicator and will be required for the next update of the Take a Break EA.

It also addresses file system issues on some Windows (server) versions which may lead to corrupted templates. If you experience such issues even after the update, select "Recreate default templates: true" in the indicator settings and/or choose a different chart group name.

As always, if you experience any issues after the update, please reach out to me.

Version 3.11 2024.08.28

Some improvements have been made behind the scenes for an even smoother interaction between the EA and the indicator, especially regarding the new auto setup mode.

Version 3.10 2024.08.27

This version contains important bug fixes for the auto setup mode.

Fixes:
- Auto setup mode: newly added chart symbols were not correctly retrieved right away, only after a terminal restart.
- Auto setup mode: algo trading got disabled when the indicator was placed on a chart with Chart Group "- auto -".

Improvements:
- Better visual indication for the chart mode: green info panel = trading is allowed, red info panel = trading is not allowed.
When the info panel is red, make sure that there is no EA on this chart. Otherwise it means that the EA will continue to trade, even during actual TaB pause time.

Version 3.0 2024.08.13

It's been a while since the last update. Here's what it features:

- TaB will now start up significantly faster due to some internal optimizations of the news download. If you want maximum performance and do not need the news lines on the charts, it is recommended to set the parameter "Draw News Lines on Chart = false" in both the indicator + EA.
- TaB now supports an auto setup mode! Just add the indicator with default settings to all charts that should be managed by TaB and you are good to go - TaB will then create all chart groups automatically, while maintaining full compatibility with any custom chart groups that may already exist.

I hope that this will make the setup process more straightforward for most users. Make sure to update the EA and indicator to the latest version to benefit from these improvements.

Version 2.12 2023.06.19

This release aims at resolving 2 bugs and improving the overall user experience.

Bug fixes:
- "Indicator is too slow" warning on some (low-spec) systems should finally be fixed. Please report if not.
- Infinite "Retrieving symbols to manage, please wait ..." loop should be fixed, too. If this message still appears for too long, please restart your MetaTrader terminal.

Improvements:
- Renamed parameter "Template type to create" to "Chart Mode" to better reflect its purpose.
- Added notes explaining the purpose of the "Recreate default templates" parameter.
- Added an info panel in the lower right chart corner with a comprehensive description of each chart mode.

Version 2.11 2023.02.21

Another small update following user feedback that improves the overall indicator performance.

Version 2.10 2023.02.21

Important update: stabilizes TaB's operation and addresses another issue with template creation that might lead to messed up templates.

Everyone who has had problems with TaB in the past should please update to this version.
Also be sure to update the EA to version 5.53 as soon as it's available.

Version 2.0 2023.02.20

Due to changes in MetaTrader's codebase, it has become possible that multiple TaB indicators can be added to the same chart. This then lead to messed up templates.

The indicator now makes sure that there is only one TaB indicator per chart. Some minor issues affecting initial template creation were fixed as well.

Version 1.90 2022.12.03

Reliability was improved so that messed up template overwrites should no longer happen.
Be sure to update!

Version 1.80 2021.10.11

I'm delighted to present you the most stable Take a Break version to date!

Following user feedback, I tweaked the EA and Indicator and tested the improvements for the past weeks 24/7 on a VPS with MT4 and MT5. Since then, I never got any errors like "Could not identify any symbols to manage." or broken template files anymore.

In order to make use of the stability improvements, please update the EA to version >= 5.20 and the Indicator to version >= 1.80.

I'd like to thank all users who contributed to this release and helped making Take a Break an even more stable trading utility.

Version 1.73 2021.09.18

Minor improvement: add a note about a short & simple Chart Group name to avoid problems.

Version 1.72 2021.01.25

Added parameters:
- "Draw News Lines on Chart": if set to "true" (default), displays the relevant news on each symbol's chart as well. Note that this option requires EA version >= 4.93.
- "Show Label": should you decide to "Draw News Lines on Chart", you may want to hide the label "Take a Break EA Settings" for a better overview.

Version 1.71 2021.01.18

Important bug fix release for all users that already updated to EA version 4.90 / Indicator version 1.70: templates created with these versions might not get loaded properly which caused Take a Break to stop its work entirely. This issue has now been fixed so I urge all users to update.

The good news is that no template data was lost. The bad news is that depending on your filter settings, not all of your charts might still be managed by Take a Break EA. So after the update, please check your chart setup(s) and make sure that all relevant charts still contain the Take a Break indicator. If it is missing, please add the indicator to the chart again - either manually or by applying the corresponding template: right-click on the chart, select "Templates -> Load Template", navigate to "MQL4\Files" (MT4) / "MQL5\Files" (MT5) and select the template to apply.

I apologize for any inconvenience caused!

Version 1.70 2021.01.16

New Year, New Updates - Happy New Year to all of you!

This version introduces a new template management mode for Take a Break which facilitates working with the created template files. Please restart your MetaTrader terminal after this update to take full advantage of it. On startup, your current template files will be migrated conveniently.

Also, you may want to clean up the old template files afterwards (as this cannot be done automatically due to file security restrictions in MetaTrader):

- right-click on a chart, select "Templates -> Remove Template" and remove all TaB* prefixed templates OR
- delete all TaB* prefixed files in "[TERMINAL_DATA_FOLDER]\Profiles\Templates\" (MT5) / "[TERMINAL_DATA_FOLDER]\templates\" (MT4) and restart your terminal again

Other improvements:
- Fixed a bug which caused the chart template type not to be recognized correctly. That mainly happened if another order management EA was used that interfered with Take a Break's work.
- Removed parameter "Save template file?". Template files are always saved now.

Version 1.60 2020.12.19

Added parameters:
- "Recreate default templates": if set to "true", the default chart templates for "Trading is NOT allowed" and "Profit/Loss Limit reached" are recreated/overwritten forcibly even if they exist already.

Version 1.50 2020.11.24

Improved handling of Global Variables.

Version 1.40 2020.10.02

Preparation for upcoming new major version 4.0 of the Take a Break EA. Make sure to update!

Version 1.30 2020.09.28

Setup made easy: Template Types for "Trading is NOT allowed" and "Profit/Loss Limit reached" are now auto-created if they do not exist already.

This should facilitate the setup process for most use cases of Take a Break. Of course, you can still overwrite these templates if you wish to create custom ones.

Next up is an update of the EA which fixes its high CPU usage on setups with many charts. This update will be released within the next few days.

Version 1.20 2020.08.26

- Improved indicator performance.
- Fixed a bug which caused freezing/unresponsive terminals after applying the indicator to a chart. This issue affected EAs with Graphical interfaces.

Version 1.10 2020.08.23

Added new parameter "Save template file": if set to "true" (default), the template file for the desired Chart Group will be saved and (re)created automatically every time the indicator is added to a chart. Thus, any changed EA settings will automatically be updated in the corresponding template as well.

If set to "false", no template file will be saved or created. In this case, you need to keep your template updated manually. The indicator will only act as an identifier for the EA then.