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DoubleExit

5

DoubleExit is an Expert Adviser designed for scalpers that will place automatically the stop loss and take profit for every new trade that you open and is without specified exit levels.

Also DoubleExit adds a partial exit level at a fixed (by the user) amount of pips. The user can define also the amount of the original trade (in a percentage) to be closed at the time of the partial exit level is reached. The exit level (represented on the chart with an orange dash-dot-dot line) can be changed easily just by dragging a line on the chart.

As well the DoubleExit Expert adviser can change the stop loss level of the remaining lots in the trade, to break even, at the time the partial exit is executed.


The settings for this expert are:

  • Pips To Stop Loss: Set the amount of pips distance from the entry price to place the stop loss of every order (default is 15)
  • Pips To Take Profit: Set the amount of pips distance from the entry price to place the take profit of every order (default is 30)
  • Pips To 1st Exit: Set the amount of pips distance from the entry price to establish the point where the indicator will command to the broker the partial close of your order
  • Amount % to take at 1st Exit: Set the percentage of your original order to be closed when the 1st Exit Level be reached.
  • Move stop loss to Break Even at 1st exit: Set as true (default) to move to break even the stop loss, when the first exit level be reached. When this be set as false, it will disable the Break Even feature.

Notice that the partial exit requires you to have the expert working and your terminal linked to your broker in order to send the instruction for the partial close of the original trade.

Add only one Expert for each symbol you are trading on the chart where you take your entry/exit decisions.

Please watch the Demo video to better understand how DoubleExit works.

Recensioni 1
danielC
46
danielC 2015.06.21 11:47 
 

Expert fundamental para scalpers u operativa de NEWS. Configurable de manera rápida y sencilla. Soporte por parte del autor MUY profesional. ¡Genial elección!

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IN MODALITÀ TEST (nel tester), la funzionalità del pannello NON È ATTIVA. Abbiamo fornito solo una rappresentazione visiva del pannello stesso. Uno strumento in grado di calcolare istantaneamente la dimensione o il rischio della posizione in base a un determinato livello di stop loss è fondamentale sia per i trader professionisti che per i principianti. L'utilità di trading TRADE PRO fornisce calcoli rapidi e accurati, aiutandoti a prendere decisioni in condizioni di tempo limitato e maggiore
EA Hedger
Sergej Chukhista
4.67 (3)
Utilità
EA Hedger   è un'utilità di trading professionale con molte impostazioni che ti consente di gestire i rischi utilizzando la copertura. La copertura è una tecnica di trading che prevede l'apertura di posizioni opposte a quelle già aperte. Con l'aiuto della copertura, la posizione può essere completamente o parzialmente bloccata (bloccata). Perché è redditizio acquistare questo prodotto: Affidabilità   : il consulente è accuratamente controllato e testato Utilità -il consulente esperto viene ut
Discord To MT4 Receiver
Levi Dane Benjamin
Utilità
Copia i segnali da qualsiasi canale di cui sei membro (   senza la necessità di un Token Bot o Permessi di Amministratore  direttamente nel tuo MT4. È stato progettato con l'utente in mente offrendo molte delle funzionalità di cui hai bisogno Questo prodotto è presentato in un'interfaccia grafica facile da usare e visivamente attraente. Personalizza le tue impostazioni e inizia ad utilizzare il prodotto in pochi minuti! Guida Utente + Demo  | Versione MT5 | Versione Telegram Se desideri prova
Take a Break
Eric Emmrich
5 (26)
Utilità
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
Ultimate Trade Manager plus Mobile by RunwiseFX
Runwise Limited
5 (3)
Utilità
Comprehensive on chart trade panel with the unique ability to be controllable from mobile as well. Plus has a library of downloadable configuration, e.g. exit rules, extra panel buttons, pending order setup and more. Please see our product video. Works with all symbols not just currency pairs. Features On chart panel plus controllable from free app for Windows, iPhone and Android Built-in script engine with library of downloadable configuration, e.g. add 'Close All Trades in Profit' button, exit
Equity Protection EA
CARLOS ALBERTO VALLOGGIA
5 (3)
Utilità
Equity Protection EA MT4 General Features: Full control over the results of a trading session.- Controls the overall result, for all forex symbols, indices, metals, stocks, etc. Control is done over the global equity.- Close all trades, on all symbols, when reaching a profit or loss rate.- Changeable configurations in both amount and percentages.- Protection of results by trailing stop global.- Record of results achieved for the session (greater equity and lower equity).- All calculations a
Price Action Toolkit
LEE SAMSON
4.6 (5)
Utilità
Il toolkit di azione sui prezzi EA è progettato principalmente per scalper, ma può essere utilizzato in tutti i periodi di tempo per entrare rapidamente nel mercato con il dimensionamento del lotto calcolato correttamente in base al livello di stop. ordini) e quindi regola gli stop e i take profit man mano che il mercato si muove. Per un elenco completo di tutte le funzionalità, le impostazioni e la strategia di best practice da utilizzare, fare clic qui: https://www.mql5.com/en/blogs/post/74
AITrade Robot
Yonggang Shang
Utilità
This is an automated auxiliary trading system, it include risk management, open orders, batch change stop loss and limit price, batch close orders, and it show daily fluctuation, open lots, and realtime profit, so if you want to control your tarding habits, it's the right trading system for you. Risk management ： Maximum opening volume setting Maximum opening margin setting Stop Loss, Limit Price setting Panel include three areas： First Area: Daily Volatility Percentage Realtime Spread Second Ar
Altri dall’autore
Elliott Wave Tool Lite
Sergio D. Rocha
5 (2)
Utilità
This is a reduced version, demo if you like, of the published Elliott Wave Tool 7Pasos . The limitations for this tool vs Elliott Wave Tool 7pasos are the following: Only one account possible, the original tool has 1 principal and 4 alternative accounts. Only one degree (Primary) is available, in the original tool 12 different degrees (6 in micro) are at your disposition. As only one degree is available, the functions to upgrade and downgrade the degree of the selected wave are disabled. Fixed c
FREE
Dollar Index
Sergio D. Rocha
4.5 (4)
Indicatori
This indicator calculates directly the value of the dollar index by using the ICE formula to plot the chart, this can help you as reference. You do not need your broker to provide the ICE DX to use this indicator, is a way to have it calculated. Little discrepancies could be found in the exact value of the candles or time due closing time of the trading floor and the use of decimals, but generally will give you good reference.  You need your broker offers the feed for the following pairs in orde
FREE
Fibo Pro
Sergio D. Rocha
4.33 (3)
Utilità
When you combine short term fibos with the long term, your chart get missed up with a lot of lines that hardly make sense at first view. The best way to improve the clearness and there for the easiness to read your chart is by deleting the fibo levels that you no longer need, for example those levels that the price proved didn’t work as support or resistance. With Fibo Pro, you can activate or deactivate from a set of fibo levels pre-settled by you, without miss with the default fibo configurati
Moon Phase
Sergio D. Rocha
5 (1)
Indicatori
Gann and other analyst had found a curious correlations between moon phases and change in trends, this is an excellent indicator to test those relation and use what you find useful. It's very simplistic, can calculate the moon phases using the average moon cycle duration of 29 days 12 hours 44 minutes since the 1970 first full moon registered at January 22nd. You can also place a known full moon's date, to start the count since the daily opening of that date. In its window will plot a vertical l
DollarAndEuroIndex
Sergio D. Rocha
4.67 (3)
Indicatori
This is an extension of the previous published DollarIndex with the addition of the function for calculating EURO Index under ICE Formula. Note that the broker should provide the following data: For Dollar Index formula, EURUSD, USDJPY, GBPUSD, USDCAD, USDSEK and USDCHF are needed. For Euro Index formula, EURUSD, EURGBP, EURSEK and EURCHF are needed. Now in this version if the SEK (the most uncommon) is not provided, the formula still works, since it adds 0.0001 to its value, but the index will
FREE
ManualBackTest
Sergio D. Rocha
Utilità
This is a technical indicator that put on strategy tester the buttons of the expert adviser "Control adora". Usually when applied the controladora to the strategy tester, the buttons do not appear and therefore its functions (like directly buy, sell, close orders or place stop loss indicator) can't be used. But now you can if have the Manual Backtest indicator. If you don't have Control adora, you can get it from here . This indicator get on the chart the buttons that can be of use in strategy t
FREE
Trailing Even for Controladora
Sergio D. Rocha
Utilità
Trailing Even is a free complement for the Control adora Expert Adviser. It adds a trailing stop function and changes the exit level that works as stop loss if some price is reached, let's review how to make it work: First of all make sure you have the same language selected both in the Control adora Expert and in this indicator.  Change of the exit level that works as stop loss with "BES" and "BEO": This function needs 2 arrows to work: 1 named BES (stands for Break Even Start) place it at the
FREE
AllHere for Controladora
Sergio D. Rocha
Utilità
AllHere is a plug-in for Control-adora that works as information panel. Its main function is to show you all the Control-adora elements placed in the chart, like the Control-adora's orders or the exit lines. On the lower left corner, AllHere shows a collection of buttons classified by color (you can set them in the indicator's properties) for several elements used in Control-adora system: Stop loss indications (stop loss Arrows) Exit lines Above (Above trend lines) Exit lines Below (Below trend
FREE
Delete All
Sergio D. Rocha
Utilità
This is a very silly script but perhaps you find it useful. It deletes all objects from the chart. I recommend setting a hot key to call it just by pressing a couple of keys on your keyboard.  To avoid accidental deletion of object, the script will ask you to confirm the action as you won't be available to restore them with "undo" (Ctrl+Z).
FREE
LevelsGrid
Sergio D. Rocha
Utilità
This is a simple script that places a defined number of lines above and below a given price.  The script lets you set the number of lines, the separation in pips and the color.   Instructions: Drop the script on a chart to draw the level lines  If the last parameter is set to false, the script will delete the lines previously placed by it.  Parameters:  English? Turn it yes to use English language, false will turn language to Spanish  Separation Set the pips distance among lines  From Price
FREE
SundayCandle
Sergio D. Rocha
Utilità
This is a very simple indicator that mixes the Sunday session with the Monday one. This is useful because the Sunday session is a partial session mostly with only Australian and Asian sessions included, so the analysis of the Monday's daily session if mixed with Sunday tends to be more comprehensive. This indicator plots a candle with the following values: Open - the Friday's Close or Sunday's Open (depending on your choice). High - the highest High of Sunday and Monday. Low - the lowest Low of
FREE
ZeroEntryOrder Plug in
Sergio D. Rocha
4 (1)
Utilità
This is a technical indicator that works as a plug-in for "Control adora" - the Expert Advisor that helps you to calculate, place and control positions on the chart. When run on a chart with Control adora EA, this plug-in allows setting entry levels that send orders at contact, while you have StopCloseOnly (OCO in Comments) = 1 settled in Control adora (meaning that without this, the indicator will send the order only when the price Close crosses the arrow level). This indicator only works if yo
FREE
TradeALot for Controladora
Sergio D. Rocha
Utilità
"TradeALot" is a plug-in for the Expert Advisor Control-adora . It allow you to place programmed orders without the need to write the name of the order in the Arrow (like bs, ss, bl, sl, sl1, sl2, etc). Just drag and drop the button for "Programmed Buys" or "Programmed Sells" over the candles-zone at the place where you want to program the order and TradeALot will compare the bid price with the position where you dropped the button and will decide if the order need to be "Stop" or "Limit". With
FREE
RepliTrades Source
Sergio D. Rocha
Utilità
This is a system consistent of 2 components: RepliTrades Source: It sends the trades to one or more terminals into the same Computer RepliTrades Trader: It trades the orders sent by RepliTrades Source  Please watch the video to learn how it works and use it. Features: Manage up to 300 trades at same time in each terminal Work with any broker, no matter if uses suffix or prefix in symbols names Replicate pending orders (limits or stops orders) or direct trades (market orders, etc) and its modif
FREE
CorExTi format lines in a click
Sergio D. Rocha
Utilità
CorExTi is a tool that will save you literally hours in your daily routine to draw lines and other graphic elements in your charts.   With a temporary panel discreetly displayed on your screen at the touch of a graphic element as trendline:  Changes the object between 4 favorite line styles (with color, line thickness and style)  Cuts trendlines, when are extended, just at the point where you touch them Extends trendlines (active property of Ray) which are not extended  Or deactivates visualizat
RotaGrafico
Sergio D. Rocha
Utilità
The best way to monitor multiple pairs within little workspace. RotaGrafico sequentially displays up to 6 different pairs. It has buttons to set a pair more time for observation. Normal exposure time adjustable. Broad exposure time adjustable. Combine in a profile, Rotagrafico and use the rest of your workspace to the pair that you want to analyze in detail.
Object Copier
Sergio D. Rocha
5 (2)
Utilità
Did you have to start again the very same analysis because the original one, from where you want to modify, just have so much information that no longer fits? Have you ever wanted to change some in one of your charts and make this new line, Fibo or channel automatically appear in some or the rest of your set of charts? Object Copier is the solution to replicate any object into one or several charts at your desire. No matter if you changed an object, or made it from the scratch. With Object Copie
Control adora
Sergio D. Rocha
4.2 (5)
Utilità
Controladora means in Spanish controller, this is a simple yet powerful Expert Advisor that allows you to control your trading easily and precisely. Do you want to stop your trade when the price cross a trend line? Don't worry, Controladora can do it. Do you want to take profit when the price reaches the top of a channel? Controladora can do it as well. Calculating the exact proportion of your account by opening a trade, which size represents in case of loss a percentage of your balance, is time
FHDrawer
Sergio D. Rocha
4 (1)
Utilità
Free Hand Drawer is a small app that runs as technical indicator and the only thing that does is that it draws continuous line. To activate it, after adding the indicator to the chart just press the D on your keyboard and click where you want to start drawing. Then every click you make on your chart will be the next nod in your drawing. Use it to draft Elliott waves, or to illustrate ideas on your chart. If you like to draw manually your Gann line you’ll find it handy as well. Each time you want
BreakEven
Sergio D. Rocha
Utilità
BreakEven shows the location of the average price level of the orders in the symbol, to which the indicator is attached. This information allows you to find the break-even. The indicator is helpful if you manage several positions, since it allows you to evaluate the performance of your open trades in a glance. If you trade a single order, it allows you to evaluate the effect of your stop loss and the profit or loss during the time your trade is open. Apart from drawing a break-even level line (w
Gann Line
Sergio D. Rocha
Indicatori
Gann Line indicator is usually used in combination with other Gann’s techniques, some say this is a key point in its success. The Gann line is interpreted as trend indicator, a series of higher highs and higher lows in it's trend are considered bullish, and a series of lower lows and lower highs are bearish. As with other technical indicators, for better results Gann Line should be used in combination with other technical concepts as Gann Fan, fibo, swings, supports and resistance, etc. When rev
RepliTrades Trader
Sergio D. Rocha
2.5 (2)
Utilità
This is a system consistent of 2 components: RepliTrades Source: It sends the trades to one or more terminals into the same Computer RepliTrades Trader: It trades the orders sent by RepliTrades Source   Please watch the video to learn how it works and use it. Features: Manage up to 300 trades at same time in each terminal. Work with any broker, no matter if uses suffix or prefix in symbols names. Replicate pending orders (limits or stops orders) or direct trades (market orders, etc) and its mo
Scalp Reference
Sergio D. Rocha
Utilità
The indicator that helps you by plotting a reference to easily determine if a scalping trade (or intraday trade) has chances to work out in your favor. One of the most common issues intraday traders have is the lost of reference to know if a movement is big or small due to the scaling of the chart. With this indicator, you have 3 visual aids on your chart that will help you: "Screener" : Please set the normal stop loss size that you usually apply in your strategy. This will plot a rectangle afte
Pointer Sync
Sergio D. Rocha
3.75 (4)
Utilità
This indicator plots a crosshair pointer in all charts of the terminal in the position relative to the active chart. To activate the Pointer Sync, just press the "+" button that will appear in one of the 4 corners of the chart where the indicator is added. To deactivate the Pointer Sync, just press the "+" button again. Once Pointer Sync is deactivated, the cross lines will disappear in all charts as well. You can adjust the color of the pointers and the button, the corner where the button appea
Boundaries
Sergio D. Rocha
Indicatori
This indicator plots a line that shows the high and low of a higher time frame than the one where you have actually in your chart. For example if you want to see the high and low of the day while you are in 1hour chart, set Boundaries to Daily. Boundaries have predefined Monthly, Weekly, Daily and Hourly time frames, but if you want to use a different timeframe, just choose the option Other_TF and write on the next field the minutes for your desired timeframe. As MT4 only works beyond M1 with 5,
Boundaries Weekly
Sergio D. Rocha
Indicatori
This indicator works exactly the same as the Boundaries indicator, but here as a free demo that only shows the high and low of the week. As the Boundaries indicator does, this indicator can work with any symbol. In the Colors tab you can set the color for the Upper and Lower boundaries. Please review the pics or watch the Boundaries indicator video to better understand how it works.
AntiCursing
Sergio D. Rocha
Utilità
Having a trade about to reach its take profit and suddenly see that it turns around to go strait ahead to your Stop Loss is one of the few things that makes me curse (a lot). This is why I created AntiCurse. Just add this Expert Advisor to an empty chart, set a "Trigger" and "Lock" in its properties and you'll have one less reason to curse! AntiCursing Settings: "Trigger" is set in percentage terms, it is the distance between the entry price and the Take Profit that needs to be covered in orde
PerfectLine
Sergio D. Rocha
5 (2)
Utilità
When drawing a trend line or other objects, there is a natural deviation when you place the object from a higher time frame, and then go to watch it in a lower time frame. PerfectLine is a technical indicator that solves this problem. Once you touch a line after drawing it, Perfect Line will find the exact spot in the lower time frame available for it's position and then rectifies where it should be. Perfect Line uses a five pixels pre-established tolerance, if a difference between the line's no
PolarizedFractalEfficiency
Sergio D. Rocha
Indicatori
The Polarized Fractal Efficiency (PFE) was introduced by Hans Hannula in 1994. The indicator was intended to quantify the efficiency of price movement and  how trendy or choppy  the recent past price action has been. This is calculated by contrasting the price traveled in the window of study  against the total accumulation of movements during the same period of time. For example: If in 10 days, an active raised from 50 to 100, by increasing it's value 5 points or dollars each session, the effici
CrossAlert
Sergio D. Rocha
Indicatori
Cross Alert is an all-in-one solution for oscillators' cross over and under. Cross Alert manages the levels for the cross under and cross over separately. Thanks to this you can use it to signal zero cross over (by fixing both levels, above to below, and below to above as zero) or over-bought and over-sold levels (like 70 and 30) as well.  With CrossAlert you can also avoid alerts from one kind of crosses (overs or unders), for example if you are in an uptrend perhaps you do not want to have ale
Filtro:
danielC
46
danielC 2015.06.21 11:47 
 

Expert fundamental para scalpers u operativa de NEWS. Configurable de manera rápida y sencilla. Soporte por parte del autor MUY profesional. ¡Genial elección!

Rispondi alla recensione
Versione 1.61 2021.11.22
Recompiled with latest MT4 build, requested by mql5.com
Versione 1.60 2015.08.28
Added field to give the user the opportunity to define his own tolerated slippage level when sending the partial close orders.
Versione 1.50 2015.06.23
Adds the option to use 0 as stop loss (meaning do not place an stop loss) and/or 0 to take profit (meaning do not place a take profit) and/or 0 to Pips to 1st Exit (meaning do not place 1st exit level).
Also modify the way it alerts about indivisible orders in the experts log, now posting one message per minute instead of each move of price.