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Break Even and Trailing Stop EA

This is a dual function EA. It offers both trailing stop and break even(BE) or breakeven-plus(BE+) functions. This EA sets BE/BE+ and Trailing stops for both manually and auto-opened trades. To use only the BE/BE+ function of the EA, type in the number 3, under BlockID in inputs, when initializing the EA. To use only trailing stop, type in 2.

Trailing stop is a more flexible variation of a normal exit order. Trailing stop is the practice of moving the stop-loss level closer to the current price when the price moves in your favor. Trailing the stop-loss allows traders to limit their losses and safeguard their profits. It is a very popular practice. This EA will manage your order's stop-loss by moving it at fixed steps.  A trailing stop will allow a stop order to follow the last traded price based on a pre-set distance, and will automatically move to lock in your profits. It follows a simple rule and doesn't rely on any indicators.

Moving stop-loss to a  breakeven (entry point) is popular among traders who wish to safeguard their profits and to let their trades run without incurring a risk of loss. With this EA, you can have your stop-loss orders moved to entry point automatically when a positive price move covers some specific distance. In particular, this expert advisor can detect when the current price is at some specified minimum distance from the trade's open price and move the stop to breakeven (that is; entry point).  This is similar to a trailing stop, but instead of continuously trailing the stop, it is moved once to entry point.

Alternatively, moving stop-loss to a  breakeven-plus is essential if your broker charges you commissions per trade. This ensures that you are truly trading at zero risk. N/B: Breakeven plus means your stops are moved to entry point plus some pips (you will set this in the input section).

Click "https://www.mql5.com/en/market/product/83389" for the MT5 version of the same EA.

INPUT PARAMETERS

Magic Number: Leave it blank.

OnProfitPips: Sets the amount of pips on profit for a trade before your breakeven or breakeven-plus is activated.

BEPoffsetPips: This sets break even offset. Leave it at 0, to use as breakeven. Type in a value in pips, to use as a breakeven-plus. It could be 3, 5, 10, or any value you choose. Take note, this is in pips. If you type in 5, this means that your stop loss will be moved to open price plus 5 pips in profit. That is your breakeven-plus(BE+).

tStopPips: Sets trailing stop in pips.

tStepPips: Sets trailing step in pips.

BlockID: This enables you to either deactivate the trailing stop or break even function of the EA. Just type in "2" to deactivate break even function of the EA. Or type in "3" to deactivate the trailing stop function of the EA.

Take note: This EA will work whether you have manually or automatically set stop loss or not.

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Don't purchase before testing the Demo version first. DEMO version:   https://www.mql5.com/en/market/product/76917 __________________________________________________ This EA  - Tool allow you replay bar in Meta Trader 4 for back test. This Tool can back test in multi timeframe in only one chart. This Tool is very useful for Price action trader. It can work with Indicators, some indicators cannot works. So please download Demo to test before purchase.  Demo Version We do not accept refund in any
Take a Break
Eric Emmrich
5 (19)
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 (2)
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
Fast Copy For Multi Plattform Multi Account MT4
Kaijun Wang
5 (12)
Utilità
[跟单系统] T he most friendly Copier interactive interface, the most abundant easy-to-use functions, and the best Copy solution.    EASY   : Easy to use, load and select the Master or SLAVE to use easily  FAST:   Quickly copy orders, algorithmic optimal follow-up mechanism, priority calculation of new signals, priority queue processing received special signals Multiple:   1. Support multiple signals to be sent at the same time, multiple accounts can select multiple accounts to copy at the same time
G Labs Trade Manager
Garry James Goodchild
Utilità
Trade manager  Auto calculates % risk per trade  Manual lot size input  $ Risk amount  Displays profit to loss ratio  Shows value of stop loss and take profit in pips and dollars  Shows Balance equity and open profit and loss  On screen trade entry lines with entry stop loss and take profit . All with lots size , pip value dollar value and  price level of line  The value of these lines is also displayed in the panel  Buttons on panel for  Close Winners, Close all, Execute .  Trade panel has func
Order Manager MT4
Amir Atif
5 (1)
Utilità
Order Manager is a trade assistant with money manager that helps traders open, modify and close manual trades in a simple way to help them focus more on their market analysis and open orders with just a few clicks. Download Demo here  (It only works on demo accounts) Full guide   here MT5 version here Order Manager features: Works on all instruments such as currency pairs, indexes, CFDs, metals, crypto currencies, etc. Proper money management with a built-in lot calculator that includes fiv
MT4 to Discord Signal Provider
Lukas Roth
5 (3)
Utilità
Il MT4 to Discord Signal Provider è uno strumento facile da usare e completamente personalizzabile, progettato per inviare segnali di trading direttamente a Discord. Questo strumento trasforma il tuo account di trading in un efficiente fornitore di segnali. Personalizza i formati dei messaggi secondo il tuo stile! Per facilitarne l'uso, seleziona tra i modelli pre-progettati e scegli quali elementi del messaggio includere o escludere. [ Demo ] [ Manuale ] [ Versione MT5 ] [ Versione Telegram ]
MT4 To Telegram Sender
DaneTrades Ltd
3 (3)
Utilità
Invia segnali completamente personalizzabili da MT4 a Telegram e diventa un fornitore di segnali! Questo prodotto è presentato in un'interfaccia grafica facile da usare e visivamente accattivante. Personalizza le tue impostazioni e inizia a utilizzare il prodotto in pochi minuti! Guida utente + Demo  | Versione MT5  | Versione Discord Se desideri provare una demo, consulta la Guida utente. L'invio da MT4 a Telegram NON funziona nel tester di strategia. Caratteristiche di MT4 a   Telegram P
Layer Master Toolbox
Peter Andrew Thomas
5 (2)
Utilità
**FINAL DAY OF SALE!!! - SALE ON NOW - 30% off will be going back to $75 Normal Price** Layer Master is a tool kit that helps send and manage layers of Orders for traders that like to manual trade using Grids or to cover an entry area with orders.  Features: It is capable to send hundreds of Buystop / Sellstop / Buy Limit and Sell Limit orders in a quick and simple manner.  Enter the order type you want, key in the number of orders, order size, SL and TP- Then hit the Draw Zone button. Sel
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Percentage Trailing Stop Expert
Udeme Anietie Okon
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This EA trails your stops based on percentage of current TP, for both manually and auto-opened trades.   You can edit the percentage value in the inputs. Trailing stop   is a more flexible variation of a normal exit order. T railing stop  is the practice of moving the stop-loss level closer to the current price when the price moves in your favor. Trailing the stop-loss allows traders to limit their losses and safeguard their positive trades. It is a very popular practice. This EA will manage you
Breakeven And Trailing Stop EA
Udeme Anietie Okon
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This is a dual function EA.   It offers both trailing stop and break even(BE) or breakeven-plus(BE+) functions.   This EA sets BE/BE+ and Trailing stops for both manually and auto-opened trades. To use only the BE/BE+ function of the EA, type in the number 3, under BlockID in inputs, when initializing the EA. To use only trailing stop, type in 2. Trailing stop   is a more flexible variation of a normal exit order. T railing stop  is the practice of moving the stop-loss level closer to the curre
Trailing Stop EA MT5
Udeme Anietie Okon
Utilità
This EA Trails your stops for both manually and auto-opened trades.  This EA will work whether you have manually or automatically set stop loss or not. Trailing stop   is a more flexible variation of a normal exit order. T railing stop  is the practice of moving the stop-loss level closer to the current price when the price moves in your favor. Trailing the stop-loss allows traders to limit their losses and safeguard their positive trades. It is a very popular practice. This EA will manage your
Percent Break Even EA
Udeme Anietie Okon
Utilità
This is a break even(BE)/break even-plus(BE+) EA. It moves your stop loss to BE or BE+ based on pre-set percentage of current TP. You can edit the percentage in the input section. This EA sets breakeven for both manually and auto-opened trades.   Moving stop-loss to a     breakeven or BE+  is popular among traders who wish to safeguard their trades and to let the trades run without incurring a risk of loss. With  this  EA , you can have your stop-loss orders moved to a breakeven point automatica
OnPips Break even EA
Udeme Anietie Okon
1 (1)
Utilità
This is a break even/break even plus EA. It moves your stop loss to break even(BE) or BE+ based on pre-set number of pips in profit. You can edit this in the input section. This EA sets breakeven for both manually and auto-opened trades. Moving stop-loss to a     breakeven   is popular among traders who wish to safeguard their trades and to let the trades run without incurring a risk of loss. With this     EA , you can have your stop-loss orders moved to a breakeven point automatically when a p
Pips Trailing Stop EA MT4
Udeme Anietie Okon
Utilità
This EA Trails your stops for both manually and auto-opened trades. This EA will work whether you have manually or automatically set stop loss or not. Trailing stop   is a more flexible variation of a normal exit order. T railing stop  is the practice of moving the stop-loss level closer to the current price when the price moves in your favor. Trailing the stop-loss allows traders to limit their losses and safeguard their positive trades. It is a very popular practice. This EA will manage your o
Percentage Trailing Stop EA
Udeme Anietie Okon
Utilità
This EA trails your stops based on percentage of current TP, for both manually and auto-opened trades.   You can edit the percentage value in the inputs. Trailing stop   is a more flexible variation of a normal exit order. T railing stop  is the practice of moving the stop-loss level closer to the current price when the price moves in your favor. Trailing the stop-loss allows traders to limit their losses and safeguard their positive trades. It is a very popular practice. This EA will manage you
Break Even Plus MT4
Udeme Anietie Okon
Utilità
This EA will set breakeven or breakeven-plus for your trades, whether you have manually or automatically set stop loss or not.   If your broker charges commissions per trade, you need to set breakeven plus, not just breakeven, in order to cover up those charges and properly let your trades run at zero risk. Inputs: In the inputs section , set   BEPoffsetPips   to 0, to use it as a "breakeven" EA. Or set   BEPoffsetPips   to any amount of pips you want, to use it as a "breakeven-plus" EA. "OnP
Percentage Break Even EA
Udeme Anietie Okon
Utilità
This is a break even(BE)/break even-plus(BE+) EA. It moves your stop loss to BE or BE+ based on pre-set percentage of current TP. You can edit the percentage in the input section. This EA sets breakeven for both manually and auto-opened trades.   Moving stop-loss to a       breakeven or BE+  is popular among traders who wish to safeguard their trades and to let the trades run without incurring a risk of loss. With  this  EA , you can have your stop-loss orders moved to a breakeven point automat
Pips Break Even EA
Udeme Anietie Okon
Utilità
This is a break even/break even plus EA. It moves your stop loss to break even(BE) or BE+ based on pre-set number of pips in profit. You can edit this in the input section. This EA sets breakeven for both manually and auto-opened trades. Moving stop-loss to a     breakeven   is popular among traders who wish to safeguard their trades and to let the trades run without incurring a risk of loss. With this     EA , you can have your stop-loss orders moved to a breakeven point automatically when a po
Break Even Plus MT5
Udeme Anietie Okon
Utilità
This EA will set breakeven or breakeven-plus for your trades, whether you have manually or automatically set stop loss or not. If your broker charges commissions per trade, you need to set breakeven plus, not just breakeven, in order to cover up those charges and properly let your trades run at zero risk. Inputs: In the inputs section , set   BEPoffsetPips   to 0, to use it as a "breakeven" EA. Or set   BEPoffsetPips   to any amount of pips you want, to use it as a "breakeven-plus" EA. "OnPro
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Versione 1.2 2023.04.03
It has been upgraded to function also as a break even-plus (BE+) EA. So, you can either set it to serve as a break even and trailing stop EA or as a break even-plus and Trailing stop EA. This will benefit traders whose brokers charge them commissions per trade, so that they can truly trade at zero risk.
Versione 1.1 2023.03.12
The input section is made very simple to understand.