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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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Vuoi diventare un trader forex a 5 stelle costantemente redditizio? 1. Leggi la descrizione di base del nostro semplice sistema di trading e  il  suo importante aggiornamento della strategia nel 2020 2. Invia uno screenshot del tuo acquisto per ottenere il tuo invito personale alla nostra esclusiva chat di trading Questo Trade Manager è l'aggiunta ideale per tutti gli utenti FX Trend che amano utilizzare una gestione completamente automatizzata delle operazioni. Rileva immediatamente le tu
Forex Market View Dashboard and CSM
Opengates Success International
5 (1)
FFXMV Dashboard + CSM is a custom indicator combined with Currency Strength Meter . It is created to give the Traders a full view of what is going on in the market. It uses a real time data to access the market and display every bit of information needed to make a successful trading. Before attaching this Indicator to your window chart, go to your MT4's Market Watch panel and HIDE all the Currency pairs you don't need or trade and leave the rest there. The reason is that FFMV Dashboard will DISP
Exp SafetyLock PRO
Vladislav Andruschenko
4.68 (25)
SAFETYLOCK è lo strumento ideale per i trader che desiderano proteggere le proprie operazioni da improvvise inversioni di mercato, impostando automaticamente un ordine opposto per ogni posizione aperta. Quando un trader o un EA apre una nuova posizione, SAFETYLOCK crea immediatamente un ordine in sospeso opposto. N el caso in cui la posizione inizi a generare perdite, l'ordine pendente viene attivato, bloccando la posizione e limitando così le perdite potenziali. Questo EA offre una gamma comp
Custom Ultimate Sniper Dashboard
Hispraise Chinedum Abraham
5 (2)
Questo Ultimate Sniper Dashboard personalizzato è un aggiornamento EA dell'indicatore Ultimate Sniper Dashboard originale. Funziona con un massimo di 98 algoritmi diversi per garantire che catturi la vera natura di una tendenza su una classe di attività con cui si lavora. Si tratta di una risposta diretta a molti suggerimenti e consigli ricevuti dalla maggior parte dei nostri clienti nel corso di diversi mesi.   Questa versione personalizzata è completamente personalizzabile. È alimentata da
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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
Trailing Stop EA MT5
Udeme Anietie Okon
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
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
Break Even Plus MT5
Udeme Anietie Okon
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
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
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
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)
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
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
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
Pips Break Even EA
Udeme Anietie Okon
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
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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.