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Smart Stop Loss to Set and Forget

This Smart Stop Loss EA (Set & Forget) is for who is sick of Stop Loss Widening and Orders hitting SL during Asia and then moving in your favor.
Also this EA will allow you to "forget" about your order (will also force you to not move the SL once set) so that you will not change your Risk and will follow your plan.
In addition you can choose at what RR take Profit (default is 2 and means Half) and move to BE (so by default 2RR).

How to use it:
- Apply to the Chart you want to use it and select the RR at which move to BE and close half position;
- Simply open an order;
- Once a SL is Set it will remain "hidden" and you could just move it closer (move it higher for a Buy, lower for a Sell);
- In order to avoid Position getting closed automatically by the App due to High Spread, after the first Set of the SL you should move it (make it wider for the spread, since the hidden SL will remain at the first value set);
- Position will still be closed if the actual price reaches it;
- EA will be removed from the chart after the Position is Closed (also when BE is Set and Half position is closed).

How I use it:
I usually open trades from the app (smartphone), then I open the MT5 on desktop and attach the EA on that pair (or I leave the EA already attached to the pair if I'm planning the trade ahead for the week).

So I have the SL (the red bar) set from the App, I will leave it there for a couple of seconds (just to make sure it's been copied, 5/10s would be good) and then I move the red bar making (apparently) the SL wider, that will just avoid position getting closed early by wide Spread (especially during Asia when I'm asleep). The original (hidden) stop will still be there and from that price will be Calculated the 2RR.

To update the "hidden SL" I can just move it closer to the price (and once updated I will move the red bar on the app back). Keep in mind that moving it closer will also change the  computation for 2RR (or whatever selected).
That will avoid to change and Increase the Risk once the operation has been opened. That way you should stick to your plan.

Now let's Set the trade and forget about it.. if it goes to 2RR I will automatically take half profit and I don't have to worry about leaving a position open reaching 2RR to then find out it went to SL.

In the Input you can set:
          - RRtoBE
: which is the distance at which partially close the psition and move to BE;
          - FractiontoClose: which is the fraction of the position to being close when hitting the above value. If you want to close half position set 2 (default), if you want to close 1/3 set 3.

Hopefully this EA will help you too to being consistent and follow the trade plan.

If you have any question feel free to reach me.

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The product will copy all  Discord  signal   to MT5   ( which you are member  ) , also it can work as remote copier.  Easy to set up. Work with almost signal formats, support to translate other language to English Work with multi channel, multi MT5. Work with Image signal. Copy order instant, auto detect symbol. Work as remote copier: with signal have ticket number, it will copy exactly via ticket number. How to setup and guide: Let read all details about setup and download Discord To MetaTrade
Discord To MT5 Receiver
Levi Dane Benjamin
5 (1)
Copie sinais de qualquer canal do qual seja membro ( sem a necessidade de um Token de Bot ou Permissões de Administrador ) diretamente para o seu MT5. Foi projetado com o usuário em mente, oferecendo muitos recursos de que você precisa Este produto é apresentado em uma interface gráfica fácil de usar e visualmente atraente. Personalize suas configurações e comece a usar o produto em minutos! Guia do Usuário + Demonstração  | Versão MT4 | Versão Telegram Se deseja experimentar uma demonstração
Binance Trade Manager
Andrey Khatimlianskii
5 (2)
Binance Trade Manager — is an utility that allows you to transmit trade orders from your MetaTrader 5 to the Binance exchange. It will suite you if you want to use your favorite MetaTrader 5, getting all the benefits of trading cryptocurrencies directly on the exchange (low commission, high liquidity, absolute transparency, etc.) Binance Trade Manager can work in two modes: copying trades from a demo-account , which your MetaTrader 5 is connected to (cryptocurrencies must be available on this ac
HYT utility
Sergey Batudayev
5 (1)
HYT (Help Your Trading) is a tool designed to help you average down your losing positions using two main techniques: Standard averaging . Hedging with subsequent opening of positions in the direction of the trend . Buy 1 and 1 get FREE This tool allows you to manage multiple positions opened in different directions, both for buying and selling. HYT automatically calculates the size of the next position , order price, direction for averaging, and closing the position with a specified take-profit
This script is designed to download a long history of cryptocurrency quotes from the Binance exchange. You will find it perfectly suitable if you want once to download the history of cryptocurrencies for charts analyzing, collecting statistics or testing trading robots in the MetaTrader 5 strategy tester, or if you need to update the history not very frequently (for example, once a day or once a week). After running the script, you will have fully featured (but not automatically updated) cryptoc
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