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GRInvest Breakeven AutoSet EA

Elevate your trading with this Breakeven and Trailing Stop Manager, an Expert Advisor (EA) built for MetaTrader 4 to streamline risk management by automating breakeven and trailing stop strategies. This EA helps secure profits and minimize losses without requiring constant manual intervention, giving you more time to focus on market analysis and strategy.


### Key Features:


- **Automatic Breakeven Adjustment:**  

  Automatically move the Stop Loss to the breakeven level once your position reaches a set profit level. The `BreakEvenAfterXPoints` parameter lets you customize when this adjustment occurs.


- **Configurable Breakeven Offset:**  

  Secure a slight profit or account for commission costs by setting the Stop Loss slightly beyond breakeven using the `XPointsAboveBE` parameter.


- **Dynamic Trailing Stop:**  

  After the breakeven is applied, the trailing stop becomes active, adjusting the Stop Loss as the position continues to profit. Customize the trailing stop distance and update frequency with `TrailingStopPoints` and `TrailingStopUpdateInterval`.


- **Real-Time Information Display:**  

  View the EA’s current settings and open position details directly on the chart. You can toggle this feature on or off using the `ShowInfo` parameter.


- **Easy Integration:**  

  This EA works with any symbol and timeframe on MetaTrader 4, integrating seamlessly with both manual trades and other EAs.


### Input Parameters:

- `BreakEvenAfterXPoints`: (Default: 200) The number of profit points needed before the EA moves the Stop Loss to breakeven.

- `XPointsAboveBE`: (Default: 20) Number of points added beyond breakeven for the Stop Loss to ensure a small profit or cover commissions.

- `TrailingStopPoints`: (Default: 350) Distance between the current price and the trailing Stop Loss.

- `TrailingStopUpdateInterval`: (Default: 3 seconds) How frequently the trailing Stop Loss is updated.

- `ShowInfo`: (Default: true) Enable or disable the display of EA settings and position information on the chart.


### How It Works:


- **Breakeven Mechanism:**  

  The EA tracks your open positions and moves the Stop Loss to breakeven once the profit reaches the value set by `BreakEvenAfterXPoints`, plus any additional offset from `XPointsAboveBE`.


- **Trailing Stop Mechanism:**  

  After breakeven is set and the position continues to gain profit equal to `TrailingStopPoints`, the trailing stop kicks in. The Stop Loss will trail the market, adjusting at the intervals specified by `TrailingStopUpdateInterval`.


- **Position Management:**  

  The EA efficiently monitors your positions to prevent unnecessary breakeven or trailing stop reapplications. It also removes closed positions from its tracking for optimal performance.


### Benefits:


- **Automated Risk Management:**  

  Secure profits automatically by adjusting Stop Loss levels, reducing emotional trading decisions.


- **Increased Efficiency:**  

  Spend less time manually managing open positions, freeing up time for analyzing new opportunities.


- **Versatility:**  

  Whether you’re a scalper, day trader, or swing trader, this EA can enhance your risk management. It integrates well with both manual and automated trading systems.


### How to Use:


1. **Attach the EA to Your Chart:**  

   Open MetaTrader 4, navigate to your desired symbol and timeframe, then drag the EA onto the chart from the Navigator window.


2. **Configure Input Parameters:**  

   Set the `BreakEvenAfterXPoints`, `XPointsAboveBE`, `TrailingStopPoints`, and `TrailingStopUpdateInterval` parameters according to your trading strategy.


3. **Enable Automated Trading:**  

   Ensure that “AutoTrading” is enabled in MetaTrader 4.


4. **Monitor and Let the EA Work:**  

   The EA will manage your Stop Loss levels according to your configurations. If `ShowInfo` is enabled, you’ll see real-time updates on the chart.


### Important Notes:


- **Position Management Only:**  

  This EA does not open or close positions. It only modifies the Stop Loss for existing positions on the current chart.


- **Testing Recommended:**  

  Use the EA on a demo account to get familiar with its behavior before using it on a live account.


- **MetaTrader 4 Exclusive:**  

  This EA is specifically designed for use with MetaTrader 4.


### Disclaimer:


Trading carries substantial risk and may not be suitable for every investor. Past performance is not indicative of future results. Use this EA at your own risk and ensure it fits within your broader trading strategy.

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KT Equity Protector EA consistently monitors the account equity and closes all the market and pending orders once the account equity reached a fixed equity stop loss or profit target.  After closing all trading positions, the EA can close all open charts to stop other expert advisors from opening more trading positions. Equity Stop-Loss If your current account balance is $5000 and you set an equity stop loss at $500. In this case, the KT Equity Protector will close all the active and pending
Mentfx Mmanage
Anton Jere Calmes
5 (15)
The added video will show you the full functionality, effectiveness, and simplicity of this trade manager. Drag and Drop Trade Manager. Draw your entry and have the tool calculate the rest. Advanced targeting and close portions of a trade directly available in tool (manage trades while you sleep). Market order or limit order on either side with factored spread. Just draw the entry, the tool does the rest. Hotkey setup to make it simple. Draw where you want to enter, and the stop loss, the tool c
This tool will allow you to export MetaTrader indicators data (Buffers) for any financial instrument present in your MetaTrader 4. You can download multiple Symbols and Timeframes in the same csv file. Also, you can schedule the frequency of download (every minute, 5 minutes, 60 minutes, etc.). No need to open a lot of charts in order to get the last data, the tool will download the data directly. The CSV File will be stored in the folder:   \MQL4\Files . How it works Report Tab : Select
Trade Assistant Pro 36 in 1
Makarii Gubaydullin
4.95 (19)
Ferramenta multifuncional: 65+ funções, incluindo: calculadora de lote, Price Action, proporção R/R, gerenciamento de trade, zonas de suporte e resistência Versão Demo   |   Manual de usuário   |    Versão MT5 O utilitário não funciona no testador de estratégia: você pode baixar a   versão Demo AQUI   para testar o produto. Contate-me para perguntas / ideias de melhorias / caso encontrar algum erro Os trades automáticos serão permitidos se estiverem habilitados na plataforma e na corretora Si
Take a Break
Eric Emmrich
5 (26)
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
The News Filter
Leolouiski Gan
5 (20)
Este produto filtra todos os consultores especializados e gráficos manuais durante o horário das notícias, para que você não precise se preocupar com picos de preços repentinos que possam destruir suas configurações de negociação manuais ou negociações realizadas por outros consultores especializados. Este produto também vem com um sistema de gerenciamento de pedidos completo que pode lidar com suas posições abertas e ordens pendentes antes do lançamento de qualquer notícia. Depois de comprar o
Manual Trade Panel EA MT4
Juvenille Emperor Limited
5 (4)
O Painel Comercial Manual EA MT4 é o painel comercial mais direto e fácil de usar que você pode encontrar para o MT4. Tem todas as suas opções e funções numa só superfície, sem necessidade de abrir janelas ou painéis adicionais. É um utilitário de gerenciamento de pedidos, calculadora de risco, encerramento parcial e protetor de conta, tudo em uma interface extremamente conveniente de usar! Usando o Painel de Negociação Manual EA MT4 , você pode negociar muitas vezes mais rápido e mais precis
Layer Master Toolbox
Peter Andrew Thomas
5 (3)
GRID TRADING - Layer Master tool kit is the ultimate, easy to use trading toolkit makes it simple to layer grids of Orders over any entry level. This toolkit will make it simple and fast to Open / Enter and Manage your grid trades on MT4. Every function is simple - but clicking and dragging the order zone - you define an area you want your orders, then you can quickly drag the SL and TP levels to where you want them. Hit one button and your orders are sent!!!  Features: It is capable to send h
MT4 Local Trade Copier Pro
Biswarup Banerjee
3.55 (11)
About The Product This is an mt4 expert advisor which will let the end user to copy trades from a source mt4 account to N different mt4/mt5 account in the same pc. It is specially useful when you want to copy your trades from an account to several client account or accounts which will have different parameter for those trades. This product provides options to copy trades with different options as well as copy them in reverse. you can find the MT5 version   here . You can try the free trial demo
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Maximize your trading efficiency with this Breakeven and Trailing Stop Manager, an Expert Advisor (EA) for MetaTrader 5 designed to enhance your risk management by automating breakeven and trailing stop strategies. This EA ensures that you lock in profits and minimize potential losses without constant manual input, giving you more time to focus on market analysis and decision-making. ### Key Features: - **Automatic Breakeven Adjustment:**     The EA automatically moves the Stop Loss to the b
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Versão 1.88 2024.09.23
update - add magic number setting
Versão 1.87 2024.09.17
updated 1.87
Versão 1.86 2024.09.17
updated trails interval
Versão 1.85 2024.09.11
error fixed
Versão 1.84 2024.09.10
TRAILS FIXED
Versão 1.5 2024.08.04
update error handling an info panel to show pips of open orders on chart