Auto Breakeven levels
- Утилиты
- Makarii Gubaydullin
- Версия: 1.0
- Активации: 10
Automatic Breakeven levels
Using this utility, you can activate the automatic SL movement, when the trade reaches a desired profit.
Especially important for a short-term traders. Offset option is also available: some profit may be protected.
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The process of activating the automatic breakeven function:
1. Select the Symbol or Trade for which the Auto BE function will be activated:
- for the current [Symbol] / for [ALL] trades / or for a specific trade [Ticket].
- In addition to the [Symbol] or [ALL] rules - you can set a separate rule for a particular trade,
by its ticket number: the rule for a separate [Ticket] will be prioritized.
2. Select the trade type for which you want to activate auto BE:
- [ALL]: for all active trades;
- [Longs]: only for a Buy trades;
- [Shorts]: only for Sell trades;
3. [When profit]: SL will be moved only when the trade reaches the specified profit amount.
4. [+ Offset]: you can set an additional SL shift, in the direction towards the TP level.Thus, SL can be moved not only to breakeven, but also to the profitable level.
5. Click [Activate Auto BE] to activate the auto breakeven function.
The lower section displays the current status of the automatic BE function.
If auto BE is active, you'll see a red cross [X]: click on it to deactivate the auto BE for the selected trade type (1).
! Auto BE for [Ticket] must be deactivated separately by its number:
when deactivating [ALL] / [Symbol] - all separate [Ticket] rules will continue to be active.
You can save the Auto BE settings to a [Presets v], to activate the function faster.
In the Input settings you can optionally include the cost of the spread, commission and swap to the calculation of the BE level.
Also, there is a 'strict' option: so you can choose what to do if the extra included costs exceeds the floating profit, when moving SL to BE:
Move SL to Entry price, or do not move SL level.
Additional input settings (interface):
- Font size;
- Panel size (percentage);
- Dark / white theme;
The program file must be placed in the "Experts" directory. Algo Trading must me allowed.