Breakeven Helper

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augusto70
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03-03-18 15:34:01

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Breakeven Helper

The Expert Advisor allows manual traders to close positions at breakeven or at a certain profit level (in points) from the breakeven point. The EA does not open trades on its own! However, it manages any orders with a specified magic number or without it and moves them to breakeven as soon as the profit from a breakeven point reaches a specified level in points.
Breakeven point is very important in trading process. Our Expert Advisor considers all symbol parameters when calculating that point, including swaps, spread, order opening prices and their volumes. This is not an easy task in manual trading, and it is better to entrust such a calculation to a breakeven trading robot or a script.
The EA displays the current profit in a specified direction and a calculated breakeven point as a line. Text colors and sizes are set in the settings.
When working in one direction, the EA can delete pending and limit orders after closing the market ones. This feature allows you not to sit at the terminal all the time. The EA notifies of trades being closed by an audio signal.

Breakeven Helper.ex4 38.7 kb, 31 downloads since 2018-03-03

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NOTE: You can only share open-source Forex robots on this platform. Sharing hacked or unauthorized versions of copyrighted Forex robots is strictly prohibited and can result in a ban on your account.

The content on the MT4talk website is created by its users (MT4talk forum members). MT4talk does not sell Forex robots and does not offer support for them. MT4talk only offer PRO membership which allows for unlimited downloads of content from any forum topic or post. The updates for Forex robots may be limited or not happen at all, depending on who created the robot.

We are testing Forex robots in real-life conditions! We use a demo account to test some of the robots and the results are still accurate. We are not financial advisors and cannot advise you to invest your money. Our aim is to find good market analysis solutions using different strategies that can benefit our community.

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Disclaimer - No representation is being made that any Forex account will or is likely to achieve profits or losses similar to those shown on backtests in this forum. In fact, there are frequently sharp differences between hypothetical performance results and the actual results subsequently achieved by any particular trading program. Hypothetical trading does not involve financial risk, and no hypothetical trading record can completely account for the impact of financial risk in actual trading. All information on this forum is for educational purposes only and is not intended to provide financial advice. Any statements posted by forum members or the MT4talk EA Tester Team about profits or income expressed or implied, do not represent a guarantee. Your actual trading may result in losses as no trading system is guaranteed. You accept full responsibilities for your actions, trades, profit or loss, and agree to hold the MT4talk team and forum members of this information harmless in any and all ways.

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