currently disabled in your browser. ModifyTrades and, modifyTrade3. Example: You set LockInPipsAt to 40 and Trades. I use this break even Expert Advisor all the time, so I thought you guys might find it useful. I dont personally do this, but I know of other traders that sometimes adjust their stop losses, while not quite bringing them to break even.
CtrlE ) at the top of the platform. Hello, traders, I found a cool trade management. .
With this EA, you could lock in 3 pips, for example, to cover your spread and/or commission costs. Installation Instructions: Download and extract the BreakEven_v2. If it were to go down.2450, we would be loss 50 pips we mentioned earlier and for which we have calculated and place the stop loss. You can check these settings when you drag the indicator onto your charts, or you can pull up your EA Properties (. How much the price level of stop loss that would give us buying a loss of 50 pips? No matter what timeframe you trade on, this break even Expert Advisor can help save you time and effort while keeping your trading system as accurate and mechanical as possible. The take profit is the opposite of stop loss, determ the level of maximum profit we want to achieve and then the position will be closed automatically and we well gather the profit in our account permanently. Let us assume for a moment that we were good, we bought it.2500 placing always stop loss.2450 and"tion of EUR/USD began to rise. The take profit, just like a stop loss is not required, we can safely trade without using them. In order for the, breakEven_v2, eA to alter your trades automatically, you must make sure that Allow live trading and Allow DLL imports are checked under the Common tab of the break even EA (see the image above). Drag the break even EA onto your chart. I hope you guys find this free break even and trade management EA as useful as I have over the years.
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