LacusTstopandBE - MetaTrader 4 Expert | MT4 EA Download - MetaTrader 4 Resources

This Expert Advisor is only suitable for manual trading. It sets stop loss and take profit for buy, sell, buy limit, buy stop, sell limit and sell stop orders. It includes breakeven and trailing stop features. Works with 4 and 5 figure brokers.

Input parameters:

We open a buy order and the Expert Advisor sets predefined Stop Loss and Take Profit values ​​at the next price movement (Stop Loss 40 pips and Take Profit 200 pips). The price goes in our favor, the profit reaches 25 pips and the EA sets the breakeven point at +10 pips. The price rises and our EA changes the stop loss value if the position reaches +30 pips or more. Our trailing stop is 20 pips from the actual price.

Thank you for your input and comments. If anyone has a good idea for my Expert Advisor, please leave a comment.

New features in version 3.1:

I need someone to test this EA in DEMO because I don't have enough time. I need to test incognito mode first.

Attachment download

📎 lacuststopandbe_v2.mq4 (7.4 KB)

📎 lacuststopandbe_v3.1.mq4 (19.08 KB)

Source: MQL5 #13181