Multi_BreakEven.mt4 - MetaTrader 4 Script - MetaTrader 4 Resources
Once a trade becomes favorable, Multi_BreakEven allows setting up multiple entry positions with points or target prices to achieve breakeven.
This feature ensures that investors protect their investment, allowing the trade to reach the desired profit target or exit at the break-even point.
Traders can choose a pip approach (default is 100 pips for 5 brokers) or a target price approach to achieve breakeven.
It is important to note that selecting the pip method will invalidate the target price and vice versa.
Attachment download
📎 multi_breakeven.mq4 (3.3 KB)
Source: MQL5 #47104
Multi_BreakEven.mt4 - MetaTrader 4 script usage and filtering suggestions
Multi_BreakEven.mt4 - MetaTrader 4 script is a resource related to trading scripts. Before downloading or referencing, it is recommended to confirm the platform version, transaction type, time period, whether DLL is required, whether source code is included, parameter description and historical update records.
Both automated trading tools and foreign exchange indicators should first undergo backtesting, simulated account observation, and small capital verification. Pay special attention to spreads, slippages, maximum drawdowns, position opening frequency, stop loss methods, trading periods and broker rules, and avoid direct real-time execution based only on titles or short-term profit descriptions.
💡 Featured Recommendations
✍️ Latest by the author
- •
- •
- •
- •
- •
- •
📌 Popular topics
- •
- •
- •
- •
- •
- •
- •
- •
🔗 You May Be Interested In
- •
- •
- •
- •
- •
- •
