The estimated breakeven level.
Using break even mt4. Break even master expert advisor for metatrader4 platform. I breakeven mt4 indicator download instructions. Breakeven expert adviser for metatrader trading platform. I breakeven groups the open position by symbol and for the each of group shows.
Free download of the i breakeven indicator by rickd2 for metatrader 4 in the mql5 code base. It s a break even expert advisor for the free metatrader 4 forex trading platform. Some forex trading strategies include splitting one position into several smaller ones adding to already open positions or averaging. I use this break even expert advisor all the time so i thought you guys might find it useful.
Stop loss is intended for reducing of losses where the symbol price moves in an unprofitable direction. It provides a filter based on magic number and comment. When opening several positions it is not very convenient to manually calculate the breakeven level for all open positions in the mt4 terminal. Shift stop loss to break even price once a no of pip move in the direction of the trend.
It is a metatrader 4 indicator that allows you to detect several changes and dynamics in price that many traders can t estimate or see without an indicator which highlights its essence and usage. In order to transform accumulated history data you need to install a metatrader 4. The current equity level. Copy break even master mq4 file to c program files metatrader4 experts folder and restart your metatrader.
The expert advisor that moves the stop loss to breakeven after reaching certain profit. Optimized for forex trading only.
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