Trading utilities for MetaTrader 4

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MetaTrader 4

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ScaleOut and BreakEven

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50 $38 $

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Information

Utilities
MetaTrader 4
Tomislav Turcin
1.0
5

Overview

This simple utility EA designed for managing the open trades.

For all open trades when the certain amount of profit is reached it closes a part of the position and moves the Stop Loss to breakeven level.


EA has following entry parameters:

 - Scale-out lots: defines the size of the position that we want to close when profit is reached

 - Scale-out profit: defines the profit in points when we want to scale out

 - Breakeven profit: defines how many points above/below breakeven value we want to put the Stop Loss after scale out was executed 

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