Set Stop Loss to Break Even "Script" | Forex Factory

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Attachments: Set Stop Loss to Break Even "Script"
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Set Stop Loss to Break Even "Script"

  • #1
  • First Post: May 13, 2010 7:19am May 13, 2010 7:19am
Hi all,

I am after a simple "Set SL to BE" script (not EA) which only sets the SL to BE of the last order executed (ie. if i already have multiple buys/sells running and suddenly decide to scalp, i would like to execute a script with a hotkey which would set the latest position to breakeven, and not interfere with other running orders.

Can something like this be made? I found an "EA" in the sticky thread in this sub-forum (which is attached below), but the problem with an EA is that its running in the background, so all new positions get executed with the EA paramatters.

I would instead, like to have just a script (like this "close all open positions" script) which can be executed with a hotkey!

Could anyone look into coding this and help me out please. Much appreciated.

Thanks.

TD
Attached File(s)
File Type: mq4 Set_SL_to_BE.mq4   2 KB | 3,908 downloads
  • #2
  • May 14, 2010 2:43pm May 14, 2010 2:43pm
Hi topdogg,

I attached here script by Zen Leow, available in FF. Been using this script for quite sometimes and really helpful in my daily trade.

Good trading to you.

~profi~
Attached File(s)
File Type: mq4 Break_Even_Script.mq4   2 KB | 6,670 downloads
~ Let the TRADES come to you - be a TRAPPER not a HUNTER ~
  • #3
  • May 17, 2010 12:52am May 17, 2010 12:52am
Quoting profi4554
Hi topdogg,

I attached here script by Zen Leow, available in FF. Been using this script for quite sometimes and really helpful in my daily trade.

Good trading to you.

~profi~

Hi profi,

Thnx for your reply - doesnt seem to work when i put it in the scripts folder. Ive tried it on demo right now. Anything else i should be doing with it?

Thanks!
  • #4
  • May 17, 2010 1:52am May 17, 2010 1:52am
No problem at my side topdogg.

Guess you didn't set any stop loss when placing an order.

If you are using an open SL/TP script, EA attached could be very helpful to place an instant Stop Loss and TakeProfit.

Good trading to you topdogg

Cheers,
~profi~
Attached File(s)
File Type: mq4 StopLoss and TakeProfit Manager.mq4   2 KB | 4,568 downloads
~ Let the TRADES come to you - be a TRAPPER not a HUNTER ~
  • #5
  • May 17, 2010 2:31am May 17, 2010 2:31am
Quoting profi4554
No problem at my side topdogg.

Guess you didn't set any stop loss when placing an order.

If you are using an open SL/TP script, EA attached could be very helpful to place an instant Stop Loss and TakeProfit.

Good trading to you topdogg

Cheers,
~profi~
Hi Profi,

Thats exactly wat i wanted the "Script" to do for me, not me manually set it .. lol..

The first one attached - is that supposed to be used as a script or an EA?

Thanx
  • #6
  • May 17, 2010 2:48am May 17, 2010 2:48am
Quoting topdogg
Hi Profi,

Thats exactly wat i wanted the "Script" to do for me, not me manually set it .. lol..

The first one attached - is that supposed to be used as a script or an EA?

Thanx
The first one (Break Even) should be placed under Script folder. The second one can be copied to Expert folder.

Simply attached the EA to your trading chart. Once activate, the EA will place any Stop Loss that you had preset. If you like an open TP, just put '0' value.

Hope this will help

Regards,
~profi~
~ Let the TRADES come to you - be a TRAPPER not a HUNTER ~
  • #7
  • Oct 15, 2010 12:06am Oct 15, 2010 12:06am
Quoting profi4554
No problem at my side topdogg.

Guess you didn't set any stop loss when placing an order.

If you are using an open SL/TP script, EA attached could be very helpful to place an instant Stop Loss and TakeProfit.

Good trading to you topdogg

Cheers,
~profi~
Hi, does this EA work on all orders placed? what if i place 3 trades all with the same entry level but want different TP. basically i want an EA that can move all trades to BE after x amount of pips in profit

Thanks
  • #8
  • Oct 28, 2010 12:26pm Oct 28, 2010 12:26pm
Which one really work? I tried one, but it doesn't work at all?!
  • #9
  • Oct 29, 2010 2:31am Oct 29, 2010 2:31am
Quoting alex198555
Which one really work? I tried one, but it doesn't work at all?!
Both that I posted do works.

Which one that you have tried?
~ Let the TRADES come to you - be a TRAPPER not a HUNTER ~
  • #10
  • Jul 18, 2011 1:50pm Jul 18, 2011 1:50pm
I'll give this SL to breakeven script and also this TP and SL manager EA from the other post a try.
Quoting profi4554
Hi topdogg,

I attached here script by Zen Leow, available in FF. Been using this script for quite sometimes and really helpful in my daily trade.

Good trading to you.

~profi~
  • #11
  • Nov 10, 2014 10:32am Nov 10, 2014 10:32am
Not working on Build 745
  • #12
  • Dec 19, 2014 4:11am Dec 19, 2014 4:11am
already test the break even script with insta broker...work fine. build 745
  • #13
  • Aug 2, 2016 3:19pm Aug 2, 2016 3:19pm
hi, im looking for the script when my SL change to BE when my trade reaches some profit in $ not in pips because every pair has another pip value.

for example : i open trade and I set my SL (3$) and my TP (9$), and i need when my trade had profit 3$ to change my SL to BE .
I need script when i can modify value of change my SL to BE.

thx for answers and sorry for my english
  • #14
  • Last Post: Jul 28, 2017 10:20am Jul 28, 2017 10:20am
Hollow guys,

Would it work on Stocks as well ? if you guys now a way to change EAs to work from FX to Stocks, that will be helpful.
Regards, ,
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