Script/EA to close open position based on risk/reward ratio

Hi guys, is there a script that can close open position based on risk reward. Like for e.g. If i i have an open position with stop loss of 10pip, and i set the script to 1:5 risk reward, i want the script to close it at 50pip. I cannot find this script on google.

Hi
Do you find the
Script/EA to close open position based on risk/reward ratio

there are many..
maybe there are free tools here but if you can spare $75, take a look at this one.

https://www.mql5.com/en/market/produ...ity+Rating000#

While that is an excellent tool, and something like that should be used while opening a position, it does not work for positions already opened, which is what he was looking for.

In that regard, go to CODEBASE

https://www.forexfactory.com/thread/...r-45-platforms

Where I recommend these 2 EA's for the job.

You can put them on your chart long before trading, with your chosen settings

As soon as you place a trade at market price, the EA will apply the SL and TP for you

Do NOT download V2 as shown, good luck