AUTO TP!!!!

Any coding or EA'S for auto takeprofits.

I actually have a script I have been working on over the weekend that will manage the last order placed. I need to test it when the market opens but basically it will do the following ...

Set an optional StopLoss 'Line' (actual line on chart so no 'stop hunting', plus it can be physically moved if you wish)
Set an optional TakeProfit 'Line'
Set an optional 'Breakeven' point and then invoke a TrailingStop

Because it is a script and not an EA, it has some advantages and disadvantages ...
To invoke the script you simply drag-and-drop on to a chart with the appropriate currency pair of your order
It will ONLY work on the last order placed
You cannot use the script more than once on the same chart (at the same time)

OK. Testing done and everything seems to work just fine (but please test on a demo first to understand exactly how it works)

Inputs:
Order_Position <= This selects the order relative to the last placed. 0 means the last trade placed, 1 the last but 1, etc
SL_Pips <= Pips from open price that will close the order at loss
TP_Pips <= Pips from open price that will close the order at profit
CH_Pips <= Pips from open price that will close half the order (utilizing the 'free trade' theory)
TS_Pips <= Pips from open price before applying a trailing stop. Once hit, the SL line (if used) will be removed.
TS_Range <= The size in pips of your trailing stop
Slippage <= Slipage used for closing half or total order

Set any input to 0 to disable.
All actions take current spread into account.

Use:
Save the attached file in the experts/scripts folder and restart MT4.
Place your trade.
Drag and drop the script from Navigator window to chart to select the appropriate trade for that charts pair.
Confirm the inputs, click OK, sit back and relax knowing your rules will be enforced without emotion

Please let me know if you find any problems or have any suggestions.

is there any way to make this script send live orders for the SL and TP ? otherwise its perfect! exactly what I was looking for! THANKS A BILLION

Your welcome Manna_fest

I'm not certain I understand what you mean by 'send live oders' though. The script not only shows you visible lines on your chart but when those lines are hit the script will take action on your order and close it (either all of it or half of it depending on what conditions are set)

I used the script for the Tp and SL orders..... It sets the lines excellently although live orders are not executed for specified marks, for example, my TP was reached twice and the order wasn't closed. What can I do to have this script execute the preset order amounts defined in the script????

Did the correct price hit your line? ie a sell needs the Ask to hit the line in order to execute (because sells are closed based on Ask price). Could this explain what you are seeing?

Also, it could be that the market just touched the line briefly and moved back before the order had a chance to execute.

I should have made a Screenshot... Basically it was a demo buy order for the eur/usd and i made the Tp in the settings of the script 50 pips and the actual price Double topped THRU the tp line but thats all it is, is a line. I want the lines to work, as in, execute predetermined stop profit orders.

Hi there, thanks for the script, would it be possible to manipulate the actual SL of the order instead of waiting for price to hit the "virtual SL" (visualised by the the red line)?
greetings