BE - Breakeven, how to set?

Hi
I am newbie, doing trading since last 6 months, have read many threads and understood few things here and there.
Continuously I came across a term "BE", I assume and understand it should be Breakeven, meaning no loss and remain at "0" if things go wrong.
Please could anyone advise on how to use it on MT4, is it an EA or a built in feature of MT4.
Sorry for such question but cant find a solution to get some know how on this.
Thanks

Hello m8.

In order to break even using Metatrader4. You have many different ways to do so. Yet one of the ones you can break even as follows.

Say your long on Eur/usd at 1.2799
Your in profit a total of 10 points
What you can do is right click your open order on metatrader4
A menu will pop-up on your screen
Where it says TYPE select MODIFY order
What you can do is set your STOP LOSS to the exact price you you entered the currency (of course adding the amount of points needed in order to cover the commission)
That is how I do it.

Breakeven just means that you are closing your position at the same price you initially entered, therefore your profit is zero.

Is there any EA to do this automatically?

You should consider that closing the order in the same price you've opened it will make you lose the spread, so a real BE will be to close the order at the original price + spread (for a BUY) or original price - spread (for a SELL)