Break even 'EA'?

Wow - that's super helpful, thank you very much!

I'd give you a vouch if I could.

One probably very silly question but does an EA function when MT4 is off or minimized - or does MT4 have to be fully open for an EA to work?

Minimized = it will still work.
Off, as in if you close the terminal = no, it won't work.

Hello,
can you improve this EA, co it can work with micro acounts? At the moment the least value possible to set is 1, an I need to set 1.6. Does anyone know other breakeven ea that works like this?

I have found a partial solution: http://www.forexfactory.com/showthread.php?t=372881
Unfortunately, only a level of breakeven is fixed, but I need also to fix a level of profit. Then there is something more important. The EA keeps setting breakeven all the time, while it should set it immediately after reaching profit level, but later when we get more pips, it should allow setting different value of breakeven.

Hey tigpips,
Thanks so much for the ea, I was wondering if you could make it so it only manages 1 trade, not sure if possible or how hard that is but really appreciated if so.
Cheers

Swiss Army EA

Thanks Feliks but I really like this one , very simple etc and if I could attach it to a trade number that would be great.

grr I can't get it to load..i can get v1 to showup but not v1.1 or 1.2 of breakeven EA . it's highlighted on EA's on the navigator but only v1 will show up when I double click..

Can anyone post their breakeven EA they use? I don't need many features. I just want it to set it at + x pips above breakeven (1 pip).

http://www.forexfactory.com/showthre...80#post7389380

v1.3
Updated to work with the latest MT4 build.
Changed pip value to allow decimal points, so that you could key in 1.0 pips or 1.6 pips as your break even point.
Changed the way the EA updates your orders, so that it does not continually update the same orders to break even over and over again.
Added order swap to overall calculation

Added new feature:
To allow management of orders via their exact trade number. Meaning, if you were to enter a buy or sell order, its order number will listed on the left hand side of your screen. Set "useOrderNumber" to true. Under "OrderNumber", key in the order number of that particular order and the EA will manage that order only.

useOrderNumber
set to true = Enable
set to false = Disable

OrderNumber
Your order no. or trade number

if useMagicNumber and useOrderNumber are set to false, it will update all orders.

Hello.

This EA looks very simple and very good. That's exactly what I'm looking for.

But is anybody here who can coded this ea. I need an EA looks like this, but for different pairs/ charts on the same account.

Example: I opened one trade E/U with TP and SL and the SL must move to BE after +15 Pips, another order U/J must set to BE after +20 Pips.

Or, anybody knows an EA who can do this?

Thanks and regards

Did you read the thread?

Thanks fxdaytrader for your lovely comment and smiley.

I read this thread.

When MPTM is running on my MT4 Platform, build 610 or build 618, and i will or must close the platform, system is hanging, on
VPS and on local Computer too.

This is the reason that i want to use a simple Breakout ea for different pairs.

regards

Nice, learn what the difference is between Breakout and Breakeven ...

...

What is your mission, fxdaytrader??? To play the teacher here in forum, or you will help?

If you know the name of this thread and you read my first post, then you would have to also know, as smart as you are doing, that it is probably a write error!

If you even just a little, are what you pretend to be, then probably a little help for you indeed be no problem?


Also, thanks and happy trading, if you were to ever be a real trader and not just only a teacher.

i m also confuse what is the difference between break even and breakout.may be break even for single trade and break out means whole trade. is that right

@diehard

Breakeven means this point at which an investment is becoming a benefit.

Breakout in Trading is a form of trading in which you are trade the outbreaks of a previously fixed range or line.


Right, Fxdaytrader?

total=OrdersTotal();
for(cnt = total-1; cnt >= 0; cnt--)
{
RefreshRates();
OrderSelect(cnt, SELECT_BY_POS, MODE_TRADES);
if ((OrderSymbol()
== Symbol()) && ( OrderMagicNumber() == MagicNumber))
{
if ((TrailingStop1 > 0) &&
(MathAbs(OrderClosePrice() - OrderOpenPrice()) > + TrailingStop1*pips2dbl + BreakEven1*pips2dbl ) &&
(OrderProfit() > 0.00))
{

if ( ((OrderType() == OP_BUY) && (OrderMagicNumber() == MagicNumber)&& (OrderClosePrice() - BreakEven1*pips2dbl) > OrderStopLoss()) ||
( (OrderClosePrice() - TrailingStop1*pips2dbl- BreakEven1*pips2dbl ) >= OrderOpenPrice()) )
OrderModify(OrderTicket(),OrderOpenPrice(),OrderClosePrice()-TrailingStop1*pips2dbl - BreakEven1*pips2dbl,OrderTakeProfit(),1,White);

if ( ((OrderType() == OP_SELL)&& (OrderMagicNumber() == MagicNumber)&& (OrderClosePrice()+ TrailingStop1*pips2dbl + BreakEven1*pips2dbl) < OrderStopLoss()) ||
( (OrderClosePrice() + TrailingStop1*pips2dbl + BreakEven1*pips2dbl) <= OrderOpenPrice()) )
OrderModify(OrderTicket(),OrderOpenPrice(),OrderClosePrice()+TrailingStop1*pips2dbl + BreakEven1*pips2dbl,OrderTakeProfit(),1,White);
}
}
}