Button to move Stop to Breakeven | Forex Factory

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Attachments: Button to move Stop to Breakeven
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Button to move Stop to Breakeven

  • #1
  • First Post: Apr 17, 2017 6:11am Apr 17, 2017 6:11am
would it be possible for some kind soul to programme a BREAKEVEN button as per the attached image.

The function would be to move the Stoploss to Breakeven+ when the trader decides, based on a Preset Parameter of BE+0 or to BE+1 or +2 etc, this function is available automatically in many TMs but I am looking for manual control, I do know you can drag the sl manually so thank you in advance for those of you who will tell me that.
I donīt know if it is possible to make it work whilst there is a TM attached as I am aware that you can not have 2 EAs running on the same chart so I am assuming that it would have to be a script, but the disadvantage of a script it has to be dragged and dropped onto a chart, or hot keyed some thing I have never been able to do quickly. hence the request for a Button on the chart.

or if any one knows of a preexisting indicator/script/Ea, I have searched but can not find any thing exactly like this.
Attached Image (click to enlarge)
Click to Enlarge Name: Breakeven.png Size: 44 KB
Cut your Losers short and let your Winners run.
  • #2
  • Apr 17, 2017 10:29am Apr 17, 2017 10:29am
Think the only realistic way to achieve what you ask is to code the Button into the TM that you have running if you have the mq4 for it.

M.
If you think I'm mad, I must be mad
  • #3
  • Apr 17, 2017 12:29pm Apr 17, 2017 12:29pm
These scripts works fine. If you define it as a hotkey it should do the job. Ofc 1 script per 1 setting in case you'd want to use more advance BE policy.
Attached File(s)
File Type: ex4 SL to BE.ex4   5 KB | 1,477 downloads
File Type: mq4 SL to BE.mq4   1 KB | 2,128 downloads
  • #4
  • Apr 17, 2017 12:45pm Apr 17, 2017 12:45pm
Like futurespec said it would be best to code your BE button in the EA you currently use. The problem is that an indicator with a button won't be allowed by MT4 to modify your Order.

About using a script, I suggest you use a gaming mouse(one with multiple custom button) and assign one of those button the hotkey of your script. That is how I use my scripts and for me it's the best.

Cheers!
  • #5
  • Apr 18, 2017 6:11am Apr 18, 2017 6:11am
Quoting nuckern
These scripts works fine. If you define it as a hotkey it should do the job. Ofc 1 script per 1 setting in case you'd want to use more advance BE policy. {file} {file}
Hi Nuckern. Yes I have this script. Correct me if I am wrong, the only way to change the number of BE pips is to edit the script with Metaeditor. The one I have was set to BE +3 which was = to .03 pips in EU.
Cut your Losers short and let your Winners run.
  • #6
  • Apr 18, 2017 6:23am Apr 18, 2017 6:23am
Quoting futurespec
Think the only realistic way to achieve what you ask is to code the Button into the TM that you have running if you have the mq4 for it. M.
Thanks for responding. I have the mq4 for the TM I use. Is it not a big job to add something like this to an existing EA, at the moment I am using a script with a Hot Key assigned, but due to digits difference between instruments the script has to be edited via Meta editor to change the BE + pips setting every time I change instrument. No it doesnt, what a dickhead I am, just save each script with a different name and assign a different Hot Key for each instrument if necessary. Simple!! It would be great to have the BE Button concept included in the EA but the scripts work as well.
Attached File(s)
File Type: mq4 milaneseAPTM_218.mq4   65 KB | 790 downloads
Cut your Losers short and let your Winners run.
  • #7
  • Apr 18, 2017 6:24am Apr 18, 2017 6:24am
Quoting thedrrew
Like futurespec said it would be best to code your BE button in the EA you currently use. The problem is that an indicator with a button won't be allowed by MT4 to modify your Order. About using a script, I suggest you use a gaming mouse(one with multiple custom button) and assign one of those button the hotkey of your script. That is how I use my scripts and for me it's the best. Cheers!
Thanks for responding. I think I have it worked out.
Cut your Losers short and let your Winners run.
  • #8
  • Apr 18, 2017 7:40am Apr 18, 2017 7:40am
Quoting dee50
{quote} Thanks for responding. I have the mq4 for the TM I use. Is it not a big job to add something like this to an existing EA, at the moment I am using a script with a Hot Key assigned, but due to digits difference between instruments the script has to be edited via Meta editor to change the BE + pips setting every time I change instrument. No it doesnt, what a dickhead I am, just save each script with a different name and assign a different Hot Key for each instrument if necessary. Simple!! It would be great to have the BE Button concept included...
I agree the BE button would be definitely more suitable than various scripts. The other option is use different TM manager. But I get you're used to the milanese one. So I wish you find somebody who will add it there for you.
  • #9
  • Apr 18, 2017 12:57pm Apr 18, 2017 12:57pm
Try this.

Not tested fully so anything could happen! (Did not have time to check exactly what existing TM does)
Have reset some of the defaults on user vars so that all my trades did not get changed.
PLEASE CHECK before using.

If ManageOnlyActualSymbol==true then only works on chart symbol else works on all.
Price needs to be above order open price (BUYS) for BE to work or else that order is ignored.
As is needs to use orders with magic number.

HTH

M.
Attached File(s)
File Type: mq4 milaneseAPTM_218.mq4   67 KB | 823 downloads
If you think I'm mad, I must be mad
  • #10
  • Apr 19, 2017 1:40am Apr 19, 2017 1:40am
Quoting futurespec
Try this. Not tested fully so anything could happen! (Did not have time to check exactly what existing TM does) Have reset some of the defaults on user vars so that all my trades did not get changed. PLEASE CHECK before using. If ManageOnlyActualSymbol==true then only works on chart symbol else works on all. Price needs to be above order open price (BUYS) for BE to work or else that order is ignored. As is needs to use orders with magic number. HTH M. {file}
WOW. Thanks Futurespec. I will try this out as soon as I get a trade opportunity.
Cut your Losers short and let your Winners run.
  • #11
  • Apr 19, 2017 2:15am Apr 19, 2017 2:15am
Quoting futurespec
Try this. Not tested fully so anything could happen! (Did not have time to check exactly what existing TM does) Have reset some of the defaults on user vars so that all my trades did not get changed. PLEASE CHECK before using. If ManageOnlyActualSymbol==true then only works on chart symbol else works on all. Price needs to be above order open price (BUYS) for BE to work or else that order is ignored. As is needs to use orders with magic number. HTH M. {file}
Inserted Code
if(mRes = false)
            Alert(OrderSymbol(), " Order Modify to BE failed");
should be the following I think.... (line 1659)
Inserted Code
if(mRes == false)
            Alert(OrderSymbol(), " Order Modify to BE failed");
  • #12
  • Apr 19, 2017 3:51am Apr 19, 2017 3:51am
Oooh!! Someone is on the ball (not me)

Thanks for pointing that out.
Mod attached

M.
Attached File(s)
File Type: mq4 milaneseAPTM_218.mq4   67 KB | 1,257 downloads
If you think I'm mad, I must be mad
  • #13
  • Apr 19, 2017 4:44am Apr 19, 2017 4:44am
Quoting futurespec
Oooh!! Someone is on the ball (not me) Thanks for pointing that out. Mod attached M. {file}
Thank you for your help. Works a treat. Does just what I want it to. tried it on singles and multiple orders, various settings, all works just fine.
Attached Image (click to enlarge)
Click to Enlarge Name: Thanks.png Size: 43 KB
Cut your Losers short and let your Winners run.
  • #14
  • Apr 19, 2017 4:48am Apr 19, 2017 4:48am
Great, pleased it helped.

M.

If you think I'm mad, I must be mad
  • #15
  • Apr 20, 2017 6:29am Apr 20, 2017 6:29am
Quoting dee50
would it be possible for some kind soul to programme a BREAKEVEN button as per the attached image. The function would be to move the Stoploss to Breakeven+ when the trader decides, based on a Preset Parameter of BE+0 or to BE+1 or +2 etc, this function is available automatically in many TMs but I am looking for manual control, I do know you can drag the sl manually so thank you in advance for those of you who will tell me that. I dont know if it is possible to make it work whilst there is a TM attached as I am aware that you can not have 2 EAs running...
This is a script you may find it useful.
Attached File(s)
File Type: ex4 BE Button.ex4   40 KB | 1,339 downloads

Attached Image (click to enlarge)
Click to Enlarge Name: BE Script.jpg Size: 73 KB
Trade what you see not what you hope
  • #16
  • Apr 20, 2017 10:19am Apr 20, 2017 10:19am
Quoting cja
{quote} This is a script you may find it useful. {file} {image}
Thanks CJA. Will give it a try. Many thanks.
Cut your Losers short and let your Winners run.
  • #17
  • Apr 20, 2017 10:32am Apr 20, 2017 10:32am
Awesome!!!! Been wanting something like this for ages
  • #18
  • Aug 7, 2017 4:06am Aug 7, 2017 4:06am
Quoting cja
{quote} This is a script you may find it useful. {file} {image}
Hi, CJA
When you find some free time, could you be able to change the pip buffer option to point? (In case I want to set 1.2 pips for buffer.)
Thank you!
Simplicity is the ultimate sophistication - Leonardo da Vinci
  • #19
  • Aug 7, 2017 5:26am Aug 7, 2017 5:26am
Quoting heispark
{quote} Hi, CJA When you find some free time, could you be able to change the pip buffer option to point? (In case I want to set 1.2 pips for buffer.) Thank you!
I have set the BE levels to a double so now you can set fractional BE levels.
Attached File(s)
File Type: ex4 BE Button.ex4   39 KB | 1,457 downloads
Trade what you see not what you hope
  • #20
  • Aug 7, 2017 6:07am Aug 7, 2017 6:07am
Quoting cja
{quote} I have set the BE levels to a double so now you can set fractional BE levels. {file}
Thank you so much, sir!
Simplicity is the ultimate sophistication - Leonardo da Vinci
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