Rule number one in market trading is to ” safeguard capital.”
Once your trade is becoming profitable, do not let it reverse and also for a result of losses on your account.
The EA mechanically moves the stop loss to the breakeven amount after the profit on the current order reaches the target value as a portion of the account.
consumers can also select whether commission and swap should be taken into account when moving.
If the user manually moves the stop loss to a level where the profit exceeds the breakeven level, the EA does not take any actions.
Basic settings
- breakevenpercentage– target profit at which the EA moves the stop loss to breakeven (0.01-100%).
- compensatecommission-take into account the commission when moving to breakeven.
- compensateswap-take into account the swap when moving to breakeven.
Settings for automatic stop loss movement
- enableautomove – enable the automatic move function
- automoveeverypercentage-automatically move the stop loss to capture more profit through the specified percentage value
The utility is well suited for working on a VPN server or for working around the clock in parallel with your manual trading strategy.