This EA is very suitable for those of you who trade manually. You install the EA on your computer, and trade by phone. The exit point has been taken care of by the EA. It’s great, isn’t it?
The EA sets automatically stop loss and take profit for every new order. This EA works for all of the orders on the platform so there is no need to attach in on the every chart. In addition, it includes many functions such as placing stop loss at the top or bottom, trailing stop, break even. Automatically close orders when encountering some reversal patterns like Engulfing, ThreeInside, ThreOutside.
We have 2 versions:
MT4: link
MT5: link
StopLoss: =0 means the EA automatically sets a stop loss at the bottom or top. >0 means EA will sets a stop loss at a distance which you chose.
TakeProfit
TrailingStop:
- 0 means no using Trailing Stop Loss,> 0 means using Trailing Stop Loss.
- It takes effect when BreakEven=0;
BreakEven:
- 0 means no using BreakEven ,> 0 means using BreakEven .
- It takes effect when TrailingStop =0;
Close Order by These Pattern:
- Engulfing=false; turn it to true to use.
- ThreeInside=false; turn it to true to use.
- ThreOutside=false; turn it to true to use.
[spoiler title=”Read More…”]
StopLoss: =0 means the EA automatically sets a stop loss at the bottom or top. >0 means EA will sets a stop loss at a distance which you chose.
TakeProfit
TrailingStop:
- 0 means no using Trailing Stop Loss,> 0 means using Trailing Stop Loss.
- It takes effect when BreakEven=0;
BreakEven:
BreakEven:
- 0 means no using BreakEven ,> 0 means using BreakEven .
- It takes effect when TrailingStop =0;
Close Order by These Pattern:
- Engulfing=false; turn it to true to use.
- ThreeInside=false; turn it to true to use.
- ThreOutside=false; turn it to true to use.
Close Order by These Pattern:
- Engulfing=false; turn it to true to use.
- ThreeInside=false; turn it to true to use.
- ThreOutside=false; turn it to true to use.
You can watch this video:
*Note: This EA is only for closing trades, not for entering trades.
[/spoiler]