Master Your Trades with ProfitLossTrailEA for MetaTrader 4

Key Parameters

• ManageOrders:
• Order_By_Order: Manage each order separately.
• Same_Type_As_One: Treat similar orders (all buy or all sell) as a single entity, like a basket.
• PutTakeProfit: Set take profit on orders (yes/no).
• TakeProfitPips: Specify take profit in pips.
• PutStopLoss: Set stop loss on orders (yes/no).
• StopLossPips: Define stop loss in pips.
• UseTrailingStop: Activate trailing stop loss (yes/no).
• PutStopLossAfter: Set stop loss if the order is in profit by a specified number of pips.
• TrailingStop: Set the trailing stop distance in pips.
• TrailingStep: Define the steps in pips to adjust the stop loss.
• UseBreakEven: Enable Break Even (set stop loss only when profitable) (yes/no).
• BreakEvenAfter: Set stop loss if the order is in profit by a specified number of pips.
• BreakEvenPips: The pips between order open price and where to place the stop loss.
• DeleteTakeProfit: Remove take profit if it exists on the order (yes/no).
• DeleteStopLoss: Remove stop loss if it exists on the order (yes/no).
• MagicNumber:
• >0: Modify orders with a specific ID.
• 0: Modify all orders (from EA or manually).
• -1: Modify only manual orders.
• -2: Modify orders for the current chart symbol only.
• SoundAlert: Play a sound alert for each operation performed by the EA.
• ColorBackground: Change the background color of comments for easier visibility.