Created by: dXerof
If you're looking to streamline your trading with automated Stop Loss and Take Profit settings, then the AutoSLTP EA is a game changer for you! This handy tool takes the guesswork out of managing your open trades, ensuring that your positions are always protected.
The beauty of this EA is its versatility. You can set it up to manage SL/TP for one currency pair or all pairs. Just attach the EA to any single chart, and you're good to go! When you configure the input settings, you can specify whether you want it to operate on just one pair or across all pairs. If you set AllPairs = True, the EA will automatically manage all your positions, making your trading life a whole lot easier.
Latest Update:
The current version is: AutoSLTP upd.mq4
input double TakeProfit=400; // 40 for 4-digit accounts; 400 for 5-digit accounts
input double StopLoss=150; // 15 for 4-digit accounts; 150 for 5-digit accountsHow It Works
slbuy=NormalizeDouble(OrderOpenPrice()-iStopLoss*poin,digi);
tpbuy=NormalizeDouble(OrderOpenPrice()+iTakeProfit*poin,digi);
slsell=NormalizeDouble(OrderOpenPrice()+iStopLoss*poin,digi);
tpsell=NormalizeDouble(OrderOpenPrice()-iTakeProfit*poin,digi);Input Settings Explained:
input bool AllPairs=True; // Set to True for the EA to manage all pairs, False for just one
input double TakeProfit=40; // Enter in 4-digit format: 40 (4D) or 400 (5D)
input double StopLoss=15; // Same format as TakeProfit
input double DurasiTime=60; // EA will only manage orders opened within the last 60 secondsIn summary, the AutoSLTP EA is an invaluable tool for any trader looking to optimize their trading strategy. It simplifies the process of managing risk and ensures that you can focus on executing your trades without constantly worrying about your SL and TP levels. Give it a try and watch your trading efficiency soar!
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