Maximize Your Trading with LacusTstopandBE: The Ultimate EA for MetaTrader 4

If you're looking to take your manual trading to the next level, the LacusTstopandBE is a game-changer. This Expert Advisor (EA) is specifically designed to help you manage your trades with ease, placing Stop Loss and Take Profit for various order types including Buy, Sell, Buy Limit, Buy Stop, Sell Limit, and Sell Stop. Plus, it comes with handy features like Break Even and Trailing Stop, making it an all-around tool for traders.

Input Parameters:

• Stoploss: Set your Stop Loss in pips.
• Takeprofit: Define your Take Profit in pips.
• trailingstart: This is the distance from the Open price that starts the trailing. If you set it to 0, the Trailing Stop kicks in immediately when the price moves in your favor.
• trailingstop: Distance from the current price in pips for the Trailing Stop.
• breakevengain: This will move your Stop Loss to Break Even after reaching a certain number of pips in profit.
• breakeven: The number of pips secured in profit.

Example:

Let’s say you open a Buy order. The EA will automatically set your Stop Loss and Take Profit values (for example, 40 pips SL and 200 pips TP) on the next tick. As the price moves in your favor and reaches 25 pips in profit, the EA shifts the Stop Loss to Break Even at +10 pips. If the price continues to rise and hits +30 pips or more, our EA will adjust the Stop Loss accordingly, with a trailing stop set at 20 pips from the current price.

We’d love to hear your thoughts and suggestions! If you have any great ideas to enhance the functionality of this EA, please drop a comment below.

What’s New in Version 3.1:

• Percentofbalance: Closes all open orders when account profit reaches a specified percentage of your balance.
• ProfitAmount: Closes all open orders once your account profit hits a certain amount, like 12 euros, regardless of whether they are profitable.
• Orderprofit: Closes an order on the current pair when its profit reaches a defined amount, say 4 euros.
• Stealth mode: When activated, the EA calculates Stop Loss, Break Even, Trailing Stop, and Take Profit values without revealing these to the broker until it’s time to close the order.

I’m on the lookout for someone to test this EA in a DEMO environment since I’m strapped for time. Testing the Stealth mode is my top priority!