Maximize Your Trades with Hidden TP and SL in MetaTrader 4

Mike 2016.01.09 00:25 22 0 0
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Looking to streamline your trading strategy? The Hidden TP and SL Expert Advisor (EA) for MetaTrader 4 could be just what you need! This handy tool helps you close positions with either profit or loss, keeping track of all positions for the chart's symbol individually.

Here's a quick look at the key settings:

  • TPforSymbol: Set your target profit level to determine when to close all positions for the symbol on your chart. Just keep in mind that swap fees and commissions can eat into your profits.
  • SLforSymbol: Define your stop loss level for each position related to the symbol on your chart. Remember, swap fees and commissions can increase your losses, so it's crucial to keep this in check. Note that SLforSymbol should always be set at or below zero.

This EA is designed to help you get the most out of your trades by automating your exit strategy. Whether you’re a seasoned trader or just starting out, having this tool can really give you an edge in the market!

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