eaBreakeven is a nifty tool designed to enhance your trading strategy on MetaTrader 5. This EA automatically adjusts your Stop Loss to breakeven, giving you peace of mind as it plays a sound alert whenever the Stop Loss is modified. Keep in mind, this EA only manages positions for the currency pair currently displayed on your chart. So, if you're trading GBPUSD, it will handle only GBPUSD trades.
Input Parameters
- Breakeven in Points - This parameter sets the profit level at which the EA will move the Stop Loss to breakeven.
- Breakeven Distance in Points - Here you define how far from the entry price the Stop Loss will be set. For instance, if you open a short position at 1.9873 and set this parameter to 5 points, eaBreakeven will adjust your Stop Loss to 1.9868.
- Magic Number - This is the unique ID for the orders managed by the EA. If set to 0, the EA will manage all positions for the current currency pair.
- Enable/Disable Sound Alert - Toggle this option to turn audio notifications on or off when a breakeven adjustment occurs.
- Sound File Name - Specify the name of your sound file located in the \Sounds folder of your MetaTrader setup.
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